Tien Phong Commercial Joint Stock Bank established

Cập nhật vào lúc: 05/12/2008 09:15

May 7th, 2008 the FPT Commercial Joint Stock Bank project officially received its establishment and operation permit from the State Bank of Vietnam, operating under the name TienPhongBank (Tien Phong means Pioneering).

TienPhongBank founding members are the Corporation for Financing and Promoting Technology FPT, Vietnam Mobile Services (VMS) Mobifone, Vietnam National Reinsurance Corporation (Vinare) and other stakeholders. The investment and cooperation brought about by these organizations gives TienPhongBank an edge in information technology, mobile telecommunications technology, and finance. Complimented with diverse products, and services portfolio, these are the main factors contributing to the provision of safe, simple, and convenient banking and finance services for customers.

Mr. Lê Quang Tiến – President of the Management Board (Deputy President of FPT Management Board) said in a statement: “Banking and finance are areas of strategic importance to FPT, the creation of TienPhongBank is a milestone for FPT, VMS Mobifone, Vinare and stakeholders. I believe TienphongBank can take on the experience of its founding members, as well as utilize each organization’s unique advantages to bring customers, and the community the best products and services. This is our long term aim.”

TienPhongBank’s growth strategy emphasizes on creation of a modern bank in both operations and structures, a professional and friendly work culture, to be customers’ bank of choice as well as employer of choice.

Mr. Đào Trọng Khanh – CEO of TienPhongBank says: “Beside implementing modern banking management methods in accordance with international standards, TienPhongBank is the first bank to implement ISO 9001:2000 quality control standards right from the start, to ensure effective operations, minimize operation and network risks, improve productivity and cut costs. With experienced staff that have worked at various prestigious domestic and international banks, professionalism, careful preparations over the past one year, we believe TienPhongBank will bring customers the best possible values.”

TienPhongBank will officially go into operation in mid-2008 with total capital of VND 1 trillion, with plans to raise total capital to VND 3 trillion after one year of operation. TienPhongBank expects to employ a staff of 600 in 2008, with operations in Hanoi , Hochiminh City , Danang, Can Tho, Haiphong . It will also provide electronic transactions for customers’ convenience.

More information about TienPhongBank

Vietnamese name: Ngân hàng Thương mại Cổ phần Tiên Phong

Operating name: TienPhongBank


Headquarter: 2nd Floor, FPT Building , Cầu Giấy Dist.
Tel: 04.7688998
Fax: 04.7688979


About Tiên Phong Bank culture: www.u2b.com.vn
About Tiên Phong Bank career opportunities: www.u2b.com.vn/tuyendung


Dương Việt Hồng
PR specialist – Deputy head of PR/Marketing Division
Tel. 08-4-7688998 (ext. 6181)
Mobile : 0904099913
Email: hongdv@fpt.com.vn