|Representatives from Vietcombank receives three awards. — File Photo|Viet Nam News
HÀ NỘI – The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) has been honoured with three awards from The Asian Banker at its annual summit held in Singapore recently.
Vietcombank is the only bank in Việt Nam to receive these prestigious awards which evaluated the bank’s achievements in cash management, payments and trade finance.
Vietcombank has bagged many national and international awards. It is expected to become the No 1 bank in Việt Nam in 2020.
In the first quarter of this year, Vietcombank reported pre-tax profit of nearly VNĐ2.65 trillion (US$96.4 million), up 15 per cent year-on-year. The bank aims to grow pre-tax profit by 8 per cent year-on-year to VNĐ9.2 trillion and increasing total assets 11 per cent to VNĐ874.6 trillion in the whole year.
The Asian Banker, the region’s authoritative provider of strategic business intelligence to the financial services community, recognises achievements in the key business and operational areas of the banking industry. The purpose of these awards is to recognise annual achievements and winners in the competition for market share, product and operational excellence. – VNS