Comrade Tran Minh Binh - Member of the Executive Committee of the Party Committee of the Central Business Bloc, Secretary of the Party Committee, Chairman of the Board of Directors of VietinBank, delivered the opening speech at the Conference - Photo: XN
Comrade Tran Kien Cuong - Standing Deputy Secretary of the Party Committee, presented the Report summarizing the Party's work in 2024. Photo: XN
The Party Committee of the Central Business Bloc presents decisions on personnel matters - Photo: XN
Within the framework of the Conference, the Party Committee of the Central State-Owned Enterprises Bloc awarded the Decision appointing additional members to the Party Committee, the Decision approving the Standing Committee members, and the Decision approving the members of the Inspection Committee and the Chairman of the Inspection Committee of the Party Committee of VietinBank for the 2020-2025 term. A period of growth : Leveraging its role as a large state-owned commercial bank, VietinBank has pioneered the implementation of directives and orientations from the Party, Government, and the State Bank of Vietnam (SBV) in managing monetary policy, stabilizing exchange rates and interest rates, controlling inflation, reducing operating costs, creating conditions for further reductions in lending interest rates, and supporting economic recovery and growth. Many solutions to promote business according to key priorities and remove bottlenecks in mechanisms and policies have been decisively implemented by VietinBank to improve operational efficiency; effectively carrying out the business plan assigned by the General Meeting of Shareholders and the SBV. In addition, VietinBank is also one of the units selected by the State Bank of Vietnam to implement timely and effective support for stabilizing gold prices.
Comrade Nguyen Tran Manh Trung - Deputy Secretary of the Party Committee, Member of the Board of Directors and General Director of VietinBank, presented the report summarizing business activities in 2024 and outlining business tasks for 2025. Photo: XN
With unwavering determination and outstanding efforts, VietinBank's business operations achieved and surpassed the 2024 plan targets with impressive growth: - VietinBank's total assets increased by 17%; revenue grew positively, and profits met and exceeded the set plan. - Significant shift in income structure: Non-interest income contributed nearly 27% of total operating income, driven primarily by core operations including guarantee fees and payment services; with guarantee fees leading the market growth rate (reaching 35%). - Credit outstanding increased by 16.88% compared to 2023, higher than the average growth rate of the entire banking industry and maintaining stable growth throughout the year. - Total mobilized capital reached VND 1.8 million billion, a 15% increase compared to the end of 2023. CASA (Current Account Savings Account) scale experienced a breakthrough growth of 30% compared to the 2023 average. The CASA ratio reached 24.1% by the end of 2024, supporting improved capital costs and enhancing VietinBank's competitiveness. - Contributed VND 8.6 trillion to the State budget, a 33% increase compared to 2023, consistently ranking among the Top 10 enterprises contributing the most to the State budget. Focusing all resources on implementing the Digital Transformation Program, VietinBank completed a crucial "launching" phase in 2024 with 45 prioritized initiatives. The establishment of the Digital Factory in June 2024 became a key highlight, applying the Agile working method to shorten product and service delivery times and ensure continuous improvement, providing optimal customer experience. Upholding the spirit of sharing, VietinBank has dedicated significant resources to social welfare activities, bringing positive values to society and the community. Accordingly, VietinBank has allocated over 500 billion VND to social welfare programs, poverty reduction, and acts of gratitude and remembrance in all 63 provinces and cities nationwide.
Overview of the Conference - Photo: XN
Entering the " Era of National Resilience," VietinBank has identified nine key tasks in its business operations. Simultaneously, VietinBank continues to aggressively implement measures to promote business activities, closely following the direction and guidance of the Government and the State Bank of Vietnam, as well as market developments, while simultaneously implementing policies to support people and businesses. At the conference, the leaders of the Party Committee of the Central Business Bloc and the State Bank of Vietnam acknowledged, highly appreciated, and commended the achievements of the VietinBank Party Committee in 2024. The leaders of the Party Committee of the Central Business Bloc and the State Bank of Vietnam requested VietinBank to continue to leverage its role as a state-owned commercial bank, effectively leading the market; thereby, exceeding the business plan set for 2025. Responding to the directives from the Party Committee of the Central Business Bloc and the State Bank of Vietnam, Comrade Tran Minh Binh - Member of the Executive Committee of the Party Committee of the Central Business Bloc, Secretary of the Party Committee, and Chairman of the Board of Directors of VietinBank - affirmed: The Party Committee of VietinBank will continue to strive and build upon the achievements already made; closely follow and fully and seriously implement the policies and directives of the Central Committee, the Party Committee of the Central Business Bloc, and the State Bank of Vietnam in carrying out all aspects of activities to build a "clean, strong, and comprehensive Party Committee," with the key task in 2025 being to successfully organize the 11th Congress of the Party Committee of VietinBank, term 2025-2030. At the same time, VietinBank hopes to receive the support of all levels, sectors, agencies, partners, and customers, along with the high level of effort and focus of the entire system, so that VietinBank can continue to develop and achieve even more success in 2025 and the following years. 2025 is a significant milestone , affirming a VietinBank that is innovative, creative, customer-centric, and always ready to adapt to lead , opening up opportunities for sustainable development and soaring with the country into a new era - "The era of national progress".





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