Business

Eximbank named best domestic bank in Vietnam

The Vietnam Export-Import Bank (Eximbank) won the Best Domestic Bank Award 2012, presented by AsiaMoney magazine, in Ho Chi Minh City on Aug. 1.
The Vietnam Export-Import Bank (Eximbank) won the Best Domestic BankAward 2012, presented by AsiaMoney magazine, in Ho Chi Minh City onAug. 1.

The event affirms the position of Eximbank in the financial markets of Vietnam and the Asian region.

Over the past years, the award, based on such criteria as growthrate, new business initiatives, profit rate and the development oftransaction networks, has been seen as an important factor to define theleading banks in Asia .

Mee Ling Lee, AsiaMoneyDeputy Editor-in-Chief, said that with this achievement, Eximbank is oneof the most reliable banks in Vietnam .

According to Eximbank Chairman Le Hung Dung, the award will be a momentum for the bank to strongly develop in the future.

Eximbank will strive to raise its total asset to 500 trillion VND (20billion USD) by 2015, he said, adding that the bank plans to expand itsnetwork to all 63 cities and provinces nationwide as well as openrepresentative offices in the region and the world.-VNA
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