Sacombank wins award for treasury, working capital excellence

Monday, Jun 05, 2023 07:06

Le Quang Vinh, deputy director of Sacombank’s capital resources and foreign exchange division, receives The Asset Triple A Treasurise award in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam. — Photo courtesy of the bank

Sacombank has won the 2023 The Asset Triple A Treasurise award given by Hong Kong magazine The Asset in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam.

It is for a second year in a row that Sacombank is winning this award by meeting all criteria in terms of business performance, customer support solutions and customer reviews.

Sacombank’s strengths include abundant foreign currency liquidity, multi-currency payment capability along with an extensive transaction network in Viet Nam, Laos and Cambodia and a modern, safe and secure technology platform.

It thus meets all customers’ trading needs in spot, forward, swap, and options transactions in a timely manner and at competitive rates and with flexibility and simple procedures.

In 2022 Sacombank satisfied the monetary needs of more than 200,000 small and medium enterprises across the country with total foreign currency trades worth more than US$18 billion.

The bank has consistently invested in technology, especially online banking solutions, to enhance the customer experience especially when carrying out forex transactions.

The Asset Triple A Treasurise (Treasury, Trade, Supply Chain, Risk, ESG) Awards are industry excellence recognitions conferred annually on companies and financial institutions that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management. — VNS

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