Vietinbank | |
Company type | Joint-stock company |
HOSE: CTG | |
Industry | Financial services |
Founded | 1988 |
Headquarters | Hanoi |
Area served | Vietnam |
Key people | Lê Đức Thọ (chairman) Trần Minh Bình (director) |
Revenue | 55.775 bn VND (2011)[1] |
8,392 bn VND (2011) | |
6,259 bn VND (2011) | |
Owner | State Bank of Vietnam |
Website | www |
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnamese: Ngân hàng Thương mại Cổ phần Công thương Việt Nam), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management.[2]
According to the VNR500 (Top 500) ranking, Vietinbank is Vietnam's 13th largest company.[3] It has a market capitalisation of VND 53.22 trillion (around $2.5 billion) as of late 2012, making it one of Vietnam's largest listed companies.[4]
Major customers with loans of several hundreds of millions of dollars include PetroVietnam[5] and Vietnam Electricity (EVN).[6] Vietinbank also has strategic partnerships with the International Finance Corporation and Mitsubishi UFJ Financial Group.