What is the top 10 bank in Vietnam?

Vietnam’s Banking Sector: A Robust Landscape with Reputable Institutions

Vietnam’s banking sector has emerged as a key pillar of the nation’s economy, boasting a diverse range of financial institutions that cater to the needs of businesses and individuals alike. Among the most prominent players in this competitive market are Vietcombank and Techcombank, which have consistently ranked among the top ten most reputable commercial banks in Vietnam in 2024.

Top 10 Banks in Vietnam 2024

1. Vietcombank: Holding the distinction of being Vietnam’s largest commercial bank, Vietcombank offers a comprehensive suite of financial services, including corporate banking, retail banking, and investment banking.

2. Techcombank: Known for its innovative approach to banking, Techcombank has made significant strides in digital transformation, providing customers with a seamless and accessible banking experience.

3. BIDV: The state-owned Bank for Investment and Development of Vietnam (BIDV) plays a pivotal role in supporting infrastructure development and economic growth.

4. Agribank: The Agricultural Bank of Vietnam (Agribank) is a specialized bank dedicated to meeting the financial needs of the agricultural sector.

5. MBBank: As one of Vietnam’s leading private banks, MBBank has gained recognition for its strong retail banking services and its focus on digital innovation.

6. VPBank: Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has established a strong presence in the consumer banking market, offering a wide range of products and services to cater to the needs of individuals.

7. ACB: Asia Commercial Bank (ACB) is known for its extensive branch network and its comprehensive portfolio of financial products.

8. Sacombank: Saigon Joint Stock Commercial Bank (Sacombank) is a leading provider of banking services in southern Vietnam, offering a wide range of financial solutions for businesses and individuals.

9. SeABank: Southeast Asia Commercial Joint Stock Bank (SeABank) has a strong presence in corporate banking and is actively expanding its retail banking offerings.

10. SHB: Saigon-Hanoi Commercial Joint Stock Bank (SHB) is a well-established player in the Vietnamese banking sector, providing a broad spectrum of financial services.

The strength and diversity of Vietnam’s banking sector underscore the nation’s commitment to financial inclusion and economic stability. The top ten banks highlighted in this ranking play a significant role in driving growth, innovation, and the overall financial well-being of the country.