Loan deal set for renewable energy projects

Friday, Aug 21, 2020

The Viet Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Trung Nam Group have signed a comprehensive co-operation deal providing financial sources for renewable energy projects.

Five banks give Da Nang $1.07m for COVID-19 fight

Sunday, Aug 02, 2020

Five banks have donated a total of VNĐ25 billion (US$1.07 million) for the fight against the new Covid-19 outbreak that began in Đà Nẵng city, according to the State Bank of Vietnam.

IFC investor group no longer VietinBank’s major shareholder

Tuesday, Jan 14, 2020

The International Finance Corporation (IFC) investor group is now no longer a major shareholder of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.

Government backs capital hike plans for four State-owned banks

Thursday, Jan 09, 2020

The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.

VietinBank to divest from Saigonbank in Q2

Wednesday, Mar 20, 2019

State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) will put more than 15.1 million shares of Saigon Bank for Industry and Trade (Saigonbank) up for auction in the second quarter of this year.

VietinBank appoints new chairman, general director

Friday, Nov 02, 2018

After three months with no chairperson, Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has finally appointed Le Duc Tho to take the position on October 31.

Japanese financial group wants to raise holding in VietinBank

Thursday, Oct 11, 2018

Japan’s Mitsubishi UFJ Financial Group (MUFG) expected to increase its holding in VietinBank from the current 17.7 per cent to 50 per cent of the bank’s charter capital, according to the group’s vice chairman Eiichi Yoshikawa.

VietinBank to divest all holdings at Saigonbank

Friday, Oct 05, 2018

State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade this week announced it plans to divest its holding in Saigon Bank for Industry and Trade.

VietinBank issues bonds with attractive interest rates

Wednesday, Nov 08, 2017

Viet Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is issuing 20,000 bonds in phase 1 of its public offering from October 25 to November 13, 2017.

Vietinbank to pay VND2.6 trillion in dividend to stakeholders

Tuesday, Sep 19, 2017

The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has announced that it will pay cash dividends to the shareholders of 2016.

Vietinbank inks loan pact with foreign banks

Monday, Jul 03, 2017

The Vietnam Joint Stock Commercial Bank of Industry and Trade (Vietinbank) signed a syndicated loan agreement worth US$100 million with eight foreign financial institutions.  

Vietinbank appoints new deputy general director

Friday, May 19, 2017

Viet Nam Joint Stock Commercial Bank for Industry and Trade’s (VietinBank) board of directors has appointed Hiroshi Yamaguchi as the new deputy general director of the bank from May 15.  

Vietinbank becomes settlement unit in derivatives market

Wednesday, May 17, 2017

The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been made the exclusive financial institution to carry out settlements for derivatives trading transactions.  

Aviva acquires bank’s stake in Vietinbank Aviva

Monday, Apr 24, 2017

British insurance firm Aviva has acquired 50 per cent stake in domestic insurance firm Vietinbank Aviva from the Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank).

Vietinbank's profit rises 10.3%

Tuesday, Jul 12, 2016

Vietinbank on Monday reported a profit of VND4.273 trillion (US$190.75 million) in the first half of the year, up 10.3 per cent against the same period last year.