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Banking individual Assignment

Name: Phạm Quang Hiếu
ID: FB00517
Class: FB0605

SECTION 1: Overview about VietinBank - Đong Đa
1.1. Process develop of VietinBank
* VietinBank was established in 1988 after being separated from State Bank of Vietnam. * Being one of the four largest State-owned commercial banks of Vietnam, VietinBank’s total assets account for over 20 percent of the market share of the whole Vietnamese banking system. VietinBank’s capital resources keep on increasing over the years and have been substantially rising since 1996 with the annual average growth of 20 percent, especially up 35 percent a year against that of last year. * VietinBank has developed an operations network comprising of 01 Transaction Centers, 150 branches, over 1000 transaction offices/ savings offices. Has established correspondent relationship with 900 banks, financial institutions of 90 countries and territories all over the world. * Being diversified with 07 independent accounting subsidiaries: VietinBank Leasing Company, VietinBank Securities Company, VietinBank Asset Management Company, VietinBank Insurance Company,  VietinBank Fund Management Company, VietinBank Gold and Jewellery Company, VietinBank Global Money Transfer Company and 03 non-profit making units: VietinBank Information Technology Center, VietinBank Card Center and VietinBank Training Center. * Being the founder of the following Financial Credit Institutions: * Saigon Bank for Commerce and Industry

* Indovina Bank (the first joint-venture bank in Vietnam) * Vietnam International Leasing Company – VILC (the first financial leasing company in Vietnam) * Vietinbank Insurance Company Ltd.

* Being the official member of :
* Vietnam’s Banker Association
* Asian Banker’s Association
* Society for Worldwide Interbank Financial Telecommunications (SWIFT) * Visa International Services Association
* Being the first bank in Vietnam to apply modern technology and e-commerce in its banking operations. Mission
To become the leading fnancial and banking corporation in Vietnam that operates in diverse areas, as well as provides products and services that conform to international standards, aiming to improve the values of life. Vision

To become one of the most modern and efective fnancial and banking group in and outside the country. Core Values
* Customer-oriented operations;
* Dynamic, innovative, professional, devoted, transparent, modern; * Workers have the right to make their best efort and contribution – they have the right to receive rightful compensation – they have the right to pay homage to outstanding individuals and workers. Business Philosophy

* Safe, efective, sustainable, and in compliance with international standards; * United, ready to cooperate, share, and be socially responsible; * Your prosperity is our success.
Slogan: Improving the values of life.
1.2: Main Activities:
Savings Account
* Without term
* Term
* Other
Wire transferring
* Domestic VND wire transfer services
* Overseas wire transfer services
Loans
* Consumption loans
* Car loans
* Business loans
* Loans for Study Abroad/ Labour exportation
* Mortgates
Foreign currency trading
* Spot Exchange
* Forward exchange
* Foreign currency options
Account Services
* Your accounts opened with VietinBank will be managed safely, precisely and securely while earning attractive interest rates. Overseas remittance
* Vietinbank commit to provide the best overseas remittance service from foreign countries to Vietnam: Promptly – Conveniently– Safely – Low fee Card services
* VietinBank E-Partner
* Cremium Visa, Cremium Master

SECTION 2: Actual Situation business of VietinBank- Đống Đa 2.1 Results of activities and business of VietinBank Dong Da, 2009 and 2010 | 2010 | 2009 | variance |
| | | |
| | | | (%) |
(A) | (1) | (2) | (3)=(1)–(2) | (4)=(3)/(2) |
I.Interest income | 310.635 | 195.246 | 115.389 | 59,10 | interest income and similar revenue item | 818.448 | 500.702 | 317.746 | 63,46 | Interest expenses and similar expenses | (507.813) | (305.456) | (202.357) | 66,25 | II. Net service activities | 37.092 | 22.278 | 14.814 | 66,50 | Income from service activities | 45.642 | 27.350 | 18.292 | 66,88 | Cost of service activities | (8.550) | (5.072) | (3.478) | 68,57 | III. Net income / (loss) from foreign exchange trading | 3.062 | (2.812) | 5.874 | 208,89 | V. Net gain from operations | 33.294 | 28.192 | 5.102 | 18,10 | ...

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0 0.75 00 01 02 03 05 059 06 07 09 1 1.011.385 1.059.206 1.083 1.1 1.2 1.268.158 1.381.362 1.506 1.759.988 1.881 1.974.426 1.978.076 1.capital 1/3/2011 10 100 1000 102 106.670 109.206 11.75 11.807 111 111.94 115 115.389 117.253 12 12.510 12.888 121.997 1234567 128.309 133 133.185 133.79 136.234 14.814 15 15.76 150 154 157.027 164 165 17.427 17.887 171.663 18 18.10 18.292 18.316 18.838 18.954 184 184.542 187 19 195.246 1988 199.541 1996 2 2.019 2.083.632 2.1 2.2 2.812 2.839 2.869 2.985.811 20 2005 2009 2009.vietinbank 2010 202 202.357 2020 205.514 206 208 215 215.05 22 22.278 225.171 230.048 24 24.051 25 252 252.154 27 27.350 27.67 28 28.09 28.184 28.185 28.192 29.698 299.972 3 3.062 3.1 3.1.1 3.1.2 3.142.838 3.2 3.2.1 3.2.2 3.3 3.4 3.478 30.315 305.456 308 310.635 317 317.746 33.294 33.995 34 34.377 35 35.46 35.511 357 369.407 37 37.092 38 385.447 389 390.693 4 4.679 4.888 42 42.033 423 43 43.049 43.79 435.562 44 44.472 45.642 45.888 46 464.750 4679 47.210 47.821 472 479 48 48.308 49 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