15 years of development with the Vietnamese stock market

Milestones

Implementing the policy of equitizing state-owned commercial banks, on December 25, 2008, VietinBank officially successfully issued shares to the public. On July 16, 2009, VietinBank officially listed and traded shares on the Ho Chi Minh City Stock Exchange (HOSE) with the stock code CTG.

From a medium-sized bank on the first day of listing, by the end of 2023, VietinBank's total assets had reached more than 2 million billion VND (8 times increase), outstanding credit reached more than 1.47 million billion VND (9 times increase); pre-tax profit reached more than 24.99 trillion VND (6 times increase); the transaction network continued to be maintained throughout 63 provinces/cities nationwide with: 1 Head Office, 2 Representative Offices, 8 Public Service Units, 155 Branches and nearly 1,000 Transaction Offices; 7 subsidiaries, affiliated companies; successfully integrated into the international financial market with 2 Branches in the Federal Republic of Germany, 1 Representative Office in Myanmar and 1 100% capital Bank in the Lao PDR.

In addition to growth in business efficiency and network of operations, VietinBank has gradually improved its financial capacity, better meeting regulations on safety in banking operations, towards international standards and practices. Since listing until the end of 2023, VietinBank has increased its charter capital 9 times, accordingly, the charter capital has increased nearly 4.8 times, reaching 53.7 trillion VND by the end of 2023; equity has increased more than 10 times from 12.5 trillion VND to 125.9 trillion VND.

In VietinBank's capital increase journey, there has always been strong interest and participation from foreign shareholders and strategic partners, demonstrating VietinBank's leading role and position in the Vietnamese banking industry. VietinBank is the first state-owned commercial bank to have a foreign strategic partner. In 2011, VietinBank increased its charter capital by selling 10% of its shares to IFC; by May 2013, VietinBank had sold 19.73% of its shares to strategic investor BTMU (now MUFG Bank), accordingly, the foreign investor's room for CTG shares was adjusted from 12.79% to 30%. VietinBank is also the first bank in the Vietnamese financial system to have 2 foreign shareholders with strong financial capacity and prestige in the world market as strategic shareholders, participating in the management and operation of the bank.

In the stock market, CTG is evaluated by shareholders, investors, and domestic and foreign analysts as one of the stocks with large capitalization, leading the banking industry, always maintaining good growth potential. On February 6, 2012, the Ho Chi Minh City Stock Exchange officially launched the VN30-Index. With 3 selection steps: capitalization value, free-float ratio and trading value, VN30 includes 30 stocks with capitalization value in the top 50 of the market. Since its launch, VietinBank's CTG shares have been continuously included in this index basket, with an average trading value increasing 20 times, from 6.8 billion VND/session on the first day of launch to 137.8 billion VND/session in 2023.

Pioneer in national development, bringing optimal value to customers, shareholders, employees, partners and the community

In addition to the achieved results, VietinBank always reserves a portion of its annual retained earnings to pay dividends/share bonuses from surplus funds after being decided by the General Meeting of Shareholders based on the proposal of the Board of Directors. The dividend policy has also been specifically and clearly stipulated in the Charter of the Bank's organization and operation.

During the 36-year development journey in general and 15 years of listing on the stock exchange in particular, in addition to the goal of effective business and profit growth, VietinBank has continuously made positive contributions to the socio-economic development of the country through supporting businesses and people affected by the pandemic to recover production and business; building policies and products to create flexible mechanisms in financing green projects; at the same time, always prioritizing resources to finance investment projects in the fields of environmental protection, climate change response and sustainable development. In addition, VietinBank is also one of the leading banks in social security work to spread positive values and fulfill its responsibility to the community.

With the mission of "being a pioneer bank in developing the country on the basis of bringing optimal value to customers, shareholders, employees, partners and the community", VietinBank's contributions to the economy in general, and to the stock market in particular, will certainly increase. This is also the message that Chairman of the Board of Directors Tran Minh Binh affirmed: "We are committed to always making every effort and dedicating the best and most effective resources to become a responsible bank for the benefit of the country, shareholders, partners, customers, community and employees".

Dear customers, shareholders, and investors, please participate in voting for CTG shares to be in the Top 3 Listed Enterprises with the Most Favorite Investor Relations Activities in 2024 (IR Awards 2024) at the link https://ir.vietstock.vn/binh-chon-dai-chung.htm and have the opportunity to win many attractive prizes from the Organizing Committee (1 Special Prize, 10 First Prizes, 20 Second Prizes, 30 Third Prizes).

Voting period: From August 1, 2024 to August 14, 2024.