VietNamNet Bridge – Vietinbank and Vietcombank, assessed at $197 million and $157 million, respectively, are among the top 500 banking brands worldwide, Brand Finance announced yesterday.

On the list titled “Banking 500 - The most valuable banking brands of 2015”, the Vietnam Bank for Industry and Trade (Vietinbank) ranked 437th with $197 million in value and an A-rated brand and the Bank for Foreign Trade of Vietnam (Vietcombank) was at the position of 487th, with an A + rated brand.

This is the third time Vietinbank was named on this list. Earlier, in 2013 and 2012, the bank ranked 328th and 434th, respectively, with the value of $159 million (2012) and $271 million (2013). For Vietcombank, this is the first year it was named on the list.

Wells Fargo Bank (USA) is ranked number one in the world with a brand value of $34 billion. The US continues to have the highest number of best banking brands with 60 banks and a total value of about $201 billion.

However, the bank in the second position is the Chinese ICBC Bank. China also has half of the top 10 brands.

Brand Finance is a leading consulting firm in evaluating brands. It was founded in 1996, and is headquartered in London.

The list is published annually in the February issue of The Banker Journal.

Huy Minh