VIETNAM - RUSSIA JOINT VENTURE BANK: 16 YEARS GO BEYOND
“16 years for a person's life or an organization is an important milestone - a milestone of youth, enthusiasm, bravery and not afraid of challenges to develop and succeed" - Mr. Doan Minh Tien - General Manager Director of Vietnam - Russia Joint Venture Bank (VRB) shared.
On November 19, 2022 in Nha Trang, VRB solemnly held the 16th Anniversary of the Bank's establishment, marking the way of constantly reaching out to fulfill its mission of being a bridge to promote trade cooperation. Trade and investment between the two countries Vietnam - Russia and is a dedicated and reliable companion of all customers on the way to success.
Attending the Ceremony were Mr. Do Trong Thao - Executive Vice President of the State Bank of Khanh Hoa Province, partner businesses, loyal customers and VRB staff.
Starting with a charter capital of only 10 million USD in 2006, after only 5 years of establishment, VRB has rapidly increased the bank's charter capital to 168.5 million USD. With its Head Office in Hanoi, VRB is constantly expanding its scale and improving service quality, bringing the brand name of a prestigious joint-venture bank to all key provinces and cities across the country. So far, VRB has been present in Hanoi, Ho Chi Minh City, Hai Phong, Da Nang, Khanh Hoa, Vung Tau with a network of 20 branches and transaction offices; VRB's personnel scale is up to more than 500 people.
Mr. Chumakovskiy Sergey – Chairman of VRB Member Council spoke at the ceremon
Speaking at the ceremony, Mr. Chumakovskiy Sergey - Chairman of VRB's Board of Members expressed his gratitude for the help, concern and close guidance of the Central Banks of the two countries, Vietnam and the Federation as well as the two central banks. parent banks BIDV and VTB have devoted themselves to VRB during the past. It is expected that by the end of 2022, VRB's total assets, capital mobilization scale, loan balance, and pre-tax profit will all achieve impressive growth compared to the first day of establishment. Business activities have been strongly transformed in the direction of providing multi-services, VRB's products are constantly innovating and perfecting to meet the comprehensive needs of multiple customer groups.
According to Mr. Ivanov Sergey - Deputy General Director of VRB, VRB is proud to have done well its role as a dedicated and reliable companion of customers in every journey, whether favorable or difficult. Typically, before the heavy and comprehensive effects of the Covid-19 pandemic, VRB promptly and effectively implemented a series of customer support solutions to stabilize production and business such as: principal and interest; Reduce loan interest rates; Exemption and reduction of many service fee items…
From left to right: Mr. Doan Minh Tien - General Director of VRB, Mr. Nguyen Manh - Vice Chairman of VRB Board of Members, Mr. Do Trong Thao - Deputy CEO of State Bank of Khanh Hoa Province Branch, Mr. Chumakovskiy Sergey – Chairman of VRB Board of Directors, Mr. Leonid Trifonov – First Deputy General Director of VRB opened champagne to celebrate the bank's 16th birthday
VRB's 16-year journey is the result of the dedication and efforts of generations of employees; customer's cooperation. And VRB believes that, with the trust of all customers, VRB continues to write proud and successful journeys ahead.
Vietnam - Russia Joint Venture Bank: 16 years go beyond!
Vietnam - Russia Joint Venture Bank is the only joint venture organization in the field of finance - banking between the two countries Vietnam and the Russian Federation. Based on the cooperation agreement between the Governments and Central Banks of the two countries, the Vietnam - Russia Joint Venture Bank (VRB) was officially established with the capital contribution of two leading banks in Vietnam and the Russian Federation, namely, Vietnam and Russia. Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Bank for Foreign Trade of Russia (VTB). From November 19, 2006, VRB's proud journey officially started.
