VPBank Wins 2014 IFM Award for 'Best Commercial Bank, Vietnam'

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Jan 21, 2015, 04:08 ET

LONDON, January 21, 2015 /PRNewswire/ --

London-based International Finance Magazine has conferred the 2014 award for 'Best Commercial Bank' in Vietnam to Vietnam Prosperity Joint Stock Commercial Bank (VPBank). The award was presented on November 18 by the honourable Lord Sheikh, Baron Sheikh of Cornhill, House of Lords; Sheikh Bilal Khan, UK Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a gala dinner in the ballroom of the Jumeirah Carlton Tower in London.

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As one of the earliest-established joint-stock commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program diligently with support from one of the world's leading consulting companies.

So far, VPBank's charter capital has reached over VND 7.7 trillion, with a network of more than 200 business units in 33 provinces and cities nationwide. VPBank's total assets are worth more than VND 121 trillion, thus VPBank is considered as one of the joint-stock commercial banks with largest total assets.

Nguyen Duc Vinh, CEO, VPBank, said: "These prestigious international awards mean the recognition of reputable financial institutions, once again determining the quality of products and services, reputation as well as the prominent competitiveness of VPBank in Vietnam's banking-financial market. In the near future, VPBank will concentrate on improving its service quality and added value as well as outstanding advantages towards an international standard bank."

Read the full story: http://internationalfinancemagazine.com/article/IFM-celebrates-financial-excellence-at-annual-awards-ceremony-in-London.html

2014 award winners: http://www.internationalfinancemagazine.com/awards/winners

Gallery: http://www.internationalfinancemagazine.com/awards/albums

If you would like to nominate a company or an executive for the awards, visit http://internationalfinancemagazine.com/awards/nomination

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SOURCE International Finance Magazine