ENTITY
Bank for Foreign Trade of Vietnam

Bank for Foreign Trade of Vietnam (VCB VN)

63
Analysis
FinancialsVietnam
Joint Stock Commercial Bank for Foreign Trade of Vietnam provides banking products and services for individuals, corporates, and financial institutions in Vietnam and internationally. The company accepts personal and savings accounts; and business accounts, such as current accounts, and time and special deposit products. Its loan products comprise personal loans; and short-term lending, working capital financing, project finance, and trade finance products. In addition, the company offers various cards; account services, including demand and term deposit accounts, fund management, and auto-investment services; and money transfer, bancassurance, payments and cash management, foreign exchange and treasury, international payments, guarantees, investment banking, asset management, correspondent banking, factoring, financial and office leasing, securities, and remittance services. Further, it provides electronic banking services, such as Internet, mobile, SMS, and phone banking services, as well as VCB-Money, VCB-eTour, and VCB-eTopup services. As of December 31, 2014, the company operated 89 branches, 351 transaction offices, and 1 representative office. Joint Stock Commercial Bank for Foreign Trade of Vietnam was founded in 1963 and is headquartered in Hanoi, Vietnam.
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29 Nov 2023 19:59Broker

Banking Sector - 9M23 Update and Outlook - Overcoming adversity

Credit growth in 9M23 lagged significantly behind annual target set by State Bank of Vietnam (SBV): By end-3Q23, credit growth for the year stood...

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29 Aug 2023 09:18Broker

Banking Sector - 1H23 Update and Outlook - An Essential Deceleration

Credit growth in 1H23 slightly behind full-year target: By end-2Q23, credit growth was low, at 4.7% YTD, which is far behind the annual plan from...

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28 Jun 2023 07:59Broker

Banking Sector - 1Q23 update and outlook - Return of dovish policies

By end-1Q23, credit growth was low, at 2.1% YTD. This was the second lowest rate since that of 2015, when the domestic banking sector began to...

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15 May 2023 09:06Broker

VCB ­- Resilient amidst uncertainties

VCB was amongst the few banks that could maintain growth momentum until the last quarter of the year. Both quarterly and yearly bottom line growth...

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07 Apr 2023 23:39Broker

JSCB for Foreign Trade of Vietnam (VCB – Hold) - Keep moving forward

By end-2022, the total assets of JSCB for Foreign Trade of Vietnam (VCB) reached VND1,814tr (US$77.2bn, +28.2% YoY), recording a five-year-high...

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