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Vietcombank
Vietnam
1962 (63 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 Vietcombank
Company Information
Get to know Vietcombank
Vietcombank is a foreign trade bank that provides a wide range of financial services in international trade. It offers traditional services such as capital trading and mobilization, credit, project financing, and more as well as modern banking services such as forex trading and derivatives, card services, e-banking, and many others. Vietcombank has developed an auto-bank system with over 2,100 ATMs and more than 49,500 POSs nationwide. Its operations are supported by a network of more than 1,800 correspondent banks in 155 countries and territories. Vietcombank currently has almost 14,000 employees; more than 400 branches; and transaction offices, representative offices, and affiliates in Vietnam and abroad, including its head office in Hanoi, 1 operation center, 1 training center, 89 branches, over 350 transaction offices all over the country, 2 subsidiaries in Vietnam, 2 subsidiaries and 1 representative office in other countries, and 6 joint ventures. Founded in 1963, Vietcombank is headquartered in Hanoi, Vietnam.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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