VPBank has set its 3rd five-year (2022-2026) development strategy goal to become a bank with a solid position in the top 3 leading banks in Vietnam and one of the top 100 largest banks in Asia.
The achievements of the first two development phases (2012-2017 and 2018-2022) have created a solid foundation and comprehensive momentum for VPBank to confidently uphold its success in the new development phase, thereby continuing to promote the sustainable development and prosperity of the country and the community as a whole while delivering value added to the bank’s customers, shareholders and investors.
Strategic vision and solid foundation
Projected by the International Monetary Fund (IMF) in June 2022, Vietnamese economy would likely rise from the current fifth position to the third in Southeast Asia by 2025, with a GDP of more than $571 billion, closely following Indonesia and Thailand. At the same time, IMF highly appreciated Vietnam’s efforts in improving the business environment, promoting digitalisation, enhancing workers’ skills and productivity at small and medium-sized enterprises. These values are to back Vietnam in its quest to obtain long-term growth prospects.
The strength and prospects of the country’s economy, coupled with the above positive forecasts, have created an important footing and support for VPBank’s 3rd five-year development strategy – a new development phase associated with a new set of vision, mission and strategy. In particular, VPBank has built a clear roadmap towards the goal of becoming a multi-purpose bank, a leader in terms of implementation, innovation and creation capacity of new values through comprehensive financial solutions with the synergy of multi-tiered ecosystem and advanced technology application.
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GENERAL INFORMATION
Registered name in Vietnamese: NGÂN HÀNG THƯƠNG MẠI CỔ PHẦN CÔNG THƯƠNG VIỆT NAM
Registered name in English: VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE
Trading name: VietinBank
Banking License: No. 142/GP-NHNN dated 3rd July 2009 by the State Bank of Vietnam
Certificate of Business Registration: No. 0100111948 by Hanoi Department of Planning and Investment for the first issuance on 3rd July 2009, registered for the 10th amendment on 29th April 2014
Charter Capital: VND 37,234,045,560,000
Shareholders’ Equity: VND 63,765,283,000,000 (as of 31st December 2017)
Head Office: 108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, Vietnam
Tel: (84-24) 3942 1030
Fax: (84-24) 3942 1032
Website: www.vietinbank.vn
Securities Code: CTG
MB is a financially sound, strong management, transparent information, convenient and pioneering service provider to realize its mission, an organization, a solid partner, trust.
Over nearly 25 years of construction and growth, MB has grown and grown to become a versatile financial group with MB's parent bank in Vietnam & abroad and its member companies (in the fields of securities, insurance, consumer finance, fund management, asset management, life insurance). With effective business aspects, MB has affirmed its brand and reputation in the financial services industry in Vietnam. MB has diversified service and product activities on the basis of outstanding risk management, modern IT infrastructure, and strong expansion to expand its operations in new market segments besides traditional markets of a commercial bank.
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▶VISION:
To be the most convenient bank
▶MISSION:
For the development of the country, for the sake of customers
▶CORE VALUES:
Unity - Discipline - Dedication - Performance-driven - Reliability – Efficiency
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● Email: tuyendung@mbbank.com.vn
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