The Central Bank of Vietnam was established in 1961. The State Bank of Vietnam is the country’s central bank of Vietnam. The bank is responsible for overseeing all banking organizations and banks in Vietnam to ensure issuing currency, maintaining price stability and local currency monetary laws and policies.
The key functions of the Government-owned Bank of Vietnam are:
- Supervise the issuance of banknotes
- Maintain currency reserves
- Ensure currency stability
- Manage money and credit system in Vietnam
- Formulate, implement and supervise monetary policy
- Arranging the circulation of banknotes and coins
- Control foreign exchange
- Acting as the banker’s bank
Read Also: List of all Banks in Cambodia
The State Bank of Vietnam
At a glance The State Bank of Vietnam information
Headquarters: Hanoi, Vietnam
Established: 6 May 1951
Ownership: 100% state ownership
Governor: Lê Minh Hưng
Central bank of Vietnam
Currency: Vietnamese đồng
Reserves: 27 880 million USD
List of All Banks in Vietnam
- Bank for Investment and Development of Vietnam (BIDV)
- Military Bank
- Saigon Commercial Bank (SCB)
- Maritime Bank
- VP Bank
For those considering a career banking sector in Vietnam, this is the best list of Vietnam’s top banks is a useful guide on where to start. To get more information, please refer to our list of financial institutions in Vietnam.
VietinBank The bank was established in 1988 and its headquarters is located in the capital city Hanoi. The bank has approximately 22000 employees are serving through 157 branches across the country. The bank also has a foreign representative center, one business economic center, five cash management centers. The bank provides retail and corporate services and commercial banking services to its customers.
Agribank The bank is one of the leading, biggest and government-owned Agricultural Bank in Vietnam. Agribank was Established in 1988 and its headquarters is situated in Hanoi. There are approximately more than 40,000 employees are serving the customers through 2300 branches and 2500 ATM machines. The bank is completely a professional bank and serving several types of transactions. Agribank serving at least 13 million customers through 200 products.
Vietcombank The bank started its activities in 2002 and its headquarters is situated in Hanoi. There are approximately 15,000 employees are serving the customers and control 101 branches and 395 transaction offices. The bank is a commercial bank occupied with foreign business.
Bank for Investment and Development of Vietnam (BIDV) The bank was established in 1999 and is headquartered in Hanoi. The bank is responsible for overseeing 191 local branches, Myanmar branches and 815 transaction offices, and employs approximately 25,000 employees.
Military Bank Military Bank was founded in 1994 which headquarter is located in Hanoi, Vietnam. The bank has approximately 10,600 employees are serving through 91 branches and 176 transaction offices. The bank has also a representative office in another country.
Techcombank Techcombank was established in 1993 and its headquarters is located in Hanoi. The bank has approximately 8,800 employees are serving the customers and controls 312 transaction offices and two representative offices. The bank also provides corporate financing and personal investment consulting services and investment banking services to its customers.
Maritime Bank The Bank was established in 1991 and the company headquarters is in Hanoi. Maritime Bank presently operates 230 branches across the country. The bank main business includes short-term deposit certificates and payment deposits, local and international remittance services and regular banking services.
VP Bank The bank was established in 1993. VP Bank serves its customers through 51 branches and 163 trading offices. The bank provides short, medium and long term loan services, foreign exchange services.
SHB Saigon-Hanoi Commercial Joint Stock Bank (SHB) Saigon-Hanoi (SHB) is a Commercial Bank and is headquartered in Ho Chi Minh City and is one of the biggest banks in Vietnam. SHB was established in 1993 and has approximately 6,500 employees serving the customers. The bank monitors 53 branches and 232 trading offices in Vietnam, one branch in Laos and four branches in Cambodia.
Saigon Commercial Bank (SCB) Saigon Commercial Bank headquarters is in Ho Chi Minh City and the bank was established in 1012. The bank serves corporate and personal banking services to its customers.
These are the best and selected banks in Vietnam. You can visit the site to get information. All links and information are updated herewith.