In 2020, there were 1,181 financial institutions falling under the category of people's credit funds in Vietnam. The country also recorded around 50 subsidiaries of foreign banks and 28 joint-stock commercial banks in the same year. By comparison, there were four microfinance institutions in Vietnam that year.
Number of financial institutions in Vietnam in 2020, by type
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Number of financial institutions
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*refer to banks that had negative capital and could not be restructured, and therefore were forced to sell all their shares to the State Bank of Vietnam at the price of 0 Vietnamese dong.
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State Bank of Vietnam. (December 17, 2021). Number of financial institutions in Vietnam in 2020, by type [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/
State Bank of Vietnam. "Number of financial institutions in Vietnam in 2020, by type." Chart. December 17, 2021. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/
State Bank of Vietnam. (2021). Number of financial institutions in Vietnam in 2020, by type. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/
State Bank of Vietnam. "Number of Financial Institutions in Vietnam in 2020, by Type." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/
State Bank of Vietnam, Number of financial institutions in Vietnam in 2020, by type Statista, https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/ (last visited July 03, 2024)
Number of financial institutions in Vietnam in 2020, by type [Graph], State Bank of Vietnam, December 17, 2021. [Online]. Available: https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/