Vietinbank leads Vietnamese banks in Top 1000 World Banks 2017

7/14/2017 - 3:55:43 PM

Vietinbank holds the highest position among Vietnamese banks listed in the Top 1000 World Banks 2017 recently announced by TheBanker, the global financial intelligence agency since 1926.

VietinBank is ranked 376th by TheBanker, up six places compared to the previous ranking in 2016.

TheBanker's rating is based on three key criteria including total assets, pre-tax profits and tier 1 capital.

VietinBank is ranked 376th by TheBanker, up six places compared to the previous ranking in 2016.

Vietnam has a total 13 commercial banks listed in the Top 1000 World Banks in 2017 including VietinBank, Agribank, Vietcombank, BIDV, Military Bank, Sacombank, Techcombank, SCB, Maritime Bank, Vietnam Prosperity Bank, Vietnam Eximbank, ACB and SHB.

VietinBank has been named in the world rankings many times, including six consecutive years in the Forbes Global 2000, a comprehensive annual ranking of the world’s largest public companies.

Brand Finance also estimated Vietinbank's brand value at US$252 million with the brand’s strength given an A+ rating.

VietinBank is now the most effective commercial bank in Vietnam with the largest chartered capital and the best asset quality.

TheBanker's Top 1000 World Banks 2017 did not see much change from that of 2016. The Top 10 features four Chinese banks and four US banks namely ICBC, China Construction Bank, JP Morgan Chase & Co, Bank of China, Bank of America, Agricultural Bank of China, Citigroup, Wells Fargo & Co, HSBC Holdings, and Mitsubishi UFJ Financial Group.

Source: NDO

Hoa Binh on track to exceed socio-economic targets

Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.

Hoa Binh makes efforts to develop infrastructure in industrial clusters

Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.

Banks offer credit support to victims of typhoon Yagi

Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.

Party member brings Muong Vang turmeric starch far and wide

Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.

Fair to display and introduce typical products of ethnic minority and mountainous areas

In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.

Farmers enjoy good harvest, good prices of Cao Phong orange

Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.