Vietinbank

Vietnam Joint Stock Commercial Bank for Industry and Trade
Vietinbank
Company typeJoint-stock company
HOSECTG
IndustryFinancial services
Founded1988 (1988)
HeadquartersHanoi
Area served
Vietnam
Key people
Lê Đức Thọ (chairman)
Trần Minh Bình (director)
Revenue55.775 bn VND (2011)[1]
8,392 bn VND (2011)
6,259 bn VND (2011)
OwnerState Bank of Vietnam
Websitewww.vietinbank.vn

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.

  1. ^ "CTG stock quote". Gafin.vn. Archived from the original on 13 January 2013. Retrieved 27 December 2012.
  2. ^ T. L. (2023-03-02). "Top 10 ông lớn ngân hàng "so găng" độ dày vốn, quy mô tổng tài sản". Báo Đầu tư (in Vietnamese). Ministry of Planning and Investment. Archived from the original on 2023-07-17. Retrieved 2023-07-17.
  3. ^ "VNR500". Vietnammonitor. Archived from the original on 28 December 2012. Retrieved 27 December 2012.
  4. ^ "CTG stock quote". Bloomberg. Archived from the original on 5 April 2017. Retrieved 27 December 2012.
  5. ^ "VietinBank lends US$253 mil. to PVEP". The Saigon Times. 12 November 2012. Archived from the original on 2 April 2015. Retrieved 27 December 2012.
  6. ^ "VietinBank lends VND6.2 trillion to EVN". The Saigon Times. 30 November 2012. Archived from the original on 2 April 2015. Retrieved 27 December 2012.