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About Maritime Bank

 

Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank) was established under the License No. 0001/NH-GP dated 8th June 1991 by the Governor of State Bank of Vietnam and officially started doing business on 12th July 1991 in Hai Phong City, right after the Ordinance on Joint Stock Bank, Credit Cooperative and Finance Company took effect. At that time, the debate about the model of join stock bank was still not settled and Maritime Bank became one of the first commercial join stock banks in Vietnam. It was the result of collaboration strength and innovative thinking of founding shareholders: Vietnam Maritime Administration, Vietnam Post and Communication Group, The Civil Aviation Administration of Vietnam and etc.
About Maritime Bank

 

MARITIME BANK: 23 YEARS OF CONTINUOUS SUCCESS

At the beginning, Maritime Bank only had 24 shareholders with charter capital of VND 40 billion and several branches in big cities such as Hai Phong, Hanoi, Quang Ninh and Ho Chi Minh City. It may be said that the establishment of Maritime Bank in the early 1990s represented a major breakthrough during the transformation of economic structure in Vietnam.

Looking back at the previous development phase, the period from 1997 to 2000 was the most challenging for Maritime Bank. As a result of Asia financial crisis, Maritime Bank had to face many difficulties. However, by our own strength and spirit, Maritime Bank has gradually regained the balance and continued developing since 2005.

Until now, Maritime Bank has grown strongly, sustainably and created customer’s faith. The current charter capital of Maritime Bank is VND 8,000 billion and total assets reach about VND110,000 billion. Our network has increased rapidly from 16 branches in 2005 to 230 branches at present.

Thanks to the decision to comprehensively restructure ranging from business strategy, brand image, branch design to customer approach method and etc, Maritime Bank is recognized as one of the most innovative banks with audacious business strategy & professional transaction model in Vietnam.

 

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