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VIB - Vietnam International Bank
Vietnam
1996 (29 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know VIB - Vietnam International Bank
Company Information
Get to know VIB - Vietnam International Bank
Vietnam International Commercial Joint Stock Bank, abbreviated as Vietnam International Bank (VIB), was among the leading joint stock banks in Vietnam. For more than 24 years, VIB has achieved significant development and prominent milestones. Established on 18th September 1996, VIB started its operation with initial charter capital of VND50 billion and 23 staffs. Until 31/12/2020, the charter reached over VND11,000 billion, while its shareholder’s equity reached VND17,972 billion and total assets were VND244 trillion. Currently, VIB has more than 9,400 employees serving nearly 3 million customers at 165 branches and transaction offices in 27 key provinces/ cities across the country.
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- Financial BankingPRIMARY
- Financial Other Service
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