VIB (Vietnam International Bank) launches another office in Bien Hoa city

customers are depositing their money

Speaking at the ceremony, Mr. Ngo Xuan Dung, Chief Executive of Ho Chi Minh-based VIB, unveiled that over the past ten years VIB has ensured that its businesses are safe and effective with a transparent finance basing on the criteria of “doubling its revenue each year”. With these achievements, it has been graded A Standard by the Vietnam State Bank. Since mid-May of this year, VIB has increased its charter capital from 595 billion VND to 711 billion VND, becoming one of the five leading commercial banks in Vietnam. To realize the cooperation agreement with RIA, American Money Transfer Incorporation, VIB has provided home-delivery services for remittance payments. At first, this service has only been deployed in Ho Chi Minh City, Ha Noi, Dong Nai, Binh Duong, Nha Trang, Hai Phong and Quang Ninh.

On this occasion, the Tan Phong-based VIB will provide free-of-charge promotion campaign for any type of banking services in June 2006 and presents gifts for 200 first customers who deposit their saving at the newly opened transaction office.

(Translated by THKC)