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Development History

01

2020

2020

VietABank has achieved many positive results: Increased charter capital to VND 5,000 billion, fulfilled the pillars of BASEL II, completed the purchase of VAMC debt before deadline, international payment reached USD 147 million, up by 211%

VietABank has been honored with several national and international awards, such as: Improved ranking in Top 500 largest enterprises,  Best Bank for Sustainable Development, Best Savings Bank , Best Mobile Banking Application award in Vietnam, among others.

02

2019

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2019

As of the end of 2019, VietABank's business activities maintained a sustainable growth rate in both scale and quality: 7 new branches/transaction offices are launched and growing steadily; obtain the SBV’s approval for increasing charter capital to VND 5,005 billion to enhance investment in technology, financial capacity and scale expansion.

VietABank has been honored with several national and international awards, such as: Improved ranking in Vietnam’s Top 500, Vietnam’s Most Sustainable Bank, Best Savings Product Bank.

03

2014

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2014

On August 18, 2014, State Bank of Vietnam issued the decision approving the relocation of VietABank’s head office from Ho Chi Minh City to Ha Noi.

In 2014, VietABank was honored with several renown awards: Vietnam’s Sustainable Enterprise for trustworthiness indicator, Vietnam’s Most Favorite Brand, Vietnam’s Top Brand, Best Performance Enterprise 2014, Renown Brand in the Pacific-Asia Economic Integration, etc.

04

2013

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2013

After 10 years of operation, VietABank set to new direction of “Innovation - Growth”, and this is also the year when VietABank performed restructuring and introduced new branding to the public.

After 10 years, VietABank had expanded its business to many provinces: Bac Lieu, An Giang, Binh Duong, the central area of Vietnam, and being awarded with several national and international awards in banking sector, such as: Vietnam’s Top Brands, Golden Globe, Outstanding Enterprise, International Payment Excellency, etc.

05

2011

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2011

During 2009-2011, VietABank increased its charter capital to VND 3,098 billion.

06

2008

2008

VietABank increased its charter capital to VND 1,340 billion, opened the Gold Trading Center and several agencies accepting gold trading orders in Da Nang, Can Tho and Hanoi.

On its 5th anniversary, VietABank was honored with several awards and prizes from renown organizations, including: Trusted Securities Brand, Vietnam’s Top Joint Stock Company, awarded by Credit Information Center of State Bank of Vietnam and D&B international credit information agency.

07

2006

2006

Invested in upgrading the information technology system, launching SmartBank system wide. Launched the gold trading on account operation and increased charter capital to VND 500.33 billion.

With its prominent strength in the area of finance, investment and trading of gold, VietABank was titled ‘the gold bank of every household’.

08

2004

2004

VietABank increased its charter capital to VND 190.4 billion and launched several new services, such as Phone Banking; inter-branch deposit and withdrawal, gold transfer, etc. Also in this year, Hoi An Branch and Hanoi Branch were opened.

09

2003

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2003

VietABank was established based on the merger of the two established financial institutions, namely: Sai Gon Financial Joint Stock Company and Da Nang Rural Joint Stock Commercial Bank. At the time, the bank’s charter capital increased from VND 71 billion to VND 115 billion.

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