Largest Banks in Vietnam

The top largest banks of Vietnam include Vietcombank, Agribank, Techcombank, Bank for Investment and Development of Vietnam (BIDV), among others.

The Vietnam Bank for Agriculture and Rural Development (Agribank) is the top leading commercial bank in the country, holding the dominant role in the economic development of Vietnam, particularly in the investment for agriculture, farmers, and rural areas. It is the biggest bank in Vietnam in terms of assets, number of staff, branch network, and customer base.

Vietcombank (VCB) is the oldest commercial bank for external affairs in Vietnam. It is the first bank in the country having centralised capital management structure. VCB is also the first commercial bank to issue and pay international credit card Visa and MasterCard and being the largest agent for card payment in Vietnam.

VCB was awarded by “The Banker”, a reputable banking magazine in UK international financial circle, as “the Best Bank of Vietnam in 2000, 2001, 2002, 2003 and 2004.

Techcombank is the joint stock bank with the largest network in Hanoi. It received the award of “the most satisfied service in 2008” voted by readers of Sai Gon Tiep Thi magazines in February 2008. On 19 October 2008, Techcombank received the award “reputed securities trademarks and the top Joint stock company of Vietnam” given by securities committee.

Techcombank is the first financial institution in the country to adopt an automated front- and middle-office treasury solution, using TOMS for trade entry, position keeping and risk management needs across various asset classes.

Bank for Investment and Development of Vietnam (BIDV) is the first to be established among four largest State-owned Commercial Banks in the country and it is a special State-owned enterprise organized as a State General Corporation. BIDV provides a comprehensive range of currency, credit , banking and non-banking services, and acts as authorized agency funding projects with sources from domestic and international financial institutions.

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