HA NOI — The Global Finance Magazine recently awarded the prize of "Best Emerging Market Bank 2012 in Asia" to the Commercial and Technology Joint Stock Bank (Techcombank).
Last year, the bank posted a pre-tax profit of VND4.2 trillion (US$200 million), up 53.2 per cent over the previous year.
Its total assets increased by 20.4 per cent, reaching VND180.8 trillion ($8.6 billion) by the end of 2011.
Global Finance is an English-language monthly financial magazine based in New York. The magazine in financial globalisation is distributed in 163 countries. — VNS