Techcombank Receives 10 International Wards, Marking Its Successes during 21 Years of Operation

Ho Chi Minh City, 09 September 2014. Today, at head office in the South, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) honorably received 10 awards from four prestigious international magazines in finance and banking namely Global Banking & Finance Review, Finance Asia, Asian Banking & Finance and Corporate Treasurer for its outstanding business achievements and superior quality products and services. The awarding ceremony was solemn and cozy with the presence of representatives from the awarding organizations, Techcombank leaders, loyal customers and mass media.

At the ceremony, Ms. Wanda Rich of Global Banking & Finance Review directly presented a set of 4 awards to Techcombank representative including: Best Commercial Bank Vietnam; Best Retail Bank in Vietnam; Best Customer Service Bank and Best Internet Bank Vietnam.

Mr. Simon Hyett, representative of Asian Banking and Finance presented 3 awards to Techcombank, including: Vietnam Retail Bank of the Year; Vietnam Domestic Foreign Exchange Bank of the Year and Vietnam Domestic Trade Finance Bank of the Year.

Mr. David Edwards, co-representative of the editorial board of Finance Asia and Corporate Treasurer respectively awarded Techcombank: Best Commercial Bank in Vietnam (for the 4th time in a row) (formerly known as the Best Bank in Vietnam), Best Cash Management Bank in Vietnam and Best Trade Finance Bank in Vietnam.

Following the series of previous domestic and international awards, the 10 international awards are the convincing proof showcasing the bank’s strong commitments to investment in human resources, modern banking management systems and advanced infrastructure and technology that will help deliver diversified services and financial solutions and most convenient multi-channels to best meet the growing demands of customers.

Over the past 21 years, Techcombank has constantly been striving to provide the best financial solutions to individual and business customers. Since its establishment with initial charter capital of VND 20 billion, Techcombank has risen to become one of the leading commercial banks in Vietnam with total assets of VND 171 trillion, and a wide network of more than 313 branches and transaction outlets nationwide with connection to over 12,000 ATMs in BankNet and SmartLink systems. With a staff force of over 7,000 people, the bank is always ready to meet all requirements for customer service, and continually acquires more customers to use its products and services. Currently, the bank has over 3.4 million individual customers and more than 87,000 institutional customers.

Techcombank is a robust bank, featured by the harmonious combination of advantages of a local bank which deeply understands the local market and international management standards. It aspires to be the Best bank in Vietnam to establish a new position in the region.

At the awarding ceremony, the awarding organizations made very positive assessments of Techcombank: “Techcombank has demonstrated its ability to pioneer the market with continued investment in and development of IT infrastructure and human resources to offer comprehensive products and services to meet the needs of individual as well as business customers” said Ms. Wanda Rich, representatives of the Editorial board of Global Banking & Finance Review; “We appreciate the performance, financial indicators, vision and long-term strategy of Techcombank. These achievements have proven the bank’s superiority over other banks in Vietnam” said David Edwards, co-representative of the editorial board of Finance Asia and Corporate Treasurer); “We appreciate Techcombank for being “listening” to their customers’ needs and expectations. A bank with strong investment, good development, and professionalism if listening to their customers’ needs will know how to lead the way in offering most competitive and convenient products and services to retain and acquire customers” said Simon Hyett, representative of the Banking and Finance editorial board.

Also at the awarding ceremony, Mr. Do Tuan Anh, Acting Chief Executive Officer of Techcombank said, "We are very pleased to receive the recognition by the international organizations. This is a motivation for us to strive more to continue developing Techcombank in accordance with international standards to best meet the increasingly diverse demands of customers. On this occasion, I would like to express my thanks to all customers, partners, and especially our staff who always trust and support us to earn these awards”.

In addition to the 10 awards directly presented by representatives of the Editorial Boards of the 4 magazines this year, Techcombank also received many international awards, increasing total number of awards of the bank in 2014 to 16, a big happiness for the bank employees to celebrate the bank’s 21^st anniversary later this month.