Vietnam Thuong Tin Commercial Joint Stock Bank
HHOSE:VBB12,350.00
VND
+50.00
(+0.41%)
ISIN
VN000000VBB6
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Trung Huu Nguyen
- Full Time Employees
- 3,060
- Sector
- Finance
- Industry
- Major banks
- Address
- Soc Trang Vietnam
- IPO Date
- Jul 30, 2019
- Website
- vietbank.com.vn
- Similar Companies
- Business
- Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank) is a Vietnam-based commercial banking institution that provides a comprehensive range of personal, commercial, and digital financial solutions to retail customers, small and medium-sized enterprises (SMEs), and corporate entities. Founded in 2006 and headquartered in Soc Trang Province, Vietnam, the bank operates a nationwide distribution network encompassing approximately 200 branches and transaction offices across major economic hubs and provinces. The bank's core business is organized into retail banking, corporate banking, and treasury operations, offering a diversified suite of products and services that includes capital mobilization and deposit accounts such as demand deposits, fixed-term savings, tiered-rate deposits, and certificates of deposit; retail lending solutions comprising home purchase mortgages, auto loans, consumer credit lines, and personal overdraft facilities; commercial credit facilities including short-term working capital loans, medium- and long-term project financing, asset-backed business loans, and syndicated lending; trade finance and transactional services such as domestic and international letters of credit, performance guarantees, bid bonds, bill discounting, export-import financing, and treasury foreign exchange trading; card issuance and payment processing featuring Vietbank Visa, JCB, and Napas credit and debit cards, point-of-sale merchant terminals, and domestic and international remittance services; and digital banking platforms including the Vietbank Digital Plus mobile application for retail consumers, the Vietbank DigiBiz digital portal for corporate financial and liquidity management, and the Vietbank SmartOTP authentication security system. In recent developments, the bank completed a major corporate milestone by officially transferring and listing its shares on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol VBB, advancing from the UPCoM market to improve liquidity, enhance governance transparency, and attract institutional capital. Concurrently, Vietbank has strengthened its balance sheet by expanding its charter capital to approximately VND 11.85 trillion with an approved roadmap to reach VND 15.55 trillion to support asset expansion and capital adequacy requirements. The bank has also accelerated its multi-year digital transformation strategy, modernizing its core banking infrastructure, deploying upgraded omni-channel enterprise banking applications, and expanding strategic partnerships with digital payment providers and financial technology platforms to enhance operational efficiency and retail market penetration.