Bank for Foreign Trade of Vietnam

Bank for Foreign Trade of Vietnam

 Established on April 1st, 1963, and advanced to equitization in June 02nd, 2008, Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) is classified by the State as one of 23 special corporations.

The Bank has positioned itself as the mainstay of Vietnam banking system with its long-standing prestige in wholesale banking, treasury, trade finance, international settlement and application of advanced banking technologies.

VCP also adopts modern corporate governance practices, expands and upgrades its network of branches and transaction offices. To date, the Bank’s network has reached to several provinces and business fields, including: 01 Transaction Center, 72 branches and 292 transaction offices nationwide; 15 local subsidiaries and 5 Joint-Ventures;

VCB’s operations have been supported by the largest correspondent network among Vietnamese banks with more than 1,300 correspondent banks in over 90 countries and territories. Apart from its business operations, VCB is one of the first members of the Vietnam Bankers Association and plays an active role in many other professional associations including the Asian Bankers Association and the Asean Pacific Bankers Club