VietinBank - Domestic bank for international businesses
Báo điện tử VOV•20/09/2024
Recently, VietinBank was honored to receive the “Best Local Bank for FDI in Vietnam” and “Infrastructure Deal of the Year” awards for 3 consecutive years (2022, 2023, 2024). 2024 marked a new milestone when for the first time VietinBank received the “Best Local Bank for FDI in Vietnam ” award presented by Global Banking and Finance Review Magazine. Along with that, in Singapore, for the third consecutive time, VietinBank was awarded the “Infrastructure Deal of the Year” award at the Corporate and Investment Banking Awards of Asian Banking & Finance (ABF). This is a recognition of VietinBank's important role in financing the Bac Thach Ha Industrial Park Project implemented by VSIP Group, a joint venture between Sembcorp Development and Becamex IDC.
VietinBank received the award "Best domestic bank for FDI enterprises in Vietnam" The two major awards in 2024 are not only a recognition of VietinBank's efforts and commitment in accompanying FDI enterprises; but also affirm the Bank's role in promoting socio -economic development in Vietnam. With a comprehensive development strategy, VietinBank continues to affirm its position as a reliable and ideal partner for international investors in developing and expanding the market in Vietnam. Customer-centric and one-stop-shop
VietinBank is currently the bank with the largest scale and market share in transactions with FDI customers in Vietnam with over 7,000 customers (accounting for about 30% of the FDI customer market share in Vietnam) and the scale of capital financing and capital mobilization reaching nearly 11 billion USD. With a diverse customer base from many countries, VietinBank has established service groups for each country/territory to approach, care for and develop appropriate policies, products, services, solutions, and solution packages.
In addition, VietinBank implements the "one-stop-shop" strategy, focusing on a single point of contact to comprehensively serve all service and product needs for the customer ecosystem.
VietinBank awarded “Infrastructure Project Finance Deal of the Year”Financial strength in the international market With the support of a strong shareholder structure and the 11-year partnership of strategic partner MUFG Bank (nearly 20% of shares), VietinBank has established a solid position in supporting FDI enterprises in Vietnam through sharing international knowledge and experience. VietinBank's financial strength in the international market is also affirmed when it has been in the Top 2,000 largest enterprises in the world by Forbes Global for 12 consecutive years, and has been in the Top 200 most valuable banking brands in the world for 3 consecutive times (according to the latest announcement of Brand Finance Consulting Company in the Banking 500 - 2024 ranking report). VietinBank's stability and reputation are also demonstrated through positive assessments from international rating agencies such as Moody's, Fitch Ratings... Leading bank in financing "green" projects To date, VietinBank has had a large financing portfolio in the field of industrial infrastructure development with a credit scale of more than 2 billion USD for industrial and logistics real estate projects. In addition, VietinBank is a pioneer in developing the Sustainable Finance Framework (SFF) with ESG deposit products and green finance. At the same time, VietinBank is also the main lender to the largest urban industrial parks in the process of obtaining LEED certification and establishing independent rooftop solar power systems. Thereby, VietinBank proves to be the leading bank in the sustainable finance market in Vietnam with the goal of promoting ESG application and accompanying customers on the journey of converting to green energy use. Source: https://vov.vn/doanh-nghiep/vietinbank-ngan-hang-noi-dia-danh-cho-doanh-nghiep-quoc-te-post1122715.vov
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