PANO - The Top 10 prestigious commercial banks of Vietnam in 2016 have been announced in the Vietnam Report on July 6th.

Of the Top 10, three banks are State-owned (Vietinbank, Vietcombank and BIDV) and the rest are joint-stock (ACB, Techcombank, MBBank, Sacombank, TPBank, SHB and SCB).

Photo: laodong.com.vn

According to the Vietnam Report, those banks are classified by their financial capability, Media Coding, and results of an online survey on customers’ satisfaction of products’ and services’ quality in 2015 and 2016.

The Vietnam Report’s survey on customers showed that three most important things basing on which a bank’s products or services are selected are the strong and prestigious brand name, large-scale and convenient transaction network, and simple procedures with fast service time.

The listed banks are those with financial capability, business experience and growth potential with customers’ positive assessment on their products and services in 2015 and 2016.

As the State Bank and other Vietnamese economic experts evaluated, Vietnam’s banking service in 2015 was obviously improved with high credit growth rate, good liquidity, dramatically-reduced bad debts, timely and flexible issuance of management policies. These signs signal an optimistic national economic growth in 2016.

Translated by Mai Huong