Nguyen Xuan Minh, director of FTU HCM City Campus (right) and Harry Loh, country manager of UOB HCM City branch, sign an agreement to launch the UOB-FTU Banker’s Executive Certificate Programme at a press conference in HCM City on October 27 (Photo: Bo Xuan Hiep)HCM City (VNA) - The United Overseas Bank (UOB)has partnered with the Foreign Trade University (FTU) in Vietnam to launch thefinance industry’s first tertiary education programme designed for bankers thatserve small businesses.
Speaking at a press conference held on October 25 in thecity, Harry Loh, country manager of UOB’s HCM City branch, said that small- andmedium-sized enterprises (SMEs) formed the backbone of Vietnam’s economy,accounting for 97 percent of the country’s businesses.
“SMEs are among the most optimistic about their growth prospects within AsiaPacific,” he added.
In addition, four out of five of SMEs sought external finance last year to helpthem take advantage of business opportunities, according to the CPA AustraliaAsia-Pacific Small Business Survey 2016 – Market Summary: Vietnam.
As SMEs manage and grow their business, they need to navigate complex areassuch as business planning, cash-flow management and international trade risks.
The UOB-FTU Banker’s Executive Certificate Programme combines classroom-basedstudy in credit and risk management, trade financing and regional regulatoryframeworks, with practical skills training such as best practices for customeronboarding.
Upon completion of the programme, UOB bankers will be better equipped to helpSMEs with their business needs and to overcome the challenges they may face.
Loh also said that UOB was committed to ensuring its bankers have in-depthknowledge and skills required to support the business growth ambitions of itscustomers.
“We expect that more Vietnamese SMEs will pursue business opportunities withinthe region as they tap the economic benefits arising from the ASEAN EconomicCommunity,” he said.
“As such, their needs will have to be supported by bankers who possessspecialist skills and who understand what it takes to succeed in doing businessacross borders, whether it is in managing foreign exchange risks or navigatingthe regulatory landscape in different markets,” he added.
Associate Prof. Nguyen Xuan Minh, director of the FTU HCM City Campus, said thejoint training programme would address the increasing demand for skilledprofessionals in the banking sector.
The programme is specifically designed to improve the skills of bankers as theysupport Vietnam’s SMEs to seize regional growth opportunities, he said.
Headquartered in Singapore, UOB has a global network of more than 500 officesin 19 countries and territories in Asia Pacific, Europe and North America.-VNA
Speaking at a press conference held on October 25 in thecity, Harry Loh, country manager of UOB’s HCM City branch, said that small- andmedium-sized enterprises (SMEs) formed the backbone of Vietnam’s economy,accounting for 97 percent of the country’s businesses.
“SMEs are among the most optimistic about their growth prospects within AsiaPacific,” he added.
In addition, four out of five of SMEs sought external finance last year to helpthem take advantage of business opportunities, according to the CPA AustraliaAsia-Pacific Small Business Survey 2016 – Market Summary: Vietnam.
As SMEs manage and grow their business, they need to navigate complex areassuch as business planning, cash-flow management and international trade risks.
The UOB-FTU Banker’s Executive Certificate Programme combines classroom-basedstudy in credit and risk management, trade financing and regional regulatoryframeworks, with practical skills training such as best practices for customeronboarding.
Upon completion of the programme, UOB bankers will be better equipped to helpSMEs with their business needs and to overcome the challenges they may face.
Loh also said that UOB was committed to ensuring its bankers have in-depthknowledge and skills required to support the business growth ambitions of itscustomers.
“We expect that more Vietnamese SMEs will pursue business opportunities withinthe region as they tap the economic benefits arising from the ASEAN EconomicCommunity,” he said.
“As such, their needs will have to be supported by bankers who possessspecialist skills and who understand what it takes to succeed in doing businessacross borders, whether it is in managing foreign exchange risks or navigatingthe regulatory landscape in different markets,” he added.
Associate Prof. Nguyen Xuan Minh, director of the FTU HCM City Campus, said thejoint training programme would address the increasing demand for skilledprofessionals in the banking sector.
The programme is specifically designed to improve the skills of bankers as theysupport Vietnam’s SMEs to seize regional growth opportunities, he said.
Headquartered in Singapore, UOB has a global network of more than 500 officesin 19 countries and territories in Asia Pacific, Europe and North America.-VNA
VNA
