Illustrative image (Photo: VNA) Hanoi (VNA) - The VietnamTechnological and Commercial Joint Stock Bank (Techcombank) has been named 2020Best Solutions Provider for Small and Medium-sized Enterprises (SMEs) byprestigious magazine The Asian Banker.
The magazine said the bankhas solidified its position as a one-stop solutions provider for SMEs inVietnam with a value chain-focused strategy and business model.
Head of Research and Survey at TheAsian Banker, Mobasher Kazmi, said leading experts have been impressed by thebank’s deep customer insight in addressingthe evolving needs of SMEs, which led to its strong income and profit growth in2019.
The bank has targeted the sixconsumption-led economic sectors that contribute almost half of Vietnam’s GDP.
Vishal Shah, Head of Techcombank’sBusiness Banking Division, said that within its growing footprint of more than 300branches nationwide, Techcombank has enabled a dedicated business unit focusedon SMEs and mid-corporate businesses through 43 dedicated branches.
He added that the bank continues to upgrade its Fast E-Bank onlinebanking platform to improve customers’ experience in terms of speed,convenience, efficiency, and security.
It also introduced OverseasRemittance-embedded Foreign Currency Exchange with enhanced functionalities tosupport internal customer control and risk management.
The bank also launched a preferentialloan package of 20 trillion VND (869 million USD) to businesses affected byCOVID-19./.
The magazine said the bankhas solidified its position as a one-stop solutions provider for SMEs inVietnam with a value chain-focused strategy and business model.
Head of Research and Survey at TheAsian Banker, Mobasher Kazmi, said leading experts have been impressed by thebank’s deep customer insight in addressingthe evolving needs of SMEs, which led to its strong income and profit growth in2019.
The bank has targeted the sixconsumption-led economic sectors that contribute almost half of Vietnam’s GDP.
Vishal Shah, Head of Techcombank’sBusiness Banking Division, said that within its growing footprint of more than 300branches nationwide, Techcombank has enabled a dedicated business unit focusedon SMEs and mid-corporate businesses through 43 dedicated branches.
He added that the bank continues to upgrade its Fast E-Bank onlinebanking platform to improve customers’ experience in terms of speed,convenience, efficiency, and security.
It also introduced OverseasRemittance-embedded Foreign Currency Exchange with enhanced functionalities tosupport internal customer control and risk management.
The bank also launched a preferentialloan package of 20 trillion VND (869 million USD) to businesses affected byCOVID-19./.
VNA
