VietinBank: Reliable Partner of FDI Enterprises

1:55:27 PM | 10/28/2014

As a leading credit institution in Vietnam, the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is proud to be a pioneering provider of modern financial and banking products and services of international standard for foreign direct investment (FDI) enterprises in the country. Moreover, with its experience and knowledge of policies and markets in Vietnam, VietinBank always understands and shares difficulties with FDI firms and introduces effective and timely solutions to them. Thus, the bank has confirmed its prestige and brand name on the market and has become a top choice of FDI firms entering the Vietnamese market.
 
VietinBank – a trusted partner
VietinBank is the largest joint stock commercial bank in Vietnam by registered capital, total assets and business network, and the second largest lender in the country. The bank always takes the lead in profit margin, portfolio scale and diversity. VietinBank constantly renovates and develops to realise the goal of becoming a world-class bank. The creditability and quality of VietinBank’s operations has been praised by many large international organisations such as Forbes, Asia Finance Magazine, Asset Tripple A, S&P and Fitch. Besides, VietinBank has strategic partnerships with major financial institutions in the world such as Deutsche Bank, the International Finance Corporation (IFC) and other regional financial institutions.
 
VietinBank always looks towards sustainable and efficient development and international standard-based transformation. The lender has signed many agreements and transactions with powerful financial institutions to enhance its financial health, and has become the bank with the strongest shareholder structure in Vietnam. Its two foreign strategic shareholders are IFC and BTMU. VietinBank is the largest commercial joint stock bank by equity capital, valued over VND50 trillion. It has over 150 branches and over 1,000 transaction offices across Vietnam, one branch in Laos, and two branches in Germany, in Frankfurt and Berlin. VietinBank has a presence in major economic regions in the country, like Nomura Industrial Park, Thang Long Industrial Park and VSIP where foreign-led companies are concentrated.
 

VietinBank’s corporate products and services for FDI companies: Cash flow management services; lending products; trade finance; foreign exchange; financial investment products; derivative and structured products, etc.

Creating its strong impression with continuous efforts and outstanding business results, VietinBank has reconfirmed its world-class brand name and stature. Most recently, the international credit ratings firm S&P raised the VietinBank prospective credit rating from ‘stable’ to ‘positive’, the same rating for the nation, and reaffirmed VietinBank’s short-term and long-term bond ratings at B+. The ratings prospect upgrading was based on VietinBank’s credit data and its important role in Vietnam's banking system. Moody's, an international credit ratings agency, affirmed that VietinBank is an important bank in Vietnam’s financial and banking system. In addition, the lender was the only one of Vietnam to appear in the list of 2,000 largest and most powerful companies in the world in 2013, rated by Forbes Magazine. VietinBank was also rated Top 500 most valuable bank brand, with A+ brand strength ratings, and was the only Vietnamese bank in the Top 10 most valuable bank brand in the world in 2013, rated by The Banker, a prestigious financial and banking journal.
 
VietinBank stands by businesses
VietinBank provides
Many FDI customers have opted for VietinBank’s diverse products and services like Honda, Toyota, Posco, Hyosung, Lotte, Metro, Yamaha, Cargill, Bunge, GreenFeed, CP Vietnam, and many others from , , Hong Kong, the and the EU.
FDI firms not only with specialised financial and banking products, services and utilities, but also with a variety of products and services, ranging from credit to banking services and business-matching and partner-introducing activities. VietinBank always tries to find customer-oriented solutions to provide the best suited products and services for every customer and contribute to their long-term success. With a nationwide network and industry-wide client base, VietinBank has served as an important bridge to link businesses and supported FDI firms to boost their operations in Vietnam. These are VietinBank’s prominent advantages over other financial institutions in the country.
 
So far in 2014, VietinBank has been promoting the growth in FDI customers in both dimension and depth with product and service quality and professional and considerate staff. Branches in major localities will set up units in charge of serving FDI firms, and assign excellent staff to serve these customers to provide them with the highest satisfaction and utility when they are with VietinBank.
 

VietinBank is confident to be a trusted partner of all FDI firms.

 

VietinBank CEO Le Duc Tho said, “Over 25 years of operation in Vietnam, VietinBank is promoting its growing strengths and available resources in capital, network, technology and staff with excellent professional knowledge of all fields and sectors to provide the best suited financial and banking services and utilities for FDI customers. VietinBank will join hands and work closely with businesses to boost their investment and business development activities, and become a reliable partner of FDI firms.”
 
With its professionalism, respectful spirit and cooperation for joint development, VietinBank wants to become a loyal partner with FDI firms and deserves its position as a top lender in Vietnam and a backbone of the country’s financial and banking sector.
 
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