BAC A BANK hits award with foreign exchange transaction

March 28, 2024 | 10:03

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Within the framework of the Vietnam FX Awards 2024 held in Hanoi recently, Bac A Commercial Joint Stock Bank (BAC A BANK) was honoured to be granted the award of Top 5 Banks with the largest foreign exchange trading volume in Vietnam on FX matching year 2023 awarded by the London Stock Exchange Group (LSEG).

BAC A BANK offers new loans with preferential rates

Representatives from BAC A BANK received the award

Vietnam FX Awards is an annual award evaluated by the LSEG with the purpose of honouring credit institutions and branches of foreign banks with excellent foreign exchange business activities in the Vietnamese market.

The list of awards is compiled and considered based on strict criteria coming from actual statistical results of anonymous automatic order matching (FX matching) foreign currency transactions of nearly 40 domestic and foreign banks operating in Vietnam on an interbank foreign currency trading system (LSEG FX Matching) under the management of the State Bank of Vietnam.

With positive activities in the foreign exchange market in 2023, BAC A BANK was honoured as one of the five banks with the largest foreign exchange transactions in Vietnam (Top 5 Matching Volume Traded) at the Vietnam FX Awards 2024 organised on March 22.

This achievement reflects the recognition for BAC A BANK’s flexible policies and diverse product system during its operations in the foreign exchange market.

A BAC A BANK representative said, “In foreign exchange business activities to optimise customer benefits, BAC A BANK applies advanced security technology, ensuring smooth and safe transactions. Besides that, BAC A BANK’s products and policies are relatively diverse, helping customers have many choices with maximum financial benefits.”

“With a business orientation that satisfies market needs, the award at the awards is a testament to the bank’s best efforts and once again affirms its sustainable and trustworthy position in the current financial market.”

BAC A BANK twice-honoured at APEA 2023

BAC A BANK has been awarded a prize at this year's Asia Pacific Enterprise Awards (APEA 2023), and Thai Huong, the bank's general director, has been honoured with an award in the 'Master Entrepreneur' category.

BAC A BANK offers preferential lending rates

BAC A BANK is to carry out a special short-term interest rate incentive scheme worth VND1 trillion ($42.2 million) from now until January 31, or until when the sum has been disbursed, available to businesses from all sectors.

Thai Huong honoured for her sustainable development work

The Le Fonti Global Awards took place in Dubai on December 14, where Thai Huong, the founder and chairwoman of TH Group’s Strategy Council, and general director of Bac A Commercial Joint-Stock Bank (BAC A BANK), was honoured under the category of 'Global Sustainable Development'.

By Thanh Dat

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