The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been honoured with two prestigious awards, Best Cash Management Bank and Leading Counterparty Bank in Vietnam.

The awards were announced during the Asian Banker Summit taking palce in Hong Kong (China) from April 14-16.

A number of international banks from 30 countries and territories in the Asia-Pacific region participated in the annual banking event.

Established in 1963, Vietcombank is one of the largest commercial lenders in Vietnam with nearly 400 branches. It has banking relationships with more than 1,700 banks in 120 countries and territories.

In 2015, the Asian Banker group will continue to evaluate more than 100 financial institutions in the Asia-Pacific region to present the Asian Bankers Transaction Banking Awards.-VNA