About VRB
VRB – Proud to be the only joint venture bank between two leading financial institutions: BIDV (Vietnam) and VTB (Russian Federation)
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Year of Official Establishment
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Strong Charter Capital Foundation
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Branches & Transaction Offices
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Seamless VND–RUB Fund Flow Connectivity
VRB's Commitment
“Connecting Success,
Growing Together”
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
VRB is a joint venture between the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and VTB Bank (formerly Vneshtorgbank – the Foreign Trade Bank of Russia), each contributing 49.5% of the capital, while NGS Company contributes the remaining 1% of the charter capital.
To become a leading modern commercial bank and an indispensable financial partner in the trade ecosystem connecting Vietnam, the Russian Federation, and CIS countries.
Team members
The Synergy of Vietnam–Russia Strength
VRB’s core strength lies not only in its solid capital foundation but also in the close collaboration of financial experts from Vietnam and the Russian Federation. With deep understanding of the business environment, culture, and legal frameworks of both countries, the VRB team proudly removes barriers and delivers dedicated, in-depth consulting services along with the most accurate financial solutions for customers.
2006
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2007
As of December 12, 2024, VRB’s charter capital exceeded USD 170.2 million, contributed by three shareholders: BIDV and VTB Bank, each holding an equal 49.5% stake of the charter capital, and Equipment and Communications Joint Stock Company (NGS), holding the remaining 1%.
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2008
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2009
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2010
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2011
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2012
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
2013
On November 19, 2006, the Vietnam–Russia Joint Venture Bank (VRB) was officially inaugurated as a result of economic cooperation between the Governments and Central Banks of the two countries, creating opportunities to connect the two financial systems. VRB was honored to welcome President of Vietnam Nguyen Minh Triet and President of Russia Vladimir V. Putin on its opening day.
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