On October 27, 2020, Kien Long Commercial Joint Stock Bank (Kienlongbank) celebrated its 25th anniversary (October 27, 1995 - October 27, 2020), continuing to affirm a brand with a vision to become a Green Brand and develop sustainably in the banking industry in Vietnam.
Kienlongbank was established in 1995 in Kien Giang province, with an initial charter capital of about VND 1.2 billion. Feeling empathy and understanding with farmers in finding capital sources to serve production, avoiding external loans with high interest rates, a team of associates with the same determination, unanimous, like-minded, pass over obstacles to put the first bricks in Kien Giang to build the Kienlongbank brand. With a history of 25 years of establishment and development, Kienlongbank has become one of the oldest joint stock commercial banks in the Mekong Delta region, with headquarters at 40-42-44, Pham Hong Thai, Vinh Thanh Van Ward, Rach Gia City, Kien Giang Province.
Through the restructuring period of the Vietnamese banking industry, Kienlongbank is one of 12 rural joint stock commercial banks that has transformed into an urban joint stock commercial bank and has developed stably and sustainably until today. As a “self-restructured” bank, Kienlongbank is one of the few banks that still operate stably, constantly develop, always maintain the safety targets and comply with the regulations of laws and of the State Bank.
Today's results of Kienlongbank are a long process of determination, efforts, and passion with job of generations of leaders, employees, collaborators.
During the course of operation, Kienlongbank has been constantly developing, growing in both size and quality of operation, and has a firm position in Vietnam's financial and banking market. As of October 2020, Kienlongbank currently has 134 branches and transaction offices in 28 provinces and cities nationwide, with a charter capital of VND 3,237 billion (an increase of 2,600 times compared to 1995), total assets reached VND 55,425 billion (as of June 30, 2020) and more than 5,000 officers, employees, collaborators. Kienlongbank is providing customers from all economic sectors with the most comprehensive, safe, economical and effective financial products, services and financial solutions.
In its business activities, Kienlongbank aims to perfect and diversify financial services and standards in line with international practice, modern information technology systems, and strengthen cooperation with reputation partners for optimal quality products and services, customer’s experience. At the same time, Kienlongbank is a volunteer accompanying the State Bank and local authorities in social security programs as spirit of "Willing to share".
Kienlongbank continues to bring optimal quality products and services, improving customer experience across the country
Reviewing 25-year development path of Kienlongbank, Ms. Tran Tuan Anh - Board of Directors Member, General Director said: “The success of Kienlongbank comes from many aspects. Above all, I think today's result is a long process of determination, efforts, passion of generations of leaders, employees, collaborators to dedicate and build Kienlongbank successfully. I realize how fortunate I am to inherit the results of those who worked before. I would like to express my deep appreciation and gratitude to the generations of leaders and employees, collaborators; Thank you for the trust and cooperation of shareholders, partners and customers for Kienlongbank during the past 25 years. With positive contributions to the development of the country's economy, Kienlongbank's brand has been defined in the financial market with the position of Top 100 largest public companies in Vietnam announced by Forbes Vietnam in 2019; Third Class Labor Medal; Certificate of Merit from the Prime Minister; Certificate of Merit from the State Bank ... and many other noble awards. In 2020, in order to ensure the safety and prevention of the Covid-19 epidemic, Kienlongbank postponed a the events of gratitude to the 25th anniversary of founding. This is quite a pity, but at this time, we are aware of and give priority to ensuring the health of social communities and customers, cooperating with whole industry and the country to restore the economy, stable and long-term development is always on top priority."
With operating platforms and business advantages, Kienlongbank continues to operate under the goals of safety, sustainability and reasonable profit, focusing on improving, developing products and services, maintaining and developing traditional customer segments with many advantages such as agriculture, rural, manufacturing - small businesses, small and medium enterprises. In 2020, Kienlongbank aims to ensure stable growth of business indexes, reasonable profitability and safety in all aspects of operations, becoming the top retail bank in Vietnam.