Indovina Bank: 35 years with the mission of bridging Vietnam and the region's finance

(Dan Tri) - In the context of deep integration, Indovina Bank Limited (IVB) stands out as one of the sustainable bridges between the global financial system and the Vietnamese market.

Financial joint venture represents international capital flow into Vietnam

In the strong integration process of the Vietnamese economy , the banking sector plays an irreplaceable role - both as a financial intermediary system and as a "bloodline infrastructure" that brings capital flows and international standards into the domestic economic life.

During more than 35 years of establishment and development, IVB has continuously affirmed its pioneering role as a prestigious joint venture bank, contributing to promoting the deep integration process and sustainable development of the Vietnamese finance and banking industry.

Established on November 21, 1990 with two current joint venture parties, Vietnam Joint Stock Commercial Bank for Industry and Trade ( VietinBank ) and Cathay United Bank (Taiwan, China), IVB is the first joint venture bank in Vietnam, marking an important turning point, opening a banking model that combines international standards and deep understanding of the local market.

The presence of IVB has opened up opportunities for FDI capital flows, with the appearance of joint venture banks and 100% foreign capital in the later opening stages. With the extensive experience of Cathay United Bank, IVB applies a global standard model of governance, risk control, and international payment.

At the same time, the companionship of VietinBank helps IVB localize its approach, gain in-depth understanding of the law, customer behavior and business environment in Vietnam.

IVB is proud of its 35 years of mission to bridge Vietnam and the region's finances (Photo: IVB).

This dual structure helps IVB become the choice for FDI enterprises when entering Vietnam, while still effectively serving individual and domestic corporate customers in key economic cities, creating trust for foreign investors and long-term companionship with Vietnamese customers.

With a harmonious and sustainable development strategy, by 2025, IVB will have developed a network of 14 branches, 19 transaction offices and 1 business center in major economic centers such as Hanoi , Ho Chi Minh City, Hai Phong, Da Nang and Can Tho.

Charter capital growth

From an initial capital of 10 million USD (1990), IVB increased its capital to 165 million USD in 2010, 193 million USD in 2018. By 2025, the bank had increased its charter capital more than 25 times compared to the time of establishment after 35 years of operation, reaching 252 million USD.

IVB's steady and steady capital increase roadmap is not only a mark of growth, affirming its strong financial potential, but also a long-term commitment of the two shareholders to a growing and deeply integrated market.

In the business sector, IVB has been recognized for 3 consecutive years as “Enterprise of Choice” and honored by SWIFT as “Outstanding Member - 30 years of companionship” for its smooth, safe and secure international payment capacity.

The year 2025 marks an important milestone when Indovina Bank Limited not only continues to be listed in the "Top 500 most profitable enterprises in Vietnam", but is also honored for the first time in the "Top 50 Vietnam Best Profitable enterprises".

In terms of human resources, IVB has continuously been in the “Top 100 Best Workplaces in Vietnam”, won the “HR Excellence 2025 - Workplace Wellbeing” award, demonstrating serious investment in human resources strategy and sustainable development. CSR activities are carried out regularly every year, affirming that IVB is not only an economic bridge but also a bridge of value for the community.

Winning the awards is a significant milestone on the occasion of IVB's 35th anniversary (Photo: IVB).

With 35 years of solid foundation, IVB is continuing to strengthen its role as the leading joint venture bank in Vietnam - connecting capital, standards and trust between Vietnam and the region.

On the occasion of its 35th anniversary, IVB is launching many incentive programs for individual and corporate customers as a thank you to the community for choosing IVB in Vietnam's financial integration journey.

See more promotional programs celebrating IVB's 35th anniversary: ​​https://www.indovinabank.com.vn/vi/news-event/chuc-mung-sinh-nhat-ivb-35-nam-tu-hao-dong-hanh-cung-phat-trien-ben-vung.

Source: https://dantri.com.vn/kinh-doanh/ngan-hang-indovina-35-nam-voi-su-menh-cau-noi-tai-chinh-viet-nam-va-khu-vuc-20251123223236938.htm