Established in 1988 as Vietnam Specialized bank for Industry and Trade, in 1990 VietinBank was renamed Industrial and Commercial Bank of Vietnam (IncomBank) under Decision No. 402/CT dated 14/11/1990 by the President of the Council of Ministers.
On 25/12/2008, VietinBank successfully undertook its Initial Public Offering (IPO) and changed its name to Vietnam Joint Stock Commercial Bank for Industry and Trade. Subsequently, on 16/7/2009, VietinBank shares were listed for trading on Ho Chi Minh City Stock Exchange.
Nearly 30 years of operation and development, VietinBank has witnessed outstanding developments, strengthened its position as one of the leading commercial banks in Vietnam.
As a universal bank, VietinBank offers a full range of products and services including: funds mobilization; short-term, middle-term and long-term deposits and loans for individuals and corporations; foreign currency transactions and international trading finance activities; commercial papers, bonds and other valuable papers discounting; and other banking services licensed by the State Bank.
In 2018, VietinBank will focus resources to promote intensive business growth and continue to shift its business structure towards selective and efficient growth. We will strongly improve the quality of services, develop modern products and services, and raise service fee income and non-interest income to improve our income structure. We will dedicate our best efforts to effectively delivering the restructuring plan for 2016 – 2020 period. We will constantly standardize all aspects of VietinBank’s operation including the improvement of risk management capacity, infrastructure development and the modernization of information technology according to international standards and practices, solidifying VietinBank’s top position in the market.