Two Vietnamese banks honoured by Asian Banker

April 28, 2013 | 08:13
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The Asian Banker magazine has awarded the prestigious Best Cash Management Bank in Vietnam and Leading Counterparty Bank in Vietnam to the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).

The prizes were announced during the Asian Banker Summit in Jakarta, Indonesia on April 24-25.

Established in April 1963, Vietcombank is Vietnam’s leading provider of financial services for international trade, as well as capital mobilization, credit, and project funding.

It also offers modern banking services such as foreign currency exchange, credit and debit card services and e-banking.

This is the third consecutive year Vietcombank has been named the Best Bank in Vietnam for a variety of its operations.

Vietnam Export Import Bank (Eximbank) was also presented with the Best Managed Bank in Vietnam 2013 award by the magazine and its General Director.

Truong Van Phuoc,won the Asian Banker Leadership Achievement Award. The bank’s achievements are attributed to its enhanced competitive capacity and expanded scope of activities, as well as the director’s initiatives to develop its technological infrastructure.

It has also focused on developing its human resources, improving transaction processes, and increasing capital and financial rates to comply with the State Bank of Vietnam (SBV) regulations.


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