VIBank to create competing credit market in Binh Dinh
15:27', 1/11/ 2007 (GMT+7)

Quy Nhon VIBank, the first Vietnam International Bank's (VIBank) branch in Binh Dinh, will be opened on November 7 in Quy Nhon city. Nguyen Dinh Long, director of Quy Nhon VIBank told Binh Dinh newspaper reporter about the upcoming operation.

Q: Could you brief on VIBank?

A: VIBank was set up in September 18, 1996 in Ha Noi by Bank for foreign trade of Vietnam (Vietcombank), Agriculture and Rural Development Bank (Agribank), and some Vietnamese and foreign entrepreneurs with the charter capital of VND50 billion.

VIBank's branch in Quy Nhon

 

After operating for 11 years, VIBank has become one of commercial joint stock banks having the biggest charter capital in Vietnam. At present, there are nearly 80 VIBank's branches in 23 cities and provinces nationwide.

VIBank is one of top five commercial joint stock banks in Vietnam, having modern technologies and infrastructure and a highly qualified staff.

Q: What do you think about the credit market in Binh Dinh and why did VIBank decide to open a branch here?

A: The credit market in Binh Dinh has much potential for the future development. Binh Dinh's economy has rapidly developed in recent years, in which Nhon Hoi Economic Zone can be considered as a driving force for the key economic region of Central Vietnam. Also, many industrial parks are effectively operating and traditional trade villages have been restored.

With the investment incentive policies, Binh Dinh has attracted many FDI projects, and many projects are calling for the investment capital.

We do believe that with such an economic development and policies, Binh Dinh will attract more investors, which is a favorable condition for the development of credit market.

Q: How will Quy Nhon VIBank operate to compete with other banks in Binh Dinh?

A: With the motto "values and values for you", VIBank always ensures the best advantages for customers. Quy Nhon VIBank will closely follow VIBank's direction and Binh Dinh's economic development program to best operate.

VIBank has various services and we also have much experience in serving customers. We, therefore, believe that enterprises and individuals in Binh Dinh will choose VIBank in the near future.

  • N.V (translated by LHQ)
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