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Throughout the 1980s, Xiong Xianghui served as CITIC vice chair and significant CITIC leadership was drawn from the Intelligence Bureau of the Joint Staff Department. [10] CITIC Group headquarters was based in Beijing; Hong Kong office was formally opened in 1985. [9] The Mainland-based CITIC Bank was founded by the group in 1984. [9]
BIDV was established on 26 April 1957 as the Bank for Construction of Vietnam (Ngân hàng Kiến thiết Việt Nam), under which name it operated until 24 June 1981, at which point it changed its name to the Bank for Investment and Construction of Vietnam (Ngân hàng Đầu tư và Xây dựng Việt Nam). It adopted its present name on 14 ...
Citibank first opened a branch in Vietnam prior to 1975. [9] [10] In 1993, Citi returned to Vietnam and established a representative office in Hanoi. [11] [12] A year later, Citi became the first U.S. financial institution to be granted a license to open a full-service branch in Hanoi. [13] [14] [15] In 1998, Citi opened a second branch in Ho ...
MB Bank was established on November 4th, 1994, with initial charter capital of 500 billion VND. [6] [7] In 2000, MB Bank established Thang Long Securities Company Limited (now Military Commercial Joint Stock Bank Securities Corporation - MBS) and Military Commercial Joint Stock Bank's Debt Management and Asset Exploitation Company (MBAMC).
CBV Vietnam bond Indexes, renamed as Vietnam Bond Indexes since 2009, is the first and the currently the only index family of the Vietnam listed bond market. The indexes family contains one composite index, CBV Vietnam Bond Composite Index, and its 15 sub-indices, which includes four bond indices to track bonds in the emerging Vietnamese bond market.
Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB (Vietnamese: Ngân hàng Thương mại cổ phần Sài Gòn), [3] is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City.
In 2018, OCB was recognized by the State Bank of Vietnam for successfully completing the implementation of Basel II. Basel II is an international set of standards for bank risk management. [20] [21] In January 2020, Aozora Bank of Japan purchased a 15% stake in OCB. [22] In 2021, OCB was officially listed on the Ho Chi Minh City Stock Exchange ...
Created by Hanoi Stock Exchange, [2] Vietnam Bond Indexes have following structure: [3]. The Bond-Index is built based on treasury bonds, which account for 71 percent of the total value of listed Government bonds and are low-risk commodities, serving as a base for investors to assess other bonds in the market.