Vietnam Banking Association (abbreviated as VNBA) was established based on Decision No. 247 / TTg, May 14, 1994 of the Prime Minister of Republic of Socialist Vietnam and Decision 131 / TCCP, October 5, 1994 by the Minister, Head of Government Staff Organization (now the Ministry of Home Affairs). These laws are recognized Charter Bank Association (HHNH) Vietnam. Decision No. 43/2003 / QD-BNV, August 1, 2003 by the Minister of the Interior approved the Charter (as amended and supplemented) by HHNH Vietnam.
VNBA is a voluntary professional organization of the Vietnam credit institutions; operating under the principles of voluntariness, autonomy, self-responsibility in all aspects; gather and mobilize members to cooperate and support each other in business activities; represent and protect the legitimate interests and rights of the members; as a bridge between the members and the State authorities; aim to stability and healthy development, effective, safe system of credit organizations in Vietnam, thereby contributing to implementation of monetary policy, promote economic development and social.
As of 31/03/2012, there are 53 members in VNBA, including 6 banks and institutions owned by the Government (which has 4 state-owned commercial banks are in the process of equitization) 34 Joint-stock commercial banks, 2 joint stock banks and 11 finance companies
