Vietnam Joint Stock Commercial Bank for Industry and Trade 2023 AR2
The report highlights VietinBank's achievements in 2023, marking its 35th anniversary with total consolidated assets surpassing VND 2 quadrillion for the first time. The company successfully increased its charter capital to nearly VND 53.7 trillion and achieved a consolidated profit before tax of nearly VND 25 trillion, representing an 18.3% increase year-on-year. VietinBank launched its comprehensive digital transformation program, "Project X01," implementing 108 initiatives to enhance customer experience and operational efficiency. Additionally, the company advanced its sustainability commitment by establishing a Sustainable Finance Framework, which received a Second Party Opinion from Sustainalytics, and signing a memorandum of understanding with MUFG Bank to arrange up to USD 1 billion for sustainable projects.
Company: Vietnam Joint Stock Commercial Bank for Industry and Trade
Sector: Financials
Country: Vietnam
Year: 2023
Type: AR2
Pages: 188
Vietnam Joint Stock Commercial Bank for Industry and Trade
Annual Report
The report highlights VietinBank's achievements in 2023, marking its 35th anniversary with total consolidated assets surpassing VND 2 quadrillion for the first time. The company successfully increased its charter capital to nearly VND 53.7 trillion and achieved a consolidated profit before tax of nearly VND 25 trillion, representing an 18.3% increase year-on-year. VietinBank launched its comprehensive digital transformation program, "Project X01," implementing 108 initiatives to enhance customer experience and operational efficiency. Additionally, the company advanced its sustainability commitment by establishing a Sustainable Finance Framework, which received a Second Party Opinion from Sustainalytics, and signing a memorandum of understanding with MUFG Bank to arrange up to USD 1 billion for sustainable projects.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees