The Vietnam Technological and
Commercial Joint Stock Bank (Techcombank) has received the “Most Active
GTFP-Issuing Bank in Asia 2012” award of the International Financial
Corporation (IFC)’s Global Trade Finance Program (GTFP).
Techcombank was the only Vietnamese
bank nominated by IFC for the award, which honoured contributions made by banks
to activities of trade finance and supply chain of IFC.
For illustration only
Photo: Internet
Simon Morris, the General Director
of Techcombank said the bank’s participation in the programme aims to further
strengthen its resources and capacity, towards increasing support to trade
finance activities of customers, which are enterprises.
GTFP is now seeing the participation
of more than 250 banks across the world, including ten Vietnamese banks.
Techcombank was given the titles
“Vietnam’s Best Bank in 2011”, “Best Cash Management Bank in Vietnam in 2011”
and “Best Trade Finance Bank in Vietnam in 2011”, “Elite Quality Recognition
Award for Outstanding Achievement in 2012” and became the first Vietnamese bank
to receive the three international awards of FinanceAsia.
A member of the World Bank Group,
IFC fosters sustainable economic growth in developing countries by supporting
private sector development, mobilising private capital, and providing advisory
and risk mitigation services to businesses and governments.
Source: Tuổi Trẻ
