Milestones of VietinBank
HISTORY OF VIETINBANK:
DATE OF ESTABLISHMENT:
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) was established on 26th March 1988 after its separation from the State Bank of Vietnam under Decree No.53/HDBT by the Ministerial Council.
LISTING:
VietinBank stock has been officially listed on Ho Chi Minh City Stock Exchange (HOSE) since 16th July 2009.
- Type of stock: Common stock
- Stock Code: CTG
- Par value per share: VND 10,000
- Total number of shares: 3,723,404,556 shares (as at 31st December 2016)
29 YEARS OF ESTABLISHMENT AND DEVELOPMENT:
PHASE I: 1988 - 2000
Vietnam Joint-Stock Commercial Bank for Industry and Trade came into operation, transformed from one-tier bank into two-tier bank.
PHASE II: 2001 - 2008
VietinBank carried out the organizational restructuring project successfully in terms of debt settlement, organization model, policies and mechanism, and business operation.
PHASE III: 2009 to present
VietinBank was successfully equitized. Robust reform and standardization of all aspects of banking activities have been witnessed. Organization and corporate governance models have been transformed towards international practices.
BRANCHES, TRANSACTION OFFICES:
VietinBank has a domestic network comprising of 155 branches, over 1,000 transaction offices. VietinBank has set its presence in the overseas markets with 2 branches in Germany, 1 wholly-owned subsidiary bank in Laos PDR, and 1 representative office in Myanmar.
REPRESENTATIVE OFFICES:
Representative Office in Ho Chi Minh City
Representative Office in Da Nang City
CENTERS:
Card Center
IT Center
Payment Center
Contact Center
Trade Finance Center
Cash Logistics Center in Hanoi
Cash Logistics Center in Ho Chi Minh City
Cash Logistics Center in Bac Ninh
Cash Logistics Center in Hai Phong
Cash Logistics Center in Da Nang
AFFILIATES:
VietinBank Leasing Company Ltd.
VietinBank Securities Joint Stock Company
VietinBank Debt Management and Asset Exploitation Company Ltd.
VietinBank Insurance Company Ltd.
VietinBank Gold and Jewelry Company Ltd.
VietinBank Fund Management Company Ltd.
VietinBank Global Money Transfer Company Ltd.
VietinBank Lao Ltd.
Indovina Bank
VietinBank COSECO Company Ltd.
VietinBank Human Resources Development and Training School
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