Hanoi, February 17th, 2014 - Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is recognized as “the Best Cash Management Bank in Vietnam 2013” and “the Best Trade Finance Bank in Vietnam 2013” by The Corporate Treasurer and FinanceAsia – Asia's leading magazines on banking and finance, increasing the bank’s total number of awards for cash management and trade finance to 15 in 2011-2013 period.
Besides FinanceAsia magazine, over the past years, the bank has received multiple prestigious awards for cash management and trade finance from reputable international financial magazines such Asian Banking & Finance, Global Trade Review, FinanceAsia, Global Banking & Finance, Alpha Southeast Asia, and the Asian Banker. From the beginning of 2013 alone, Techcombank has received 14 awards, including 10 from reputable international magazines and organizations. In particular, the bank has worked its way through all the strict selection criteria to earn awards from Asia Money, Euromoney, The Asian Banker, and Global Finance. These are impressive “quality stamps” in recognition of the bank’s strong investment commitments and high service standards.
Such accomplishments can be attributed to Techcombank’s strong investment in and development of technological infrastructure at an average of US$ 15 million per annum, which allows the Bank to offer diverse products and services through many modern alternative channels besides the traditional ones to ensure optimal convenience for customers. Therefore, in FinanceAsia’s assessment, Techcombank well satisfies the selection criteria of transaction banking award, both in terms of quality and quantity, such as rapidly expanding and wide network of branches/transaction service outlets, superior service quality, leading technology, investment in and development of multiple transaction channels, professional and experienced staff, and creation and introduction of new products and services to Vietnamese market.
“The Best Cash Management Bank in Vietnam 2013” and “the Best Trade Finance Bank in Vietnam 2013” are new additions to Techcombank’s long list of prestigious awards. These two awards show international community’s recognition of Techcombank’s capacity, reputation, and standing. This is a motivation for Techcombank to further develop and offer superior products and services to its clients.