F11-034 - Le Vu An Khanh.v.1.1.docx

And works on hardening vietinbanks best position in

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and works on, hardening VietinBank's best position in the market SHB expects to wind up a cutting-edge multi- utilitarian current multi-useful retail bank in Vietnam and vision to 2020 to end up a solid money related enterprise with universal banchmarks with present-day innovation framework. The organisation has a wide system across the country and globally to give accomplices and clients sychronous and helpful administrations and items with sensible expenses and high caliber of administration
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Size Vietnam Joint Stock Commercial Bank for Industry and Trade ( Vietinbank) is headquartered at 108 Tran Hung Dao, district Hoan Kiem, Ha Noi. There are 155 branches spread over 63 provinces and cities across the country; there are 2 branches in Germany and 1 subsidiary in Lao PDR; there are 2 representative offices in the city Ho Chi Minh City and Da Nang City; one representative office in Myanmar. SHB has been present in 40 provinces and cities in Vietnam, which have strong potential for economic development across the country. In addition, SHB has been present in 3 Eastern countries South Asia is Lao PDR; Kingdom of Cambodia; Myanmar Growth Since from 2009 to now, it successfully implemented equitization, strong innovation, modernization and standardization of banking operation. Transformation of the organisational model, administration and administraction according to international practices. From 2017 to now : Raising charter capital to 12,036 billion, improving financial capacity. In addition, SHB approved to open office represented in the Republic of the Union of Myanmar. This is also an important step forward of SHB not only in Indochina but also in Southeast Asia. Effortlessly, SHB strives to become the leading multifunctional retail bank in VIetinam, by 2020 to become a strong financial group in line with international standards. Products offered Products offered by Vietinbank include: Deposists; Loans; Card products; Life insurance; Non-life insurance; Jewelry and Other products SHB s products include: payment account, saving deposit, credit, card, e-banking, money transfer, other services Legal structure Public corporation company Private limited company
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2.2. The similarities and differences in approaches to the two banks’ stakeholders using stakeholder mapping. a) The similar between SHB and Vietinbank Group of stakeholders Interest Action to satisfy their interests Power ( High-Low) Shareholders - Receive dividends in accordance with the decision of the General Meeting of Shareholders - Freely transferable shares have been paid in full - Prioritized purchase of new shares - To receive information on the operation of the Bank - Control outline development stratrgies - Dividend payment on time High power because they highly influence the business of the bank.
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