VIB wins “Bank of the Year 2015” Vietnam award in the London FT 'Banker Awards'

Hanoi, 3 December 2015, Vietnam International Bank (VIB) has been named as “Bank of the Year 2015”. The prestigious award was presented to VIB CEO Mr. Vu Han at the annual Awards Ceremony held by 'The Banker' on 2 December 2015 in London. This award is annually selected by The Banker’s judges. The “Bank of the Year” award is exclusively awarded to the top bank in each country. It is the world’s longest running and most prestigious international banking title and regarded as 'the Oscar' award of the Banking Industry. 

Mr. Han Ngoc Vu (C) – CEO of VIB receives the award “Bank of The Year”

Founded in 1926 and based in London (England), The Banker is now one of the world’s leading journals for economics, finance and commerce.  Each year, The Banker selects one winning bank for each of the countries judged. Over 1,000 applications are collected and judges select winning banks based on evidence provided to determine the Bank in each country which saw the most overall progress in the past 12 months. In 2015, The Banker honored the most outstanding banks in each of the 152 countries participating globally.  For VIB the recognition as 'Bank of the Year' Vietnam by the world’s longest running international banking title is testament to the financial strength, sound business model and prudent risk management consistently adopted by VIB.

 In addition to our bank’s efforts in business operations reflected by Tier 1 capital, total assets, net profit, ROE and non-performing loan ratio, The Banker highly praised VIB for its sustainable growth strategy, advanced banking technologies, continuous innovation, and efficient and effective marketing activities during the year.

 Recently, VIB has been increasingly recognized and appreciated by prestigious organizations nationally and internationally. VIB recently strengthened its top position in the assessment of the local Vietnam Banking market strength by Moody’s International Rating Agency. VIB continues to enjoy the highest credit strength rating of B3 (BCA – baseline credit assessment). Moody's also strengthened VIB's position with our outlook upgraded by one notch to positive from stable.   This year VIB is the only bank in Vietnam receiving this upgrade in outlook. VIB has also received the “The Best Segment Solution Award” from MasterCard thanks to its classic debit MasterCard solution and more recently, VIB was awarded “Vietnam's Outstanding Innovative Banking Product/Service Award” for 2015 by the International Data Group (IDG).  This award recognized VIB’s continuous innovative approach to improved customer service through the launch of MyVIB mobile banking app and the Apple Watch app.

In 2015 VIB made nonstop efforts to deliver optimal banking products and services to fully satisfy customers’ needs such as launching a new website, online current account registration and marketing campaigns with new and attractive offers for customers.  This is in line with the Bank's vision to be Vietnam's most trusted, innovative and customer centric Bank.

VIB wishes to thank its many customers and staff for their loyalty and belief in VIB that is propelling the Bank forward in the Vietnamese banking industry based on its guiding principles.

For more information, please kindly visit our bank website: www.vib.com.vn or contact the 24/7 customer service (toll free): 18008180.