Vietcombank named best bank in Vietnam by Alpha Southeast Asia

Tuesday, 2017-09-19 10:18:19
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NDO - Vietcombank has been named the best bank in Vietnam in 2017 by Alpha Southeast Asia (Alpha SEA) magazine.

The annual award is given to the top financial institution in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

In Vietnam, Vietcombank is given credit for its efficient business strategy and management model with a view of offering its customers services that meet international standards.

The lender is also recognised for its effective adaptation to new developments in the market and responding to customers’ needs.

With this award, Vietcombank continues to affirm its position as one of the best-performing banks in the domestic market, and its goal of becoming one of the top 100 financial institutions in the region and to reach the global top 300 by 2020.

In the past, Vietcombank was also named Vietnam’s best bank, best trade finance bank, best FX bank for corporates & financial institution in 2014, and Vietnam’s best bank in 2015.

In 2016, the bank’s total assets reached VND787.9 trillion (US$34.7 billion), up 16.8% from a year earlier, and reported a pre-tax profit of VND8.52 trillion (US$375 million).