VIB marks 30 years with significant asset growth

VIB has marked 30 years of operations, evolving from a small institution with 50 billion VND in charter capital and 23 employees in 1996 to one of Vietnam’s leading commercial joint-stock banks. Between 2016 and 2026, the bank’s total assets grew more than 5.5 times, rising from 104,517 billion VND to over 580,000 billion VND, representing an average annual growth rate of nearly 20%.

The bank has focused on international management standards and risk control. In 2018, VIB was among the first two banks recognized by the State Bank of Vietnam for meeting Basel II standards, completing all three pillars of Basel II a year later. By 2026, the bank has implemented the Basel III capital calculation and management framework using the standardized approach.