11 Vietnam banks cited among world’s top 1,000
The prestigious financial magazine, The Banker, has listed eleven Vietnam banks in its recently published Top World Banks ranking for 2014, affirming the country as a leading financial centre in Southeast Asia.
The top five of the 11 Vietnam banks include – Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Bank for Foreign Trade of Vietnam (Vietcombank), Bank for Investment and Development of Vietnam JSC (BIDV), Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) and Vietnam Export-Import Bank (Eximbank).
Bao Viet Bank was also cited among the top ten banks in Southeast Asia in terms of Tier 1 capital.
The world’s top five banks included the Industrial and Commercial Bank of China Limited (ICBC), the China Construction Bank (CCB), the JP Morgan Chase & Co, the Bank of America, and the Hong Kong-Shanghai Bank Corporation (HSBC).
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
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