Hanoi (VNA) –The Bank for Foreign Trade ofVietnam (Vietcombank) is named among the 55 country winners of Best Treasuryand Cash Management Banks and Providers by the Global Finance magazine,announced a representative of the bank on February 7.
Global Finance hasrecently released the rankings for its 17th annual Best Treasury and CashManagement Banks and Providers by category, region and by country.
A variety of subjectiveand objective criteria were considered, including: profitability, market shareand reach, customer service, competitive pricing, product innovation and theextent to which treasury and cash management providers have successfullydifferentiated themselves from their competitors around core service provision.
A multi-tiered assessmentprocess was used, which included a readers’ poll, input from industry analysts,corporate executives, technology experts and independent research, to selectthe best providers of treasury and cash management services.
Vietcombank’s goal is to become Number 1bank in Vietnam in 2020 and among the world’s 300 largest banking financialgroups managed by best international practices.
The bank is included in the list of the world’s 500leading brands of the Brand Finance, an independent branded business valuation andstrategy consultancy. It is also the first and only bank in Vietnamvoted among Top 500 world leadingbanks by The Asian Banker.-VNA