VietinBank Insurance increases charter capital to over 1,000 billion VND

According to Adjustment License No. 21/GPDC35/KDBH issued by the Ministry of Finance on July 30, 2025, VietinBank Insurance (VBI) has been approved by the Ministry of Finance to increase its charter capital to VND 1,013,916,570,000.

VBI is currently one of the 7 leading non-life insurance companies in terms of premium revenue; and is also voted in the Top 3 most prestigious insurers in the market.

Over the past 5 years, VBI has recorded impressive growth rates. The Company's insurance premium revenue increased from VND 2.2 trillion in 2020 to VND 4.4 trillion in 2024; the average growth rate reached 17%/year - higher than the general growth rate of the market. VBI's average pre-tax profit growth in the period 2020 - 2024 also reached over 30%/year. Especially in the years 2023 - 2024, VBI is among the few enterprises maintaining positive growth momentum, in the context of the insurance market facing many challenges.

VBI increased charter capital to 1,013,916,570,000 VND

In the first 6 months of 2025, VBI recorded revenue of more than VND 2,200 billion - an increase of 11.5% over the same period. The company also achieved many important milestones: Top 3 Most Prestigious Non-Life Insurance Companies in Vietnam 2025 announced by Vietnam Report; Insurance company with excellent digital insurance initiatives at Insurance Asia Awards 2025 - The most prestigious award system in the Insurance Industry in the Asia - Pacific region...

The successful increase in charter capital is an important step to help VBI continue to affirm and enhance its reputation and position in terms of financial capacity; at the same time, increase the competitiveness of the enterprise in the domestic and international markets.

Source : https://www.vietinbank.vn/vi/tin-tuc/tin-tuc-va-su-kien/bao-hiem-vietinbank-tang-von-dieu-le-len-hon-1-000-ty-dong-20250828074930-00-html