BPCE IOM HO CHI MINH CITY BRANCH

Our presence in Vietnam began in November 1988, when the former Banque Française du Commerce Extérieur (BFCE) became the first foreign bank authorized to open a Representative Office in Ho Chi Minh City. In line with Vietnam’s Đổi Mới reforms and the expansion of trade between France, Asia, and Vietnam, a second Representative Office was established in Hanoi in 1991. In June 1992, the Ho Chi Minh City office was upgraded a full Banking Branch under License No. 06/NH-GP issued by the State Bank of Vietnam, positioning our bank among the longest-established foreign bank branches operating in Vietnam today.

Our Branch is part of Groupe BPCE, the second-largest banking group in France, whose formation and development are outlined in the chart below.