Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is the number one bank of Vietnamese banking system, which provides modern banking and financial services and utilities with international standards. Vietinbank has a strong development network with 148 branches, 07 member companies, 03 non-business units, more than 1,000 transaction offices in 63 provinces / cities in the country. VietinBank is the first and only Vietnamese bank in Europe with 02 branches in Frankfurt and Berlin - Germany. Besides, VietinBank has been present in Vientiane - Laos and is actively promoting the opening of representative offices and branches in many other countries such as Myanmar, England, Poland, Czech…
With the largest capital scale, the best asset quality and the highest brand value in Vietnam, continuously in 2012 and 2013, VietinBank was voted by Forbes Magazine as the Top 2000 largest enterprises in the world and magazine The Banker included the Top 500 most valuable bank brand in the world. Especially, on January 7, 2013, VietinBank was honored to be conferred the title of Labor Hero by the President.
Currently, in the structure of Vietinbank, there are two foreign strategic shareholders who are the prestigious International Finance Corporation (IFC) and the largest bank in Japan with international stature knows as Bank of Tokyo - Mitsubishi UFJ. Up to now, VietinBank is the bank with the strongest foreign shareholder structure in Vietnam.
DTD as a consultant providing advices and legal services related to Vietinbank' s activities, assisted Vietinbank in the Bank's transactions with other banks, such as the contract and interbank credit agreement between Vietinbank and other banks (such as Master Interbank Credit Facility Agreement). Accordingly, DTD has supported Vietinbank in drafting contracts and credit agreements between Vietinbank and its partners, and at the same time giving necessary legal advices in relation to the legality of transactions, legal status of operation and signing of transactions of Vietinbank.
The cooperation and association with domestic and foreign credit institutions is one of the important contents in the operation process of credit institutions in particular and enterprises in general. Therefore, in order to ensure that businesses do not face legal obstacles and avoid disputes during the contract implementation process, DTD is always willing to become a partner who assists client with legal issues with the aim of remaining the convenience of client's business operation.
