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Indovina Bank Ltd.'s Overview

Total employees330
HeadquartersHo Chi Minh City
Founded1990

Indovina Bank Ltd. (IVB) holds the distinction of being Vietnam's first joint-venture bank, established in 1990 and commencing operations in 1992. It is a partnership between Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Cathay United Bank (CUB) of Taiwan. IVB offers a diverse range of modern banking products and services to individual, corporate, and institutional clients, including deposits, loans, trade finance, international payments, card services, and digital banking solutions. The bank is committed to contributing to Vietnam's economic development by providing reliable and efficient financial services.

Where is Indovina Bank Ltd.'s Headquarters?

HQ Function

The headquarters serves as the primary center for Indovina Bank's strategic decision-making, overall operations management, corporate governance, policy formulation, and coordination of its branch network.

Notable Features:

A modern office building equipped with contemporary banking technology and facilities designed to support efficient operations and provide a professional environment for both employees and visiting clients.

Work Culture:

Indovina Bank fosters a professional, customer-centric, and collaborative work environment. It blends Vietnamese market insights with international banking standards derived from its joint-venture structure, emphasizing integrity, innovation, and teamwork.

HQ Significance:

The headquarters represents the operational core of Vietnam's first joint-venture bank, symbolizing an important step in the modernization and international integration of the Vietnamese financial sector.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect Indovina Bank's core values of trustworthiness, professionalism, innovation, customer focus, and sustainable development.

Location:

Indovina Bank primarily operates within Vietnam, with a comprehensive network of branches and transaction offices across the country. Its global aspect stems from its joint-venture nature with Taiwan's Cathay United Bank, facilitating international banking services such as trade finance, foreign currency transactions, remittances, and support for foreign direct investment into Vietnam. While it does not have physical branches abroad, IVB collaborates with correspondent banks worldwide to support its clients' international business needs.

Street Address:

97A Nguyen Van Troi Street, Ward 11, Phu Nhuan District

City:

Ho Chi Minh City

State/Province:

Ho Chi Minh City

Country:

Vietnam

Indovina Bank Ltd.'s Global Presence

Hanoi, Hoan Kiem District, Vietnam

Address: Capital Tower, 109 Tran Hung Dao Street, Cua Nam Ward, Hoan Kiem District, Hanoi

To strengthen Indovina Bank's presence in Northern Vietnam, offering accessible financial solutions and supporting local economic activities and investment flows.

Da Nang, Hai Chau District, Vietnam

Address: 102-104-106 Nguyen Van Linh Street, Nam Duong Ward, Hai Chau District, Da Nang City

To expand banking services and support economic growth in the Central Vietnam region, focusing on trade, tourism, and industrial development in Da Nang and surrounding provinces.

Can Tho, Ninh Kieu District, Vietnam

Address: 15-17-19 Vo Van Tan Street, Tan An Ward, Ninh Kieu District, Can Tho City

To cater to the specific financial requirements of the Mekong Delta region, fostering agricultural development, SME growth, and facilitating trade for this vital economic zone.

Buying Intent Signals for Indovina Bank Ltd.

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Indovina Bank Ltd.

As of April 2025, Indovina Bank Ltd.' leadership includes:

Mr. Sumitomo Masahiro - General Director
Mr. Duong Cam Vu - Deputy General Director
Mr. Vo Van Nhiem - Deputy General Director
Mr. Chang Ken Wei - Deputy General Director
Ms. Nguyen Thi Thanh Nga - Chief Accountant

Investors of Indovina Bank Ltd.

Indovina Bank Ltd. has been backed by several prominent investors over the years, including:

Cathay United Bank (CUB), Taiwan (50% shareholder)
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam (50% shareholder)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information, Indovina Bank has maintained a stable core executive team over the past 12 months, with no major high-profile new hires or departures widely reported in English-language financial news. Any changes would typically be part of routine operational adjustments rather than significant leadership shifts.

Technology (Tech Stack) used by Indovina Bank Ltd.

Discover the tools Indovina Bank Ltd. uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Indovina Bank Ltd. Email Formats and Examples

Indovina Bank (IVB) likely utilizes standardized email formats for its professional communications, typical for financial institutions. While specific internal patterns are not publicly disclosed, common formats often incorporate employee names and the company domain.

Common formats could be [first_initial][last_name]@ivb.com.vn (e.g., jdoe@ivb.com.vn) or [first_name].[last_name]@ivb.com.vn (e.g., jane.doe@ivb.com.vn). The domain is consistently @ivb.com.vn.

Format

example.contact@ivb.com.vn

Example

70%

Success rate

News and media

The Saigon TimesNovember 1, 2023

Indovina Bank profits rise sharply in first nine months

Indovina Bank (IVB) reported a pre-tax profit of VND889 billion in the first nine months of 2023, a 70% increase year-on-year, achieving 105% of its annual profit target. The growth was attributed to effective business strategies and prudent cost management....more

Indovina Bank Official WebsiteAugust 18, 2023

Indovina Bank's Credit Rating Affirmed by Moody's with Stable Outlook

Moody's Investors Service affirmed Indovina Bank's (IVB) long-term local and foreign currency deposit and issuer ratings at B1, with a stable outlook. This affirmation reflects the bank's solid capitalization, good profitability, and stable funding base....more

Indovina Bank Official Website / Vietnam News AgenciesJuly 20, 2023

Indovina Bank Pioneers SWIFT GO Implementation in Vietnam

Indovina Bank announced its successful implementation of SWIFT GO, a service designed for fast, secure, and predictable low-value international payments. IVB is among the first banks in Vietnam to adopt this solution, enhancing its international payment services for customers....more

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