F11-087 - Luu Thị Hong Tu.v.1.1.docx

Because the pillar bank offer the bulk of capital to

This preview shows page 9 - 11 out of 33 pages.

because the pillar bank, offer the bulk of capital to the economy and closely follow the expansion direction MTBP. Vietinbank determines to create a breakthrough in SME and retail banking segments, within which special attention are hooked up to super micro and producing enterprises, FDI phase are developed with some focuses and Vietinbank leading position in massive company phase are any elevated at the same time Vietinbank shall countine the directives given by th SBV and rank allocating capital to sectors inspired by the State.(Vietinbank,2018) 2.0 Size and Scope of Different Types of Organisations (1,000 words) 2.1. Select an international bank and compare it with Vietinbank in terms goals and objectives, size, growth, products offered and sustainability approach highlighting similarity and differences Vietinbank VIB 1.Goals and objectives At the 2017 AGM, Mr. Nguyen Van Thang, Alternate member of the Central Party’s Committee, member of the National Assembly, Chairman of the Board of administrators of Vietinbank, has determined the main target of direction with 5 main missions of the year: unendingly and drastically promote business activities; In 2018, VIB sets the PBT target of VND 2,005 billion, up 43% year on year. The bank is anticipated to propose arrange for increasing the leased capital are comprised of providing and issuance new shares to investors in style of non- public placement up to tenth of charter capital, issuance
Image of page 9

Subscribe to view the full document.

keep firm within the role of the polar state-owned business bank; grow effectively and tightly management quality; recover all debts sold to VAMC; develop fashionable product and services, particularly in payment banking; standardize the whole aspects of operation; improve money capability, risk management, develop infrastructure, modernize IT technology consistent with international standards; produce a gentle platform towards the target of being the regionally qualified bank in 2018. On behalf of Vietinbank’s Board of manager, Mr lupus erythematosus Duc Tai- General Director of Vietinbank, had bestowed the Vietinbank’s business indicators of 2017 such as: total quality increase of 14%, amounting to VND 1,081,634 billion; outstanding credit of VND 826.8 trillion; total fund mobilized of VND 996,4 trillion; profit before tax of VND 8,8 trillion etc. bonus shares mistreatment share premium reserves, Investment and development reserves and preserved earnings. With the capital designing, VIB is predicted to realize a number of the bank’s major business targets in 2018, as well as 43% increase of earnings to VND 2,005 billion. Also, the banks total assets are aimed to achieve VND 150,231 trillion, up 22%, deposits are expected to quantity to VND trillion, growing by 22%, dangerous debts maintains below 3%
Image of page 10
In order to satisfy the demand for economy development, Vietinbank is needed to instantly do imperative measures in 2017 to reinforce the money capability and increase charter capital.
Image of page 11
You've reached the end of this preview.
  • Winter '18

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern