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.
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.
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.
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.
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.
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.
97A Nguyen Van Troi Street, Ward 11, Phu Nhuan District
Ho Chi Minh City
Ho Chi Minh City
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.
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.
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.
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As of April 2025, Indovina Bank Ltd.' leadership includes:
Indovina Bank Ltd. has been backed by several prominent investors over the years, including:
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.
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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
The Saigon Times • November 1, 2023
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 Website • August 18, 2023
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 Agencies • July 20, 2023
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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