IR Presentation

Quarter II - 2015

Improving the values of life

Table of contents1. General information

2. Investment highlights

3. Performance

1. General information Important Milestones Corporate Vision & Strategic Objectives Organization Structure Awards

VietinBank Overview

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is a leading financial and banking group, plays a key role in Vietnamese financial-banking system.

1988 Established upon the separation from The State Bank of Vietnam (SBV).

2008 Went public through IPO and listed on Hochiminh Stock Exchange (HOSE) one year later

2009 Officially renamed into Vietnam Joint Stock Commercial Bank for Industry and Trade (or VietinBank in short)

2011 IFC officially became the foreign strategic shareholder of VietinBank with 10% stake ownership

2012

Became the first bank in Vietnam to successfully issue USD250mil international bond listed on Singapore Exchange

Sold 19.73% stake to Bank of Tokyo-Mitsubishi UFJ (BTMU) as a second foreign strategic shareholder.

Corporate Vision & Strategic Objectives

Continue to complete the organizational structure vertically, increase business network1

Improve service quality2

Enhance risk management capabilities in line with international practice, apply Basel II standards3

Strengthen corporate governance, efficient governance in accordance with international practice4

Accelerate the modernization of the Bank’s IT system5

Create added value for stakeholders, employees and customers6

Vision Striving to become the leading financial group in Vietnam and high ranking bank in the international market

Strategic Objectives

Motto Growing prudentially, efficiently and sustainably

Robust group structure

Head Office

Operation Centre Branches Representative Offices Non-profit Making Units Subsidiaries & Affiliates

Transaction Offices

VietinBank Leasing

Company Ltd

VietinBank Securities Joint Stock company

VietinBank Debt and

Asset Management Company Ltd

VietinBank Insurance

Company Ltd

VietinBank Aviva Life

Insurance Joint Venture

Company

VietinBank Fund

Management Company

Ltd

Financial Leasing

Asset management

Non-life insurance Life Insurance Fund

managementBanking and

Finance

VietinBank Gold and Jewelry

Trading company Ltd

Securities

Indovina Joint Venture

Bank

Manufacture, design and trade

in gold and precious metals

and gems

1 2 3 4 5 6

Saving Offices

VietinBank Global Money

Transfer Company Ltd

International Remittance

7 8 10

VietinBank Lao Ltd

Banking and

Finance

9

Solid management structure and governance

Supervisory Board

Board of Directors

Board of Management

Internal Audit Department

Committees

Secretariat to Board

Risk Management Committee

HR and Remuneration

Committee

Policy Committee

Assets and Liabilities

Management Committee

Head OfficeMain Operation

Center and Branches

Non-profit Making Units

Representative offices

Transaction Offices and

Savings Offices

Credit CommitteeFinancial Institutions Committee

Divisions and Departments

General Shareholder s’ Meeting

Awards

According to Brand Finance, VietinBank brand name is grade A and worth 197 million USD, ranked the 437 th in the world. This is the 3rd time VietinBank was selected and shortlisted into Top 500 financial institutions with strong brand name – the most valuable awards for the banks in the world.

According to Vietnam Report và Vietnamnet E-Newspaper, VietinBank ranked the 20 th among Top 500 big corporations in Viet Nam (VNR500). At the same time, VietinBank was honored to be shortlisted into best enterprises in Viet Nam.

VietinBank was also named the 3rd consecutive times and ranked the 1.854th in 2014 by the Forbes Global 2.000 awards.

• Ranked the 437th, 328th and 434th for 2014, 2013 and 2012 respectively.

• Ranked the 20th in the Top 500 Vietnam Group

• The best awards in Viet Nam

• Awarded by the Ministry of Industry and Trade

• Awarded the 11th consecutive time in 2014

• Being honored as a leading business in the financial sector to pay corporate income tax.

• Ranked the 5th and in five consecutive years, VietinBank in the Top 10 Business

• Awarded the organizations that providing the best financial services in Vietnam

• Ranked the 1.854th in 2014• Awarded the 3rd consecutive years.

2. Investment highlights Chartered Capital, Total Equity and Total Asset Market Share Network Brand name & Client base Shareholder support Corporate governance and HR Operating results vs. other listed banks

Strong abilities

23

4

56

7

8

1

Top financial institution in Vietnam with dominant market share: • Loans (12.3%)• Mobilized fund (10.4%)• Investment Banking (16.5%)• Remittance (15%)• International payment (12.9%)• Leading position in cards services (21%)

Highest operational efficiency and most remarkable business performance in Vietnamese banking system

World-wide and Nation-wide network

Largest scale in Charter Capital and Total Equity

Experienced management team and effective human resources

A strong brand name with a diversified client base

Strong shareholder support

Solid infrastructure with modern technology system

Investment Highlights

Large scale & dominant market share

Assets (USD, Bil)

Equity (USD, Mil)

Chartered Capital (USD, Mil)

Networks(units)

Stat

e-ow

ned

cred

it in

stitu

tions

Join

t-sto

ck c

omm

erci

al b

anks

8

9

6

10

9

27

33

32

503

820

668

875

569

2,115

1,626

2,519

409

535

570

573

433

1,230

1,453

1,718

408

417

318

346

328

725

1,092

Note: Data as of 30/06/2015

Network Overview

Presence across the nation:• 01 Head Office in Hanoi• 01 Main Operation Center in Hanoi• 149 Local branches with over 900 transaction offices

and savings offices in all cities and provinces• 02 Representative offices in Da Nang and Ho Chi

Minh City• 03 Functional units• 07 Subsidiaries (insurance, securities, financial

leasing, fund management, assets management, gold and jewelry, global money transfer)

• 02 Joint-venture companies (Indovina Bank & VietinBank Aviva Insurance Company)

• Nearly 2000 ATMs

Foreign expansion:• 01 Branch in Frankfurt, Germany• 01 Branch in Berlin, Germany• 01 Subsidiary in Laos (VietinBank Lao Ltd)• 01 Representative office in Myanmar

VietinBank has established banking relationships with 1000 banks in 90 countries and territories all over the world

1 Main Operation Center in Ha Noi

151 branches, over 900

transaction offices and

savings counters

3 Representative offices

2 Joint-Venture Companies

8 Subsidiaries

3 non-profit making units

North

72 Branches +01 Main Operation

Center

Central

27 Branches

South

51 Branches

Global Reach Plan

1 Main Operation Center in Ha Noi

151 branches, over 900 transaction

offices and savings counters

3Representative

offices

2 Joint-Venture Companies 8 Subsidiaries 3 non-profit making

units

Our current position We are also proud of having correspondences

with more than 1,000 banks in 90 countries

Opened branches: Frankfurt: Sep 2011 Laos : Feb 2012 Berlin : May 2012

Open representative office in Myanmar in 2013

For the period from 2014-2015: Upgrading VietinBank

Laos Branch into VietinBank Lao Ltd.,

Establishing VietinBank’s subsidiaries in Cambodia and the Republic of the Union of Myanmar

Reputable & Diversified Corporate Customer

VietinBank has fostered strong banking relationships with some of the most well-established corporates in Vietnam

Structure of ownership

Major Shareholders’ stakes

Shareholder

VietnameseGovernment

IFC

BTMU

Support

Government owns 64.46% of VietinBank’s Charter Capital. Government ownership ratio will not fall below 51% at any time.

The majority of Board of Director’s members are appointed by the Government.

Cooperation Agreement with IFC covers: Risk management Banking services for SMEs Energy Efficiency Project Information technology

Technical Assistance & Business Collaboration Agreement  with BTMU covers: Risk management & Basel II Implementation Information technology  Investment banking Retail and SMEs banking Cash collection and settlement service

64.46%8.03%

19.73%

7.78%

State Bank of Vietnam IFC

BTMU Others

Major shareholders’ supports

2015’s strategic objectives

Strengthen capital base to enhance financial strength (CAR>9%, ROE in the range of 10-11% and ROA in the range of 1-1.2%)

Continues to consolidate organizational structure and operating model with the launch of the ORP project (consulted by McKinsey and Ernst & Young)

Improve service quality to increase the portion of non-interest income

Focus on Commercial Banking and Investment Banking pillars

Enlarge the retail banking business

Expand market and client base to increase market share.

Expand distribution network both domestically and internationally

Dividend: 7-9%Focus on risk management: NPL ratio/total credit exposure <3.0%

Growth: Assets: 13% Mobilized fund: 14% Credit: 13% (SBV approved to

raise to 16%)

VietinBank vs. other banks – Q2/2015

(Unit: USD Million) CTG BIDV VCB ACB STB EIB MBB SHB AverageTotal Assets 31,641 33,443 26,601 8,743 9,725 6,006 9,432 8,201 16,724 Chartered capital 1,718 1,453 1,230 433 573 570 535 409 865 Balance sheet                  Placements with and loans to other banks 2,209 2,263 4,998 236 225 424 884 856 1,512

Loans and advances to customers 22,174 23,912 15,722 5,922 6,492 3,852 5,115 5,472 11,083 Trading and investment securities 4,868 4,717 4,656 1,877 1,806 1,054 2,810 835 2,828 Trading securities 61 163 454 46 563 0 498 1 223 Investment securities 4,806 4,555 4,202 1,831 1,243 1,054 2,312 834 2,605 Long-term investments 179 232 163 34 13 89 69 14 99 Other assets 1,229 901 366 400 421 177 351 721 571 Liabilities                  Deposits and borrowings from other banks 4,790 3,416 2,241 362 282 332 355 794 1,572

Customer deposits 20,726 24,503 21,207 7,494 8,303 4,779 7,895 6,503 12,677 Financing funds, entrusted funds 1,878 1,595 0 8 92 0 9 12 449 Other liabilities 1,165 903 557 171 173 86 207 129 424 Owner's equity and Funds 2,519 1,626 2,115 569 875 668 820 503 1,212 Income statement (accummulated)                  

Net interest and similar income 444 391 326 127 183 53 179 67 221 Net profit from services 31 48 44 16 24 7 11 3 23 Other income 32 71 80 5 8 5 20 0 28 Total income 508 510 450 147 215 65 210 71 272 Operating expenses 212 201 150 91 105 50 71 37 114 Provision for credit losses 117 164 154 23 32 8 55 11 71 Profit before tax 179 145 145 34 70 26 84 22 88 Profit after tax 140 116 113 26 54 20 66 17 69

3. Performance Stable deposits growth & high liquidity High credit growth, well controlled NPL ratio Safe & diversified securities portfolio Strong financial results Contribution in subsidiaries CTG Stock Performance

Stable deposits growth

Mobilized Fund structure (USD, Mil) Deposits of customers & credit institutions (USD, Mil)

Inner ring: As at 31 Dec 2014: USD 28,040 MilOuter ring: As at 30 Jun 2015: USD 28,365 Mil

0.79%

17%

71%

5%1%

4%

0.31%

17%

73%

7% 2%1%

Due to Gov and SBVDeposits & borrowing from other banksCustomer DepositsSponsor capital, Entrusted InvestmentValue paper issuedOther mobilized funds

0

5,000

10,000

15,000

20,000

25,000

30,000

9,56612,050

13,56817,156

19,95719,967

20,7261,492

3,366

4,572

3,796

4,895 3,6234,790

Deposit &borrowing from other banksCustomer Deposits

High liquidity

Customer Deposit Breakdown by Type of business (31.12.2014)

Customer Deposit Breakdown by by Tenor (30.06.2015)

CAR ratio

14.03%

82.65%

0.55%

2.77%Demand deposits

Term deposits

Deposits for specific purpose

Margin deposit20

1020

1120

1220

1320

14

Q1/201

5

Q2/201

50%

2%

4%

6%

8%

10%

12%

14%

8.02%

10.57%10.33%

13.17%

10.40%

11.46% 11.46%

26.01%

7.17%

4.78%55.81%

6.23%SOEs Other business entities

FDI Individuals

Others

High credit growth, sustainable LAR ratio

Total loans and advances to customer (USD, Mil)

Loan Breakdown by Type of business (31.12.2014)

Loan to Total assets ratio

Loan Breakdown by Tenor (30.06.2015)

2010 2011 2012 2013 2014 Q1/2015 Q2/20150

5,000

10,000

15,000

20,000

25,000

11,01813,811

15,69017,711

20,704 20,97422,174

2010 2011 2012 2013 2014 1Q2015 2Q2015

63.69% 63.71%

66.20%65.28%

66.53%

69.69% 70.08%

57.95%

10.05%

32.00%

Short term

Medium term

Long term

31.86%

46.30%

4.41%16.81%

0.62%SOEs

Other business entities

FDI

Individuals

Others

2010 2011 2012 2013 2014 Q1/2015 Q2/2015

63.69% 63.71%

66.20% 65.28%66.53%

69.69% 70.08%

NPL ratio is well controlled

Group

Q2/2015 Q1/2015 2014 2013 2012 2011

Value

(USD, mil)

%Value

(USD, mil)

%Value

(USD, mil)

%Value

(USD, mil)

%Value

(USD, mil)

%Value

(USD, mil)

%

Group 1

Current21,676 97.75 20,312 96.84 20,295 98.03 17,404 98.27 15,394 98.11 13,424 97.20

Group 2

Special mention

176 0.79 285 1.36 177 0.86 129 0.73 66 0.42 283 2.05

NPLs 322 1.45 377 1.80 231 1.12 177 1.00 230 1.47 104 0.75

Total 22,174 100 20,974 100 20,704 100 17,711 100 15,690 100 13,811 100

2008 2009 2010 2011 2012 2013 2014 Q1/2015 Q2/20150.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%

1.81% 0.61% 0.66% 0.75%

1.47%1.00% 1.12%

1.80%1.45%

2.10%2.50% 2.40%

3.47%

4.09%3.79%

3.25%3.81%

3.15% (*)

VietinBank

Banking average

(*): NPL ratio of banking industry by the end of May 2015

•VietinBank has a robust credit systems, clearly defining relevant exposure limits and credit risk appetite

•Such systems are enhanced by a strong credit culture, benefiting from well-defined delegations of authority and reporting lines

Robust Credit Systems

•Loans and advances are relatively well allocated according to business entities & industry sectors, ensuring a high degree of diversification of potential risks

•The credit policy has put in place strict exposure credit limits

Well Defined Sectoral, Single Party and Group Exposure Credit Limits

•Comprehensive and detailed loan classification and provisioning requirements and policies are in place, in consistent with regulatory norms and guidelines

•Existence of robust procedures have resulted in positive developments in non-performing asset measures in recent times

Comprehensive Loan Classification and

Provisioning Requirements

•Strong Credit risk management system is in place which has ensured improvement in the asset quality in this growing economic environment

Strong Credit Risk Management System

Asset Quality Management

Safe & diversified securities portfolio

Components of Investment portfolioInvestment portfolio (USD, Mil)

2010

2011

2012

2013

2014

Q1/201

5

Q2/201

50%

5%

10%

15%

20%

25%

30%

35%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

5,420

6,4336,332

7,539

8,327

7,108 7,303

31.1%29.7%

26.7% 27.8%26.8%

23.6%

24.5%

Total investment Investment to total asset ratio

43%

55%

0.06%

2% 30%

67%

0.11%

2%

Interbank Debt securities Equity securities

Long-term investments

Inner ring: As at 31 Dec 2014Outer ring: As at 30 Jun 2015

Strong financial results

Profit results (USD, Mil)

Financial ratios

Operating Income Breakdown

Cost to income ratio

2010 2011 2012 2013 2014 Q1/2015 Q2/20150

100

200

300

400

500

600

700

361

625 590 559 527

143

296

164

296 295 273 270

58140

Profit before provisions for credit losses Profit after tax

2010 2011 2012 2013 2014 Q1/2015 Q2/20150%

1%

2%

3%

0%

5%

10%

15%

20%

25%

30%

1.5%

2.0%1.7%

1.4%1.2%

1.0% 1.2%

22.1%

26.7%

19.9%

13.7%10.5% 9.0% 11.1%

ROA ROE

2010 2011 2012 2013 2014 Q1/2015 Q2/20150%

20%

40%

60%

80%

100%

82% 90% 84% 84% 84% 89% 87%

10% 5% 6% 7% 7% 5% 6%9% 5% 10% 9%

9% 6%6%

Other operating income Fees and commission incomeNet interest income

2010 2011 2012 2013 2014 Q1/2015 Q2/201536%

38%

40%

42%

44%

46%

48%

50%48.57%

40.57%

42.96%

45.49%46.72%

41.50% 41.68%

Contribution in subsidiaries

SubsidiariesTotal

contributed capital

(USD, mil)

Percentage of

contribution(%)

Charted capital as at

30.06.2015 (USD, mil)

Profit before tax as at

30.06.2015 (USD, mil)

VietinBank Fund Management Company Ltd 43.83 100% 43.83 1.71

VietinBank Leasing Company Ltd 36.91 100% 36.91 2.54

VietinBank Securities Joint Stock Company 36.45 75.61% 36.45 1.96

VietinBank Insurance Company Ltd 23.07 100% 23.07 1.35

VietinBank Gold and Jewelry Trading Company Ltd 13.84 100% 13.84 0.31

VietinBank Debt Management and Asset Exploitation Company Ltd

5.54 100% 5.54 0.05

Global Money Transfer Company Ltd 2.31 100% 2.31 0.26

CTG Stock Performance – 1H2015

Value

The closing price on 05th Jan 2015 13,900 VND/share

The closing price on 30th June 2015 19,200 VND/share

The highest prices in 1H2015 13,900 - 21,200 VND/share

Volume 279,451,620 shares

Trading value 5,455 Billion VND

The trading volume of foreign investors Net purchase 31,898,820 share

Foreign owned 1,101,488,251 cp (29.58%)

Current room of foreign investors

15,533,116 cp (0.42%)

EPS 1,630 VND/share

P/E (30th June 2015) 11.78x

BVPS 19,200 VND/share

P/B (30th June 2015) 1.42x05/01/2015 29/01/2015 04/03/2015 30/3/2015 23/4/2015 25/5/2015 18/06/2015

80%

100%

120%

140%

160%

180%

200%

Growth of VN-Index and Bank Stock -1H2015

CTG VCB BID MBB STB ACBVNIndex

05/01/2015 30/01/2015 06/03/2015 2/4/2015 5/5/2015 1/6/2015 26/06/20150

5

10

15

20

25

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

CTG Stock Performance – 1H2015

Volumn (Thousands of share) CTG price

Thou

sand

s do

ng

Website for investorshttp://investor.vietinbank.vn

For further information, please contact:

Investor Relations - Board of Director SecretariatsVietinBankAddress: 108 Tran Hung Dao street, Hanoi, Vietnam. Email: investor@vietinbank.vn Tel: 84-4-3 941 3622

Thank you!

Disclaimer : This presentation is prepared by using financial reports and other reliable sources with the aims to provide

information only. Readers should use this presentation as a reference source. The information might be updated from time to time and we have no responsibility to notify about that change.