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Home Credit Vietnam was founded in 2008. [29] [30] [31] Over the past 15 years, Home Credit has expanded its network throughout the country, serving over 15 million customers. [32] [33] According to the 2022 financial report, Home Credit Vietnam's revenue reached VND 1,189 trillion, nearly double that of 2021.
Vietcombank Financial Leasing Company Limited 100% Financial leasing: 2 Vietcombank Securities Company Limited 100% Investment banking: 3 Vietcombank Tower 198 Company Limited 70% Real estate: 4 Vietnam Finance Company Limited 100% Financial services 5 Vietcombank Laos 100% Commercial banking: 6 Vietcombank Money Incorporated 75% Money transfer 7
There are currently 49 banks in Vietnam, including the following banks: State Bank, joint stock commercial banks, joint venture banks, foreign bank branches in Vietnam and 100% foreign-owned banks. This list is incomplete ; you can help by adding missing items .
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnamese: Ngân hàng Thương mại Cổ phần Công thương Việt Nam), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management .
Bao Viet Insurance Ltd. (100% owned by BVH [4]) is the company originally set up under the name Bao Viet in 1965. It offers a variety of insurance products to personal customers (health, travel, motor vehicle, accident insurance) and corporate customers (cargo, aviation, oil and gas, motor vehicle, liability insurance etc.).
Home Bank is a private retail bank headquartered in Moscow. It was registered by the Bank of Russia in 1992 under the name Innovation Bank "Technopolis". In 2002, after the acquisition of 100% share by the international group Home Credit, the bank began to work under the name of LLC "HCF Bank" (ХКФ банк).
Techcombank (TCB) was founded in 1993 [4] by Vietnamese businessmen who returned from Russia.Its domestic investors include Vietnam Airlines [5] and Masan Group. [6] In 2005, global bank HSBC acquired a 10% stake in Techcombank.
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