List of Japanese banks in Vietnam is active and growing quite strongly today. What do you know about these banks? Immediately read the shares below for details about Japanese banks in Vietnam.
first.List of Japanese banks in Vietnam 2022
In Vietnam, there are many foreign banks operating. Japanese banks in Vietnam have also gained certain trust with many customers. So how many Japanese banks are there in Vietnam now?
STT | Bank name | Branch address in Vietnam |
first | Mizuho Bank Mizuho Bank |
|
2 | Bank Sumitomo Mitsui Bank |
|
3 | Bank Ogaki Kyoritsu |
|
4 | MUFG Bank |
|
5 | Acom Bank Co., Ltd Japan |
|
6 | Bank Mitsubishi UFJ Lease & Finance Company Limited |
|
2.General characteristics of Japanese banks in Vietnam
In Vietnam, Japanese banks are subsidiaries and branches separated from the parent bank. The majority of parent banks are based overseas.
These are banks with 100% foreign investment and licensed by the state. Conditions for banks to operate in Vietnam are:
- Having a large charter capital
- Good service quality
- Good human resources
- Investment in infrastructure, materials and modern service equipment,…
Japanese banks in Vietnam have had many good products and services, affirming their position. Customers wishing to study abroad, travel or work in Japan can find information about banks below.
3.Top 6 Japanese banks in Vietnam today
Mizuho Bank Mizuho Bank
This is the largest Japanese bank in Vietnam with 100% foreign capital. In Vietnam market, this bank has 2 large branches in Hanoi and Ho Chi Minh City.
Services/products at Mizuho Mizuho Bank:
- Savings packages by term, no term with low interest rates
- Support credit limit in many forms: loan, rediscount, discount
- Support to open bank account card
- Buying and selling securities bonds such as government bonds, corporate bonds
- Offers foreign exchange rates in both domestic and international markets
- Exchange, buy and sell foreign currency products,…
- Payment of checks, payment orders, payment orders, bank cards, collection of letters of credit, etc.
Bank Sumitomo Mitsui Bank
Sumitomo Mitsui Bank is a long-standing Japanese bank in Vietnam. Therefore, this bank is trusted by a large number of customers and chooses to use many services.
Sumitomo Mitsui Bank provides a wide range of banking and financial services and products. The bank operates under the motto of speed, safety, absolute confidentiality of customer information.
Products/services at Sumitomo Mitsui Bank:
- Mortgage loans, mortgages,…
- Investment, brokerage of securities or investment funds, etc.
- Currency exchange
- Card products such as credit cards, international cards, etc.
Bank Ogaki Kyoritsu
This is a new bank appearing in the Vietnamese market. Representative office in District 1, City. Ho Chi Minh City with 100% foreign capital. In 2011, Ogaki Kyoritsu Bank was licensed to operate in Vietnam. The first branch office is present in Ho Chi Minh City.
All business activities comply with the regulations of the State Bank. This bank has a team of experienced and reputable staff and leaders. Areas of business activities at the bank:
- Credit
- Borrow money, receive deposits
- Insurance
- Forex, currency exchange
- Loan packages
MUFG Bank
MUFG Bank was established in January 2006 with the merger of two banks Tokyo-Mitsubishi, Ltd and UFJ Bank Ltd. This has developed the strongest and most developed financial potential in Japan.
Currently, this bank has expanded to many countries around the world. Vietnam is a potential market that MUFG Bank.
Currently, the bank has opened 2 branches in Hanoi and Ho Chi Minh City, which have been licensed to operate since 2013.
The Bank mainly operates in the following areas:
- Consulting information and financial investment for businesses
- Providing services, guaranteeing projects, bidding, payment,…
Acom Bank Co., Ltd Japan
This bank was founded in 1936 by Masao Kinoshita in Tokyo. Acom Bank Co., Ltd Japan has opened a representative branch in Vietnam.
A bank operating with the motto of putting the interests of customers first. With the desire to bring satisfaction, put yourself in the customer to serve and advise. Therefore, Acom Bank Co., Ltd Japan is always satisfied and appreciated by customers.
The Bank provides services/products including:
- Credit management
- Internet Banking services, ATM machines
- Open Credit Card Busi-ness, Mastercard
- Unsecured loan products, installment payments
- Financial services,…
- Investing in stocks…
Bank Mitsubishi UFJ Lease & Finance Company Limited
This is a Japanese bank established in 1971. Currently, this bank has opened 2 branches in 2 big cities of Vietnam, Hanoi and Ho Chi Minh City.
The bank has fields of activities including installment payments, loans, leasing, insurance packages and consulting services, etc.
4.Notes when making transactions at Bank of Japan in Vietnam
In order to ensure a smooth transaction process at Japanese banks in Vietnam. Here are a few things to keep in mind:
- No need to worry if you don't know Japanese, you can still trade smoothly.
- Bank of Japan has 100% foreign capital but all activities are managed and organized by Vietnamese people.
- The working hours of most banks comply with Vietnam's business hours
- The number of ATMs for transactions of Japanese banks, so customers need to perform on cards will be more difficult than domestic banks.
See more: List of American banks in Vietnam
Conclude
All information about List of Japanese banks in Vietnam introduced to readers. Hope these will help you understand the benefits and understand well about Japanese banks in Vietnam.
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