September 29, 2022

6 International Banks In Vietnam

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Vietnam is moving toward strong integration and growth. As a result, there is a high need for banking and credit in Vietnam. In addition to domestic banks, several international banks have made investments to establish branches in Vietnam. Foreign banks in Vietnam have a strong reputation on the global financial scene and are well trusted. Join us as we discover which international banks in Vietnam have the highest reputations.


  • 1. HSBC Bank


With branches across Europe, Asia, America, the Middle East, and Africa, HSBC (The Hong Kong and Shanghai Banking Corporation) is one of the major banking and financial services firms in the world. The slogan "Global bank knows local" has helped HSBC quickly establish its brand all over the world. In 1865, HSBC was established in Hong Kong.



HSBC bank - Source: Google.com


But the HSBC Group's current parent business has its headquarters in London, United Kingdom. About 54 million clients are served by the HSBC Group, which has 6,300 locations throughout 75 nations and territories. The HSBC Group formally launched a subsidiary bank in Vietnam on January 1st, 2009. The first foreign bank to receive a license to conduct business in Vietnam is HSBC Vietnam. Currently, in terms of investment capital, network, product offering, personnel, and clientele, HSBC is among the biggest international banks in Vietnam.

With more than 156 years of experience serving the Vietnamese market, HSBC offers a full range of banking and financial services, such as: Personal Finance and Wealth Management Services, Corporate Banking Services, Foreign Exchange Services Exchange and Capital Markets, Global Currency and Liquidity Management Services, International Settlement and Trade Finance Services, and Securities Services. When seeking a loan or engaging in any other type of financial transaction with HSBC, many consumers ask the same question: Is HSBC reliable? The brand has been established in the market for a considerable amount of time, thus the answer is that you can absolutely trust this bank. The parent company's financial potential, which may be used to provide clients a variety of high-quality services, alluring incentives, etc., is another crucial consideration.


CONTACT INFO:

- Address:

Tower 1, Capital Place Building, No. 29 Lieu Giai, Ngoc Khanh Ward, Ba Dinh District, Hanoi

Room 2, 1st floor, Office Building No. 01 Nguyen Van Linh, Binh Hien Ward, Hai Chau District, Da Nang

Metropolitan Building, 235 Dong Khoi, Ben Nghe Ward, District 1, City. Ho Chi Minh City

See other branches at: https://www.hsbc.com.vn/contact/branch-finder/ 

- Phone:

Individual customers: 028 3724 7247 (South) or 024 6270 7707 (North)

Platinum credit cardholders (July 24): 028 3724 7248

Premier customers (July 24): 028 3724 7666

- Email:

Individual customers: direct@hsbc.com.vn 

Premier customers: hsbcpremiervn@hsbc.com.vn 

- Website: https://www.hsbc.com.vn/ 


  • 2. CitiBank


With locations in 1,000 cities across 160 nations, CitiBank International serves hundreds of millions of clients globally. The majority of CitiBank's clients are wealthy individuals or sizable businesses, retailers, and organizations. One of the most renowned international banks in Vietnam is CitiBank. Hanoi and Ho Chi Minh City are home to CitiBank's principal offices and have a wide distribution network that reaches 64 different Vietnamese regions.



CitiBank -Source: Google.com


Since formally joining the Vietnamese market in 1993, CitiBank has demonstrated its importance in the growth of the financial sector by providing cutting-edge solutions that cater to the diversified demands of both domestic clients and foreign organizations and businesses doing business in Vietnam. The largest and most profitable transactions in Vietnam's capital market have been carried out by CitiBank, a dependable financial partner of many significant state-owned organizations as well as leading businesses.

The transaction management services provided by CitiBank provide a range of options for transactions involving not just cash management but also business and international payments. Transaction management services are a distinctive capability that CitiBank consistently focuses for development and are thought to be the market leader in Vietnam. By continuing to develop and innovate, CitiBank reaffirms its position as the banking sector's technical leader.

CitiDirect BE and Citi Supplier Finance, two ground-breaking banking systems, have been established by CitiBank in Vietnam. Throughout 2016, the bank worked closely with clients to provide access to these platforms on a variety of devices, including desktops, mobile phones, and tablets. Customers may turn to Citi for assistance in overcoming all the difficulties associated with creating, running, and distributing financial goods and services in the complicated and cutthroat market of today.


CONTACT INFO:

- Address:

Sunwah Building, 115 Nguyen Hue, District 1, City. Ho Chi Minh City

Horison Building, No. 40 Cat Linh Street, Cat Linh Ward, Dong Da District, Hanoi

- Phone:

CitiPhone Call Center: (028) 3521 1111

Customers who are overseas: (84 28) 3521 1118

Citigold customers: (84 28) 3521 1088

- Website: https://www.citibank.com.vn/portal/vietnam_home_vn.htm 


  • 3. Shinhan Bank


Along with two other divisions, Shinhan Investment Fund and Shinhan Investment Management Company, Shinhan Group, one of Korea's top financial organizations, includes Shinhan Bank as a significant component. One of the well-known international banks operating in the Vietnamese market is Shinhan Bank. They had a representative office in Vietnam in Ho Chi Minh City in 1993 and today have several branches in numerous regions and cities around the nation. The establishment of Shinhan Bank helped to advance diplomatic ties between Korea and Vietnam.



Shinhan Bank - Source: Google.com


With a charter capital of almost 5,709.9 billion VND, Shinhan Bank has swiftly increased the number of its transaction offices and branches throughout its operation in Vietnam, including Ho Chi Minh City, Hanoi, Bac Ninh, Binh Duong, and Dong Nai.

Additionally, Shinhan Bank Vietnam will continue to grow in the future with the purpose of providing clients with the highest possible service quality. Currently, there are 30 Shinhan Bank locations around the country, and the company is actively growing its clientele. Customers of Shinhan Bank are growing every day, comprising both private individuals and small and medium-sized businesses. 


CONTACT INFO:

- Address:

Ground floor, SCS building, lot T2-4, D1 street, CNC zone, Tan Phu ward, District 9, city. HCM - (028) 3622 0747

TM 2-13, 2nd floor, Building 903, Apartment H9-CT1, Co Nhue I Ward, Bac Tu Liem District, Hanoi - (024) 7300 1424

A-00.20, A-00.21, Building C1 (Sarica), No. 06 D9 Street, An Loi Dong Ward, District 2, City. HCM - (028) 3622 1707

See other branches at: https://shinhan.com.vn/en/branches   

- Hotline:

Standard customer: 1900 1577

Customer PWM: 1800 599 926

International support: +84 28 3866 8830

- Email: shinhanvietnam@shinhan.com   

- Website: https://shinhan.com.vn  


  • 4. Standard Chartered Bank


An international banking and finance business based in Britain owns Standard Chartered Bank. The headquarters of Standard Chartered are located in London, in the United Kingdom of Great Britain and Northern Ireland. Standard Chartered Bank began operating in Vietnam in 1904 when it opened its first office in Saigon (now Ho Chi Minh City).



Standard Chartered Bank - Source: Google.com


The One Member Limited Liability Company for Standard Chartered Bank (Vietnam) officially began operations on August 1, 2009. This event was a significant turning point in the development history of Standard Chartered's bank in Vietnam, which is 100% controlled by foreign investors. Standard Chartered Bank now has three locations and more than 850 workers (2 in Hanoi and 1 in Ho Chi Minh City). Hanoi is home to the main office.

In order to actively contribute to the growth of the banking and financial sector in Vietnam and to assist its clients in expanding their businesses, the bank brings knowledge and experience from across the world, including Asia, Africa, and the Middle East. Additionally, beginning March 2012, the Government of Vietnam has designated Standard Chartered as its official consultancy firm for raising the country's credit rating. The bank offers corporate clients, financial institutions, small and medium-sized businesses, as well as individual clients, a broad variety of banking products and services. Standard Chartered has made and will continue to make substantial contributions to the growth of the banking and financial sector in Vietnam thanks to its worldwide experience and expertise.


CONTACT INFO:

- Address:

Hanoi: Ground floor, Capital Place Building, No. 29 Lieu Giai Street, Ba Dinh District, Hanoi

Ho Chi Minh:

37 Ton Duc Thang, Ben Nghe Ward, District 1, City. Ho Chi Minh

1st Floor, South Saigon Office Building 1 – 1060 Nguyen Van Linh, Tan Phong Ward, District 7, Ho Chi Minh City

- Phone: (024) 3696 0000 - (024) 7300 0730

- Hotline: 1900 6999

- Email: Contact.SCB@sc.com 

- Website: https://www.sc.com 


  • 5. Public Bank Berhad


With branches in Vietnam, Public Bank Berhad is one of the most renowned international banks. Public Bank Berhad (Malaysia) and the Bank for Investment and Development of Vietnam each contributed 50% of the capital necessary for the establishment of VID Public Bank, which was formally created in September 1991. (BIDV).



Public Bank Berhad - Source: Google.com


2015 saw the official receipt by VID Public Bank of the State Bank of Vietnam's license allowing it to open a bank with 100% foreign capital. As of right now, the VID Public Bank has 62.5 million USD in charter capital following three capital increases since it began operations in Vietnam. The VID Public Bank's operations have made a major contribution to the overall growth of the banking and financial sector in Vietnam.

The public bank's name expresses its commitment to growing the institution in order to serve the needs of the local community. Public Bank has consistently earned several certificates of distinction and honorary awards from the Prime Minister and appropriate organizations for its valuable services to the cause of economic growth, industrialization and modernization of the nation. As one of the most successful foreign banks in Vietnam, Public Bank Vietnam has maintained its position.


CONTACT INFO:

- Address:

Head office: 1st floor, 10th floor and 11th floor, Hanoi Tungshing Square Building, No. 2 Ngo Quyen, Ly Thai To Ward, Hoan Kiem District, Hanoi - 024 3943 8999 & 024 3943 9011 & 024 394 3901

Branch: Store Lot 1, No. 12, No. 23 Gamuda Garden Urban Area 2-2, Tran Phu Ward, Hoang Mai District, Hanoi City - 024 6666 6083

Branch: Ground floor and room 103 (1st floor), Zen Plaza Building, 54-56 Nguyen Trai Street, Ben Thanh Ward, District 1, City. HCM - 028 3822 3584 & 028 3925 5004

See other branches at: https://www.publicbank.com.vn/Contact/Contact?parentCateId=44  

- Hotline: 1800 1198

- Website: https://www.publicbank.com.vn/  


  • 6. Hong Leong Bank


The Hong Leong Group Malaysia, with its headquarters in Malaysia, includes Hong Leong Bank as a subsidiary. In 1968, Hong Leong Group first entered the financial services industry. Since that time, Hong Leong has swiftly prospered and expanded, opening branches of its bank in other nations, including Vietnam.



Hong Leong Bank - Source: Google.com


The first and only bank in Malaysia and Southeast Asia with a license to set up shop and conduct business in Vietnam is Hong Leong Bank. In 2009, Hong Leong Bank began conducting business in Vietnam. At the moment, Hong Leong Vietnam holds 4 key places of sale. Additionally, Hong Leong Bank connects to more than 16,000 ATMs and more than 100,000 credit card payment locations nationally, ensuring that all clients in Vietnam have the greatest convenience possible.

Following a protracted period of development, a sizable number of consumers are now choosing Hong Leong Bank with confidence. Currently, Hong Leong Bank has 300 branches worldwide and several business centers spread throughout multiple Southeast Asian nations, including Vietnam, Singapore, and Hong Kong, etc. Leading the way in both online and mobile banking are the operations of Hong Leong Bank.


CONTACT INFO:

- Address:

Head office: 1st Floor, Centec Tower, 72-74 Nguyen Thi Minh Khai, District 3, City. HCM - 028 6299 8100

Ground Floor, Centec Tower, 72-74 Nguyen Thi Minh Khai, District 3, HCMC - 028 6299 8100

Hanoi: Ground floor, Pacific Place Building, 83B Ly Thuong Kiet, Hoan Kiem District, Hanoi - 024 6271 0300

- Hotline: 1900 633 068

- Email: ask@hlbvn.hongleong.com  

- Website: https://www.hlbank.com.vn  


We just gave you a brief introduction to the most renowned international banks operating in Vietnam. These international banks' operations have made a major contribution to the overall growth of the banking and finance sector in the Vietnamese market.


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