Vietbank received the Strong Brand award

This is the first time Vietbank has been honored in the sustainable development brand category based on the criteria of stable growth associated with the goal of safe and effective development and many practical contributions to the community and locality.

The award is also a testament to the ability to meet customer needs well through a diverse product and service system, a young and dynamic workforce, and an appropriate and effective digital transformation application process in the new context.

At Vietbank, sustainable development has always been one of the goals that the bank has aimed for since its inception. Because the financial and banking sector is considered the lifeblood, playing an important role in promoting the sustainable development of the economy ; impacting the environment through internal activities and external impacts through the provision of its products and services.

Mr. Nguyen Tien Sy - Deputy General Director, representing Vietbank received the award "Strong Brand - Sustainable Development 2023".

Therefore, Vietbank always focuses on building a sustainable development strategy in parallel with the bank's flexible business strategy in each period to fulfill its mission: optimizing all aspects of operations to bring the highest value to customers, partners, investors and employees; actively contributing and accompanying the common development of the community and society.

To achieve the above goal in the current challenging economic period, Vietbank takes advantage of opportunities to accelerate business operations, ensuring harmony between two goals: sustainable growth and efficiency.

At the same time, Vietbank focuses on enhancing customer experience, investing heavily in digital banking and promoting retail; focusing on improving management and operational capacity; directing business activities to become more efficient, safe and transparent... as well as continuing to actively contribute and accompany the common development of the community and society.

Vietbank also actively responded to the policies and directions of the Government and the State Bank in accompanying and removing difficulties for people and businesses to develop the economy through: reducing lending interest rates, providing preferential capital, promoting practical products and services that bring many benefits and increase efficiency for customers...

Regarding risk management activities according to Basel II standards, Vietbank is one of the banks that has been approved by the State Bank to apply Circular 41 ahead of schedule according to Basel II standards. With a long-term vision and development strategy, Vietbank has made steady progress in building a credit management framework according to Basel II standards and other good practices in the market.

In the coming time, Vietbank will continue to focus on improving risk management capacity, increasing capital adequacy ratio, and gradually preparing to apply Basel III standards.

In addition to being honored in the category of "Strong Brand - Sustainable Development", in 2023, Vietbank was recognized as an Excellent Enterprise in Asia 2023, Top 10 Golden Quality Services for Consumer Rights 2023, Top 10 Competitive Brands 2023, Top 50 Best Growing Enterprises in Vietnam 2023, Typical Bank for the Community 2023.

These awards continue to demonstrate the trust of customers and partners in Vietbank's positive business performance and outstanding competitiveness towards the goal of effective, safe and sustainable development.

With specific action strategies, programs and solutions, Vietbank believes that Vietbank's sustainable values will be enhanced and spread with the support of shareholders, customers and stakeholders to jointly contribute to building an increasingly prosperous banking system and Vietnam.

Bao Anh

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