Timeline of Establishment & Development:
Ban Viet Commercial Joint Stock Bank (hereinafter referred to as Ban Viet Bank), formerly known as Gia Dinh Joint Stock Commercial Bank, was established and operated under license No. 0025/NH-GP dated August 22, 1992 issued by the Governor of the State Bank and license No. 576/GP-UB dated October 8, 1992 by the People's Committee of Ho Chi Minh City. level.
1994 - 2005: The period of overcoming difficulties and consolidating
- BVB gradually overcame difficulties, gradually stabilized and developed in the period from 1994-2005
- Financial capacity is increasingly improved with charter capital increasing to 80 billion VND.
- Network: 05 transaction points (01 Head office, 02 Branches, 02 Transaction Offices).
Year 2006: Development began
- Increase charter capital to 210 billion VND.
- Network: 06 transaction points (01 Head office, 02 Branches, 03 Transaction Offices).
- Inauguration of headquarters at 135 Phan Dang Luu, Phu Nhuan District, Ho Chi Minh City.
- Ranked 19/29 commercial banks nationwide in terms of readiness for information technology development and application by the Vietnam Information Technology Association.
2007: Continued directional development.
- Increase charter capital to 444,623 billion VND.
- Network: 11 transaction points (01 Head Office, 05 Branches, 05 Transaction Offices).
- Signed an investment agreement and strategic cooperation agreement with the Bank for Foreign Trade of Vietnam (Vietcombank), whereby Vietcombank always maintains a 30% equity ownership ratio and becomes the sole strategic shareholder of Ban Viet Bank, along with commitments to comprehensive support to make Ban Viet Bank a highly competitive commercial bank in Vietnam.
- Expand network of operations in major cities of the Northern, Southern, Western and Central Highlands regions.
2008 - 2009: Maintaining stable growth
- On February 14, 2008, the Bank increased its charter capital from VND 444,623 billion to VND 500 billion according to the 11th amended Business Registration Certificate No. 059036 dated February 14, 2008 of the Department of Planning and Investment of Ho Chi Minh City, and the State Securities Commission's Approval Certificate No. 218/UBCK-GCN dated November 20, 2007 and Approval Letter of the State Bank of Vietnam - Ho Chi Minh City Branch No. 1201/NHNN-HCM02 dated August 9, 2007.
- On December 18, 2008, the Bank increased its charter capital from VND 500 billion to VND 1,000 billion according to the 15th amended Business Registration Certificate No. 059036 dated December 30, 2008 of the Department of Planning and Investment of Ho Chi Minh City, and the State Securities Commission's Approval Certificate No. 352/UBCK-GCN dated November 7, 2008 and Approval Letter of the State Bank of Vietnam - Ho Chi Minh City Branch No. 1774/NHNN-HCM02 dated October 6, 2008.
2010: Stabilizing personnel and promoting strengths
- Implementing the Resolution of the General Meeting of Shareholders and the Government's regulations, BVB completed its charter capital of VND 2,000 billion in November 2010 with the capital contribution of new shareholders.
- 2011: Completing basic CO development steps, improving competitiveness
- Completed the plan to increase charter capital from VND 2,000 billion to VND 3,000 billion in the third quarter, and will continue to increase capital according to regulations of the State Bank of Vietnam. Focus on investment and network development, strive to add 25-30 new transaction points in potential markets throughout the country, bringing the total number of transaction points to 60.
- In addition, gradually standardize business processes, focusing on prevention and risk management.
Year 2012-2013
- The turning point of the Bank with the change of name from Gia Dinh Commercial Joint Stock Bank to Viet Capital Commercial Joint Stock Bank - Viet Capital Bank.
- Charter capital 3,000 billion VND.
- The operating network continues to grow strongly with 39 transaction points including: 01 Head Office, 17 Branches, 20 Transaction Offices and 01 Savings Fund.
- 2013 was the year that marked BVB's strong developments. Typically, the successful operation of the Core Banking system brings many superior features to the management operating system and enhances competitiveness in the age of technology, expanding online banking with the Mobile Banking project; joining the international card alliance Visa, Master Card,...
Year 2014-2015
- Launching Viet Capital Mobile Banking application.
- Signed a cooperation agreement to develop Anti-Money Laundering solutions with Komtek Joint Stock Company and FircoSoft.
Year 2016
- Implementing development strategy for the period 2016 - 2020
- Launching Viet Capital Visa international credit card with 3D technology
Year 2018, 2019:
- Charter capital increased: VND 3,171 billion. Opened 4 new branches and 19 transaction offices
Business Sectors:
- Mobilize short-term, medium-term, and long-term capital in the form of term deposits, demand deposits, certificates of deposit;
- Receive investment and development capital, borrow capital from other credit institutions;`
- Short, medium and long-term loans; Factoring activities; bank guarantee;
- Discounting commercial papers, bonds and valuable papers;
- Providing payment services between customers; trading foreign currencies, gold and silver, international payments, mobilizing capital from abroad and other banking services in relations with foreign countries when permitted by the State Bank;
- Pawn service;
- Issuing credit cards and bank cards;
- Buy and sell Government bonds; buying and selling corporate bonds for the purpose of profiting from the difference and investment purposes in accordance with relevant laws and guidance from the State Bank;
- Entrust, receive entrusted loans;
- ...
Address: 412 Nguyen Thi Minh Khai, Ward 5, District 3, Ho Chi Minh City
Phone: Hotline: 1900 555 596 Fax: (84-8) 6263 8668
Disclosure Officer:
Website: https://www.vietcapitalbank.com.vn