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HISTORY OF VIETINBANK

INCORPORATION AND DEVELOPMENT

Date of Incorporation:

VietinBank was established on 26th March 1988 after its separation from the State Bank of Vietnam in accordance with Decree no.53/HDBT by the Ministers Council.

Listing:

VietinBank stock has been officially traded on Ho Chi Minh City Stock Exchange (HOSE) since 16th July 2009.

  • Type of share: Ordinary shares
  • Securities Code: CTG
  • Par value per share: VND 10,000
  • Total number of shares: 3,723,404,556 shares (as of 31st December 2017)

29 years of incorporation and development:

Phase I: 1988 - 2000

Established and transformed from a one-tier into a two-tier bank, officially put Vietnam JSC Bank for Industry and Trade into operation.

Phase II: 2001 - 2008

Successfully implemented the organizational restructuring project, targeting debts handling, organization model, general policies & mechanisms and business operations.

Phase III: 2009 to present

Successfully equitized and conducted a complete system innovation towards modernization and standardization in all aspects of banking activities. Converted organization model and corporate governance in accordance with international standards and practices.