Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been awarded “Best in Treasury and Working Capital – SMEs” by The Asset, thanks to its outstanding achievements in Treasury and Working capital business, especially in Cash management, Trade finance, FX and Risk management.
Mr. Nguyen Dang Thanh – Head of Business Banking of Techcombank said: “As one of key drivers for national economic growth, SMEs need financial partners who are both trustworthy and have insights of SMEs’ industries and its business nature, from which to offer flexible and relevant financial solutions. Techcombank always strives to cement relationships with SMEs across the country. With such great efforts, we are proud of this prestigious recognition”.
In its award announcement, The Asset highly appreciates Techcombank’s pioneering role when being the first local bank to establish a dedicated Transaction Banking business division to provide diversified, efficient, and high quality cash management services. In providing these services, Techcombank has received good response from corporate customers thanks to dedicated services via Techcombank’s extensive network with 313 branches, 1,231 ATMs throughout 63 provinces nationwide, 24/7 customer care centers, advanced technology platform, credit transfer requests are sent directly to 8,,228 bank partners in 85 countries, readiness to meet customers demand at their choice.
Regarding Trade finance services, Techcombank is recognized to be the first bank in Vietnam to provide supply chain financing solution to best satisfy corporate demand; provide flexible, tailor made solutions for specific business cases of each sector such as rice, coffee, seafood, pepper, cashew, etc. or other importers in steel, paper, plastics, cotton, cattle-feed, etc. Besides, Techcombank’s Foreign exchange services are also highly appreciated with highest FX transaction volume within joint stock commercial banks. This achievement illustrates Techcombank’s efforts in this field, aiming to become the leading bank in Vietnam providing foreign exchange services and products with equal quality to other banks in the region.
Toward Techcombank’s 22th anniversary this September, following several awards in many categories by prestigious international organizations, this latest award again showcases Techcombank’s efforts not only in intensive investment in technology and network, but also in financial solutions that best meet demand of various customer segments, including SMEs.
