NEWS

BRANCH BANKING | Cesar Tordesillas, Vietnam
Published: 07 Feb 12
777 views


VietinBank penetrates Lao market

VietinBank penetrates Lao market

VietinBank offically opened a branch in the Lao People’s Democratic Republic.

 

The bank's Lao operations will be headquartered at No. 029 KhounBoulom Street – Vatchan, Chanthabouly District, Vientiane, the Lao PDR.

VietinBank’s branch opening in the Lao PDR is part of the lender’s strategic development plan in major and key economic areas within countries and territories that are potential to develop trade relationship and economic cooperation with Vietnam.

With its presence in Vientiane, VietinBank will serve as a bridge to provide capital, banking services and support Vietnamese enterprises in promoting their business in the Lao PDR, enhance trade and economic cooperation between Vietnam and the Lao PDR, offer a full range of products.

Sign up for our weekly newsletter

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

Tags: Lao branch, bank expansion, Vietnam banks

TOP NEWS
China needs more banking reforms
China needs more banking reforms The government again goes to bat for small businessmen. Zhou Xiaochuan, Governor of the People’s Bank of China, the central bank, said the banking and finance sector should initiate reforms that serve the real economy so more direct financing can be provided to small- and micro-sized companies and cultural industry enterprises.
Commonwealth Bank posts lower than expected $1.69B Q1 profit
Bank Simpanan posts $332M net income
Hong Leong ups Q3 earnings by 49%
Demand for loans remains weak for Chinese banks
ANZ to triple investments in China
HSBC to maximize opportunities in Malaysia
Mobile banking on the move in Indonesia
Allahabad Bank to boost Hong Kong operations
Exim Bank Malaysia to disburse $486M in loans
OTHER BRANCH BANKING NEWS
ANZ to triple investments in China
ANZ to triple investments in China Australia & New Zealand Banking Group Ltd. (ANZ) will triple the size of its banking network in China.
HSBC China opens Harbin branch
Allahabad Bank to boost Hong Kong operations
China’s largest bank makes history in the USA
More liberal ownership climate a boon for Credit Suisse