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VietinBank opens branch in Berlin
Six months after opening a subsidiary in Frankfurt, Germany, the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has completed all procedures to debut its branch in Berlin in late May 2012.
VietinBank’s four-storey building is located in Lichtenberg borough, home to over 4,000 overseas Vietnamese (OV) among the total 12,000 OVs in Berlin.
The borough also houses two Vietnamese commercial centres, Dong Xuan and Thai Binh Duong, gathering hundreds of small Vietnamese traders.
On May 7, the branch in Lichtenberg opened its door to guests, but the official inauguration ceremony is due to take place on May 28.
Vo Minh Tuan, deputy general director of VietinBank, said the bank is scheduled to upgrade its branch office in Germany to be its headquarters in Europe and will continue to expand operations to other countries such as the Czech Republic, Poland, France and the UK.
Forbes has recently listed VietinBank among the 2,000 biggest public companies globally
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