Joint Stock Commercial Bank for Foreign Trade of Vietnam 2021 AR2
The report highlights Vietcombank's outstanding performance in 2021, maintaining its leading position in Vietnam's banking industry despite COVID-19 challenges. The bank achieved a consolidated profit before tax of VND 27,389 billion, representing a 19% increase compared to 2020. Vietcombank prioritized social responsibility by committing nearly VND 723 billion to social security programs, including VND 381 billion for COVID-19 prevention. Additionally, the bank accelerated its digital transformation with initiatives like VCB Digibank and significantly increased its funding for green projects, with outstanding loans for green projects doubling compared to 2020.
Company: Joint Stock Commercial Bank for Foreign Trade of Vietnam
Sector: Financials
Country: Vietnam
Year: 2021
Type: AR2
Pages: 110
Joint Stock Commercial Bank for Foreign Trade of Vietnam
Annual Report
The report highlights Vietcombank's outstanding performance in 2021, maintaining its leading position in Vietnam's banking industry despite COVID-19 challenges. The bank achieved a consolidated profit before tax of VND 27,389 billion, representing a 19% increase compared to 2020. Vietcombank prioritized social responsibility by committing nearly VND 723 billion to social security programs, including VND 381 billion for COVID-19 prevention. Additionally, the bank accelerated its digital transformation with initiatives like VCB Digibank and significantly increased its funding for green projects, with outstanding loans for green projects doubling compared to 2020.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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