VietinBank formally sets up global money transfer arm

19-Dec-2011 Intellasia | STC | 3:43 PM Print This Post

Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank-CTG) has recently decided to establish VietinBank Global Money Transfer one-member Ltd Co as from December 16, 2011.

Accordingly, the company with a chartered capital of 50 billion dong will be headquartered on the third floor, at No 126 Doi Can Street, Ba Dinh district, Hanoi.

The company will provide the services of receiving and transferring remittance and other individual money between Vietnam and other countries and within countries and other payments of foreign currency not related to the export and import payments of goods.

Currently, VietinBank has nine subsidiaries operating in sectors such as finance, securities, insurance and global money transfer.

 


Category: Finance

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