As of December 2022, 1,181 financial institutions were 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 as of December 2022, by type
*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 23, 2023). Number of financial institutions in Vietnam in as of December 2022, by type [Graph]. In Statista. Retrieved January 20, 2025, from https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed
State Bank of Vietnam. "Number of financial institutions in Vietnam in as of December 2022, by type." Chart. December 23, 2023. Statista. Accessed January 20, 2025. https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed
State Bank of Vietnam. (2023). Number of financial institutions in Vietnam in as of December 2022, by type. Statista. Statista Inc.. Accessed: January 20, 2025. https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed
State Bank of Vietnam. "Number of Financial Institutions in Vietnam in as of December 2022, by Type." Statista, Statista Inc., 23 Dec 2023, https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed
State Bank of Vietnam, Number of financial institutions in Vietnam in as of December 2022, by type Statista, https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed (last visited January 20, 2025)
Number of financial institutions in Vietnam in as of December 2022, by type [Graph], State Bank of Vietnam, December 23, 2023. [Online]. Available: https://www.statista.com/statistics/1337466/vietnam-number-of-financial-institutions/?__sso_cookie_checker=failed