Wednesday, August 15 2018


VietinBank opens branch in Germany's Frankfurt

Update: April, 16/2012 - 10:04

HA NOI — VietinBank opened a subsidiary bank in Germany earlier last week.

Located in Frankfurt am Main City, the subsidiary, with an initial charter capital of 25 million euros (US$32.7 million), will operate under the name of VietinBank (Europe) Ltd.

According to Document No 2019/NHNN-TTGSNH issued by the State Bank of VIet Nam, in two years Vietinbank has to complete legal procedures in Viet Nam to get approval to invest overseas and start operation in line with regulations in Germany.-VNS

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