About Indovina bank

Indovina Bank Ltd. (IVB) is Vietnam’s first joint-venture bank established on 21 November 1990, under Investment License No. 135/GP issued by the State Committee for Cooperation, Business License No. 08/NH-GP dated 29 October 1992 issued by the State Bank of Vietnam. Currently, SBV has approved for IVB’s Business license amendment to license no. 101/GP-NHNN dated 11 November 2019. The joint-venture partners are Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) and Cathay United Bank in Taiwan (CUB). Equally contributed by the two shareholders, IVB’s chartered capital was USD193 million at the end of 2018.

The Bank

IVB with its Head Office in Ho Chi Minh City, 13 branches, 1 business center and 19 transaction offices and counters in Ha Noi, HCM City, Hai Phong, Da Nang, Can Tho, Binh Duong and Dong Nai, has become one of the foremost financial links for foreign companies investing and doing business in Vietnam. IVB also participates actively in the economic development of Vietnam by providing diverse and good quality banking services to all customers throughout the country and abroad.

Human resources

IVB has a diverse human resources with international and domestic experience. Along with English and Vietnamese, IVB staff also uses Mandarin Chinese and Cantonese well. Vietnamese staff are well trained and familiar with essential banking concepts in accordance with international standards to be able to provide services with high standards to customers.

Board of Member

Board of Member

Board of Executive

IVB's Executive Board has extensive experience in international accounting principles, banking management, banking operations, international trade finance and foreign exchange. Supporting the Executive Board are Directors and officers, experts with extensive experience in project financing, trade finance and service provision for all customers.

Board of Controllers

Board of Controllers

Capital contributing member

CATHAY UNITED BANK (CUB) Cathay United Bank (CUB) is a wholly owned subsidiary of Cathay Financial Holdings Company, the largest financial holding company in Taipei, Taiwan with total assets and shareholder’s equity of around USD94 billion and around USD6.6 billion (as of 31st December 2018). VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE (VIETINBANK) Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), established in 1988, is one of the leading commercial banks in Vietnam. As of 31st December 2018, its total assets reached VND 1,164,434,735 million, total owners’ equity was VND 67,455,517 million.

Financial Reports

Financial Reports

Vision-Mission-Commitment-Core Values

Vision

Become the leading prestigious specialized bank in Vietnam.

 

Mission

Bringing financial efficiency to investors, customers, communities and employees. Focus on human resource development.

 

Commitment

Satisfy the needs of customers with fast, enthusiastic, professional, friendly and reputable service.

 

Core values

1. INTEGRITY: Objectivity, transparency and honesty in work and in all working environment; To have respect for the law and comply with internal regulations and policies.

2. EXPERTISE: To have a high sense of responsibility; to have goals and working methods that are effective in bringing about high productivity; to ensure the interests of customers, partners and the community; To identify risks early and far in advance, to control risks effectively and always have contingency plans in place for all situations.

3. COOPERATION: To effectively coordinate with relevant parties on the basis of harmonizing interests, limiting, and preventing the occurrence of risks; To build collaborative relationships based on support, trust, assistance and mutual respect.

4. ADAPTABILITY & INNOVATION: To proactively identify and anticipate trends based on a thorough and comprehensive assessment of opportunities and challenges; To learn and research continuously to develop new ideas or solutions to improve work efficiency.

5. DIGITAL TRANSFORMATION: Awareness of the importance of technology and digital transformation; Learning, applying technology and digital-oriented thinking to optimize performance and improve customer experiences.

Organization structure