On 18/11/2016, at Hilton Hotel (Hanoi), VIETNAM - RUSSIA JOINT VENTURE BANK (VRB) SOLEMNLY CELEBRATED ITS 10TH ANNIVERSARY.
Attending the ceremony, there were: - Mr. Konstantin V. Vnukov - Ambassador Extraordinary and Plenipotentiary of the Russian Federation in Vietnam with the economic counselors, heads of consulate, trade representatives and Guests from the Embassy of the Russian Federation, the Embassy of Republic of Belarus in Vietnam.
- Mr Le Kim Hoa - Deputy General Director of Bank for investment and development of Vietnam (BIDV)
- Mr. Le Ngoc Lam - Deputy General Director of Bank for investment and development of Vietnam (BIDV)
- Mr. Nguyen Thien Hoang - Deputy General Director of Bank for investment and development of Vietnam (BIDV)
There were all representatives of the BOD, leaders of departments/centers/branches of VRB, the former leader of VRB through periods, and VRB’s customers & partners.
The ceremony is an opportunity for VRB to review, evaluate a 10 year process of building and developing, and it is also an opportunity for VRB to show gratitude to all agencies and departments, the two parent banks VTB & BIDV, and customers & partners - who always support and go together with VRB during the time.
Opening the ceremony, Mr. Doan Minh Tien, General Director of VRB, reviewed the operation and development of VRB with remarkable results. 10 years ago, VRB was established with the mission to be a financial bridge between Vietnam and the Russian Federation, a symbol of potential cooperation in economic development between two countries. Over 10 years with many ups and downs, challenges but with the close, drastic directions, and comprehensive supports of the two parent banks, especially Bank for investment and development of Vietnam (BIDV), supports of the authorities, partner agencies, customers and the efforts of the whole system, VRB has completed the business plan in the first years, along with the process of economy and bank restructuring, VRB has implemented restructuring and achieved good results, was assessed as one of the best banks in restructuring by the State Bank of Vietnam; and these results are good bases for VRB to continue its mission in the next stage. With the mission of financial bridge, VRB will attempt to become the leading bank in serving SMEs and individual customers, especially, those in Eurasian Economic Union, the Russian Federation market and projects of Eurasian economic union in Vietnam as well as Vietnam's projects to invest in the Russian Federation. Besides, becoming the pioneer bank in digital technology is one of the most important targets of VRB in the development process.
(Opening speech of VRB's General Director Doan Minh Tien)
Speaking at the ceremony, Mr. Le Kim Hoa, Deputy General Director of BIDV sent the greatest congratulations to BOD, staffs of VRB and all guests. He acknowledged the achieved results of VRB in 10 years, and wished that VRB will always fulfil its missions, become a trustworthy & prestige partner in connecting trade between Vietnamese and other countries enterprises.
(Speech of Mr. Le Kim Hoa - Deputy General Director of BIDV)
At the ceremony, Mr. Chumakovskiy Sergey Olegovich, Chairman of VRB BOM, representative of the parent bank VTB highly appreciated achievements of VRB in the past 10 years. He expected the development of VRB in the next stage & wished VRB more and more grow and achieve success in its targets. In particular, he read his congratulatory letter of Mr. Skobelkin D.G - Deputy Governor of the Russian Central Bank on occasion of VRB 10th anniversary. He appreciated the important role of VRB in financing trade between Vietnam and the Russian Federation whichwas recognized many times by the Government as well as Central Banks of the two countries. Over many years, VRB has strengthened its position in the market of banking products. There have been many completed projects using the payment channel in domestic currency of two countries. Again, he asserted that VRB will continue to support the successful actualization common projects, enhance sustainability of finance and strengthen systems as well as the development of comprehensive strategic relationship between Vietnam - Russia.
Along with the solemn atmosphere of the ceremony, there were many exciting performances of artists and guests which expressed the culture exchange between Vietnam and the Russian Federation.
In addition, attenders also experienced the process of VRB’s establishment and development through the special sand painting. Another important point was that in the 10th year of operation, VRB's business has gotten impressive figures. Total assets reached VND 15,000 billion in 2016, total outstanding loans achieved VND 10,000 billion, total capital mobilized from the population and business entities reached VND 12,000 billion. These results showed the determination of VRB’s leadership and entire staffs to develop VRB faster, more effectively and firmly; always to be a prestigious bank of the partners and customers not only at present but also in the next stage.
