leftcenterrightdel
Chairman of the board of directors of Vietcombank, Nghiem Xuan Thanh (C) receiving the award. Photo: thesaigontimes.vn
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) is the only representative from Vietnam to attend the event and to receive the award “Vietnam’s strongest bank by balance sheet.”

Notably, 2017 is the second consecutive year Vietcombank receives this award.

The award ceremony is an annual activity by The Asian Banker Magazine in order to evaluate the business operations of commercial banks within the region.

The evaluation is based on a very detailed and transparent scorecard that ranks commercial banks on six areas of balance sheet financial performance, namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality, and liquidity.

Translated by Chung Anh