Vietnam International JSCB 2024 AR2
The report highlights Vietnam International Commercial Joint Stock Bank's (VIB) performance in 2024, marking the eighth year of its 10-year strategic transformation journey. VIB achieved significant growth with total assets reaching VND 493 trillion and total credit growing by 22% to VND 324 trillion, despite a 16% decrease in pre-tax profit to VND 9,004 billion due to long-term investments in digitalization and technology. The bank expanded its digital banking capabilities, with 97% of transactions conducted digitally, and grew its customer base to nearly 6 million. On the sustainability front, VIB contributed nearly VND 1,800 billion to the state budget, supported customers with interest rate reductions, and continued aligning its operations with international risk management standards like Basel III.
Company: Vietnam International JSCB
Sector: Finance & insurance
Country: Vietnam
Year: 2024
Type: AR2
Pages: 105
Back to company
Vietnam International JSCB
Annual Report
The report highlights Vietnam International Commercial Joint Stock Bank's (VIB) performance in 2024, marking the eighth year of its 10-year strategic transformation journey. VIB achieved significant growth with total assets reaching VND 493 trillion and total credit growing by 22% to VND 324 trillion, despite a 16% decrease in pre-tax profit to VND 9,004 billion due to long-term investments in digitalization and technology. The bank expanded its digital banking capabilities, with 97% of transactions conducted digitally, and grew its customer base to nearly 6 million. On the sustainability front, VIB contributed nearly VND 1,800 billion to the state budget, supported customers with interest rate reductions, and continued aligning its operations with international risk management standards like Basel III.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees