Joint Stock Commercial Bank for Foreign Trade of Vietnam 2020 AR2
The report highlights Vietcombank's performance in 2020, during which it successfully achieved its dual goals of managing pandemic impacts and maintaining business efficiency. The bank achieved a credit growth of 14% and maintained the lowest non-performing loan ratio in the market at 0.62%. It also launched key digital initiatives, including the Core Banking Signature system and VCB Digibank. Additionally, Vietcombank contributed nearly VND 8,689 billion to the State budget and committed nearly VND 386.5 billion to social security activities.
Company: Joint Stock Commercial Bank for Foreign Trade of Vietnam
Sector: Financials
Country: Vietnam
Year: 2020
Type: AR2
Pages: 111
Joint Stock Commercial Bank for Foreign Trade of Vietnam
Annual Report
The report highlights Vietcombank's performance in 2020, during which it successfully achieved its dual goals of managing pandemic impacts and maintaining business efficiency. The bank achieved a credit growth of 14% and maintained the lowest non-performing loan ratio in the market at 0.62%. It also launched key digital initiatives, including the Core Banking Signature system and VCB Digibank. Additionally, Vietcombank contributed nearly VND 8,689 billion to the State budget and committed nearly VND 386.5 billion to social security activities.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees