VietinBank "won" 2 big awards from The Asian Banker

The two prestigious awards presented by The Asian Banker affirm VietinBank's prestige and leading position in providing optimal, comprehensive and modern financial solutions for corporate customers.

VietinBank is honored to receive 2 prestigious awards from The Asian Banker

VietinBank - Best SME Bank in Vietnam for 5 consecutive years

According to The Asian Banker, VietinBank has provided SME customers with comprehensive financial solutions and optimal experiences; thereby affirming VietinBank's leading position in this segment. VietinBank has had initiatives to ensure a seamless experience for new customers, constantly expanding and improving products and services (SPDV) to meet the needs of not only start-ups and micro enterprises; but also other developing enterprises.

VietinBank representative received the award for Best SME Bank in Vietnam

2024 witnessed the launch of many breakthrough products and services developed by VietinBank for corporate customers in general and SME corporate customers in particular. For example, the Online Disbursement and Online Guarantee products on VietinBank eFAST have helped businesses disburse and issue guarantees 100% online, saving time, costs of printing documents and conducting transactions anytime, anywhere. VietinBank has built 30 guarantee subscription packages with unlimited number of guarantee issuances within the subscription package limit, helping businesses save time and costs when using the service. The bank also launched the Green Deposit product to connect businesses with the same goal of sustainable development, creating green capital for projects that benefit the environment, society and community.

In addition, accompanying customers to reduce costs to focus on production and business activities, VietinBank has implemented many incentive programs for SMEs such as: International Payment Golden Day program with up to 100% exemption of foreign currency transfer fees; SME Trade UP program for import-export enterprises with preferential exchange rates and trade finance fees... At the same time, VietinBank has also adjusted and reduced lending interest rates many times according to the direction and orientation of the State Bank of Vietnam to support enterprises, including SMEs, to restore production and business.

VietinBank iConnect DX - Vietnam's most innovative API and open banking initiative

VietinBank iConnect DX is an initiative deployed by VietinBank to optimize the open banking platform VietinBank iConnect with a diverse portfolio of digital products and a flexible implementation team. The number of customers using services and transactions has grown dramatically after the implementation of the initiative. To date, more than 300 APIs have been deployed with the participation of more than 400 partners, serving nearly 20 million customers with a variety of newly deployed SPDV.

VietinBank representative received the Award for the Most Innovative Open Banking and API Initiative in Vietnam

The VietinBank iConnect DX initiative has helped simplify system connection for school and hospital customer groups with the introduction of new SPDVs such as identity accounts, smartPOS, smartKiosk, etc.; supported the construction of comprehensive cash flow management solutions for merchant groups; developed new generation ERP connection solutions for large enterprises and FDI enterprises. Since then, VietinBank iConnect DX has helped enterprises reduce costs, significantly save implementation time and contribute to the overall growth of enterprises. At the same time, it demonstrates VietinBank's continuous efforts to improve and develop the API platform and open banking to provide increasingly diverse solutions, modern and multi-utility SPDVs, as well as optimize customer experience.

Appreciating VietinBank's spectacular breakthroughs, The Asian Banker awarded the award for Vietnam's Most Innovative Open Banking and API Initiative 2025 to VietinBank iConnect DX.

The prestigious awards continue to bring VietinBank brand to new heights on the domestic and international banking brand map; at the same time, they become the driving force for VietinBank to improve the quality of its products and services, affirming its position as a leading and key bank of the economy.

Source: https://www.vietinbank.vn/vi/tin-tuc/tin-tuc-va-su-kien/vietinbank-rinh-2-giai-lon-tu-the-asian-banker-20250327070014-00-html