A B R I E F H I S T O R Y O F

The State Bank of Vietnam (French:

Banque d'État du Viêt Nam) is the central
bank of Vietnam. It currently holds an about

STATE 65% stake of VietinBank - the country's

largest listed bank by capital.

MAY 5, 1951
President Ho Chi Minh signed
BANK OF Decision 15/SL on the
establishment of the Vietnam
National Bank

VIETNAM
1951 - 1954
Released Bank banknote and
reclaimed Finance banknote

20 OCT, 1961
The Vietnam National Bank was
renamed as the State Bank of
Vietnam

1955 - 1975
Consolidated Money market
and expanded Credit
operations 1975 - 1985
The ten-year postwar
economic recovery period

MAR 1988
The Council of Government
issued Decree No. 53/HDBT
laying the foundation to
"transform the banking
system to commercial
operations”
MAY 1990
The Ordinance on the State
Bank of Vietnam and
ordinance on banking, credit
co-operatives and finance
companies, were enacted

1990 - NOW

The functions, roles and

responsibilities and structure of the
SBV continue to be supplemented
and completed in line with the Law
on the State Bank of Vietnam and
the Law on Credit institutions