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Vietnam International Commercial Joint Stock Bank (VIB)

Vietnam International Commercial Joint Stock Bank (VIB)

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Deputy CEO of VIB: "We aim to empower customers to maximize the value of their cash flow."

Personal finance is not just an individual concern; it directly influences the economy’s performance. When cash flow remains active and optimized, it benefits customers while fueling robust economic growth.

VIB launches Super Yield account to optimise idle cash flow

On February 17, the Vietnam International Bank (VIB) officially launched the Super Yield account on its MyVIB digital banking platform with the message “Awakening the idle cash flow.”

PM directs submitting draft law on bad debt settlement to NA in May

The settlement of bad debts must be developed into a draft law and submitted to the National Assembly (NA) in May 2025 for consideration and approval.

Four banks to hold shareholders' meetings in February and March

The four – Nam A Bank, VIB, Vietcombank and Eximbank – are preparing to hold their shareholders' meetings in February and March 2025.

VIB becomes Việt Nam’s first bank to offer AWS-powered Gen AI on mobile banking

Việt Nam International Bank (VIB), one of the leading retail banks, announced it is transforming the user experience on its MyVIB digital banking platform with the launch of the new ViePro generative artificial intelligence (Generative AI)-powered assistant.

Five banks qualify for year-end credit room expansion

Five banks, including Vietinbank, ACB, VIB, Techcombank and MSB, have qualified for the credit room expansion in the last time of this year

VIB becomes first bank to launch online credit card issuance via VNeID

VIB has become the first bank to utilise information from an electronic identification and authentication system (VNeID) to issue credit cards online starting from October 17, 2024.

Debt recovery methods to be cleaned up

Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.

Low lending rates may boost credit growth

A slight increase in deposits recently has not affected lending rates, which banks are keeping low in hopes of facilitating the flow of credit.

Larger lenders in good growth stead

Despite uncertainties in the banking sector, investment opportunities remain, especially for larger banks with stronger credit growth and those with close ties to real estate developers.

14 banks are systemically important in 2024

The State Bank of Vietnam (SBV) has issued the Decision No. 538/QD-NHNN approving the group of credit institutions and foreign bank branches which play an important role in the country's banking system in 2024.

VIB offers unlimited promotions for customers to celebrate 27 years of establishment

With a consistent customer-centric strategy for digitalisation and digital transformation, VIB has pioneered many new technologies and developed value chains to bring customers better experiences.

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