Topic summary

VietinBank

VietinBank

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.

According to the VNR500 (Top 500) ranking, VietinBank is Vietnam's 13th largest company. 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.

Major customers with loans of several hundreds of millions of dollars include PetroVietnam and Vietnam Electricity (EVN). VietinBank also has strategic partnerships with the International Finance Corporation and Mitsubishi UFJ Financial Group.