VietinBank - The Local Bank for International Businesses
VietinBank - The Local Bank for International Businesses
The year 2024 marked a new milestone as VietinBank received the "Best Local Bank for FDI in Vietnam" award from Global Banking and Finance Review magazine for the first time. Simultaneously, VietinBank was awarded the "Infrastructure Deal of The Year" award for the third consecutive time at the Asian Banking & Finance (ABF) Corporate and Investment Banking Awards in Singapore. This is a recognition of VietinBank's crucial role in financing the Bac Thạch Hà Industrial Park project by VSIP Group, a joint venture between Sembcorp Development and Becamex IDC.
VietinBank receives the "Best Local Bank for FDI in Vietnam" award
The two major awards in 2024 not only recognize VietinBank's efforts and commitment in accompanying FDI enterprises but also affirm the bank's role in promoting socio-economic development in Vietnam. With a comprehensive development strategy, VietinBank continues to assert its position as a reliable and ideal partner for international investors in developing and expanding their market in Vietnam.
VietinBank is awarded the "Infrastructure Deal of The Year" award
Customer-centric and one-stop-shop
VietinBank is currently the bank with the largest scale and market share in transactions with FDI customers in Vietnam, with over 7,000 customers (accounting for about 30% of the FDI customer market share in Vietnam) and a capital financing and mobilization scale of nearly 11 billion USD. With a diverse customer base from many countries, VietinBank establishes service groups for each country/territory to approach, care for, and build suitable policies, products, services, solutions, and solution packages.
In addition, VietinBank implements a "one-stop-shop" strategy, focusing on a single point of comprehensive service to fully meet the needs of customers' ecosystems for services and products.
Financial strength in the international market
With the backing of a strong shareholder structure and the 11-year companionship of strategic partner MUFG Bank (nearly 20% stake), VietinBank has established a solid position in supporting FDI enterprises in Vietnam through sharing international knowledge and experience.
VietinBank's financial strength in the international market is further affirmed by being in the Top 2000 Largest Companies in the World by Forbes Global for 12 consecutive years and being in the Top 200 Most Valuable Banking Brands in the World for three consecutive times (according to the latest announcement by Brand Finance consultancy in the Banking 500 - 2024 ranking report). VietinBank's stability and prestige are also reflected through positive assessments from international rating organizations such as Moody's, Fitch Ratings, etc.
Leading bank in "green" project financing
To date, VietinBank has a large financing portfolio in the field of industrial infrastructure development, with a credit scale of over 2 billion USD for industrial real estate and logistics projects. Besides, VietinBank is a pioneer in developing the Sustainable Finance Framework (SFF) with ESG deposit products and green finance. At the same time, VietinBank is also the main lender for the largest urban industrial parks in the process of obtaining LEED certification and establishing independent rooftop solar power systems. Through this, VietinBank proves to be the leading bank in the sustainable finance market in Vietnam, aiming to promote the application of ESG and accompany customers in the journey of transitioning to green energy use.
The year 2024 marked a new milestone as VietinBank received the "Best Local Bank for FDI in Vietnam" award from Global Banking and Finance Review magazine for the first time. Simultaneously, VietinBank was awarded the "Infrastructure Deal of The Year" award for the third consecutive time at the Asian Banking & Finance (ABF) Corporate and Investment Banking Awards in Singapore. This is a recognition of VietinBank's crucial role in financing the Bac Thạch Hà Industrial Park project by VSIP Group, a joint venture between Sembcorp Development and Becamex IDC.
VietinBank receives the "Best Local Bank for FDI in Vietnam" award
The two major awards in 2024 not only recognize VietinBank's efforts and commitment in accompanying FDI enterprises but also affirm the bank's role in promoting socio-economic development in Vietnam. With a comprehensive development strategy, VietinBank continues to assert its position as a reliable and ideal partner for international investors in developing and expanding their market in Vietnam.
VietinBank is awarded the "Infrastructure Deal of The Year" award
Customer-centric and one-stop-shop
VietinBank is currently the bank with the largest scale and market share in transactions with FDI customers in Vietnam, with over 7,000 customers (accounting for about 30% of the FDI customer market share in Vietnam) and a capital financing and mobilization scale of nearly 11 billion USD. With a diverse customer base from many countries, VietinBank establishes service groups for each country/territory to approach, care for, and build suitable policies, products, services, solutions, and solution packages.
In addition, VietinBank implements a "one-stop-shop" strategy, focusing on a single point of comprehensive service to fully meet the needs of customers' ecosystems for services and products.
Financial strength in the international market
With the backing of a strong shareholder structure and the 11-year companionship of strategic partner MUFG Bank (nearly 20% stake), VietinBank has established a solid position in supporting FDI enterprises in Vietnam through sharing international knowledge and experience.
VietinBank's financial strength in the international market is further affirmed by being in the Top 2000 Largest Companies in the World by Forbes Global for 12 consecutive years and being in the Top 200 Most Valuable Banking Brands in the World for three consecutive times (according to the latest announcement by Brand Finance consultancy in the Banking 500 - 2024 ranking report). VietinBank's stability and prestige are also reflected through positive assessments from international rating organizations such as Moody's, Fitch Ratings, etc.
Leading bank in "green" project financing
To date, VietinBank has a large financing portfolio in the field of industrial infrastructure development, with a credit scale of over 2 billion USD for industrial real estate and logistics projects. Besides, VietinBank is a pioneer in developing the Sustainable Finance Framework (SFF) with ESG deposit products and green finance. At the same time, VietinBank is also the main lender for the largest urban industrial parks in the process of obtaining LEED certification and establishing independent rooftop solar power systems. Through this, VietinBank proves to be the leading bank in the sustainable finance market in Vietnam, aiming to promote the application of ESG and accompany customers in the journey of transitioning to green energy use.