Vietnam-Russia Joint Venture Bank (VRB)

Vietnam-Russia Joint Venture Bank (VRB)


  • Overview:

Vietnam-Russia Joint Venture Bank (VRB) was launched in Ha Noi on 19/11/2006. The economic co-operation of the two Governments and Central Banks resulted in the opening of VRB and new opportunities for co-operation of the two economies and the financial systems. VRB is a joint venture bank between the two leading banks in Vietnam and Russia, Bank for Investment and Development of Vietnam (BIDV), accounts for 50%  and Bank for Foreign Trade of Russia (VTB) with the other 50% of chartered capital. Targeting customers of the Bank are Vietnamese and Russian individual as well as individual companies in Vietnam market.

  • Our offer solution:


+ Core Banking FLEXCUBE 10.1

+ Upgrading SMS system and Internet Banking

+ Oracle Payment Gateway

+ Fund Transfer Pricing (Optimus owned solution).

+ Customer Experiences Solution of Oracle on cloud-based (1st cloud project in banking in Vietnam)