Mr. Nguyen Van Thang, Chairman of VietinBank (5th from the right) and Mr. Marcos Brujis, Global Director, Financial Institutions Group, IFC (4th from the left) posing for a memorial photo. Photo by Đức Trung

IFC, a member of World Bank Group, is one of two major foreign shareholders of VietinBank with more than 5 years of partnership with VietinBank in many important fields such as Risk Management, SME, Sustainable Energy Financing… During his visit to VietinBank, Mr. Marcos Brujis had discussed with Chairman Nguyen Van Thang on the collaboration among shareholders towards the increase of the Bank’s value.

VietinBank’s Chairman highly appreciated IFC’s involvement as one of the very first foreign organizational shareholders and with its long-term commitments, IFC had helped VietinBank in improving the Bank’s financial capacity and operational safety.

Besides, IFC has been carrying out a number of technical supports for VietinBank in terms of Risk Management, Corporate Governance, Banking services for SMEs and SEF that assisted VietinBank greatly with employing many importance resources to improve its governance competence, risk management, product and service development, HR development and training, thus contributing to VietinBank’s competitiveness and global integration competences.

The meeting session’s focus did not only limit to the current collaborative projects between VietinBank and IFC but also expanded to other subjects such as the adoption of new trends of IT advancements in the banking industry and measures to increase capital, thus improving financial capacity to satisfy VietinBank’s planned growth targets.