A transaction office of Vietcombank (Photo: VNA) Hanoi (VNA) – TheJoint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has beennamed the Best Domestic Bank in Vietnam, the Best Bank for SMEs in Vietnam andthe Most Outstanding Company in Vietnam – Financial Sector by Asiamoneymagazine.
With this, Vietcombankcontinues affirming its effective performance in domestic market, towards becomingamong the top 100 banks in the region, the world’s top 300 banking-financialorganisations up to international practices by 2020.
In August, Vietcombank also entered Vietnam’s 50 best listedcompanies in 2019 by Forbes magazine for the seven consecutive years.
For three consecutiveyears, Vinamilk led the market in terms of profitability, but this time Vietcombank surpassedthe dairy giant, becoming the champion in after-tax profit with a growth rateof 60 percent.
Vietcombankposted the highest pre-tax profit amongthe Vietnamese banks in the first six months of this year, raking in more than 11.04 trillion VND (474.7 million USD),up 43.1 percent year-on-year.
Thefigure helped Vietcombank become the first bank in Vietnam to record pre-taxprofit exceeding 10 trillion VND in the first half of a year./.
