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LSEG

28/03/2024

Most Active Bank in Vietnam 2023

Eximbank received two awards for the foreign exchange market in 2023 from the London Stock Exchange Group (LSEG) on March 22, 2024.

On March 22, 2024, in a solemn atmosphere at Sofitel Metropole Hanoi Hotel, in the presence of the State Bank of Vietnam, the London Stock Exchange Group (LSEG) held a ceremony. awarding annual awards to credit institutions and branches of foreign banks with excellent foreign exchange business activities in the Vietnamese market in 2023. LSEG is currently a provider of transaction and information systems. Financial information for the entire banking industry in Vietnam over the past 30 years.

Among the 8 prestigious award categories announced at this year's ceremony of LSEG, Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) was honored to receive 02 important awards, "Bank with Foreign Transaction Volume". Vietnam's largest exchange 2023 - Most Volume Traded" and the award "Most Dynamic Bank in Vietnam's foreign exchange market 2023 - Most Active Bank".

The award is awarded based on the total volume of foreign exchange transactions of more than 30 credit institutions and branches of foreign banks licensed to operate foreign exchange in Vietnam on the interbank automatic foreign currency trading system. (LSEG FX Matching) under the management of the State Bank of Vietnam. This is a large and highly competitive playground organized from 2020 for the community of credit institutions and branches of foreign banks with business activities and provision of foreign exchange services in Vietnam. . Going beyond the award categories, LSEG wants to promote transparency and professionalism in the foreign exchange market in particular and recognize its importance to the Vietnamese economy in general.

Speaking at the award ceremony, Mr. Dao Hong Chau - Deputy General Director of Eximbank said: "Vietnam's foreign exchange market has had remarkable developments in recent times, providing good support for import and export payment activities." of Vietnam. With the name Vietnam Import-Export Commercial Joint Stock Bank, Eximbank always affirms its role as a dynamic member of Vietnam's foreign exchange market, constantly improving products and technology to adapt to ever-changing changes. market stoppages and the needs of import-export businesses.

Import-export payment activities, trade finance and foreign exchange trading have always been Eximbank's traditional strengths. The past two prestigious awards continue to affirm its position as one of the most dynamic banks in the market. Vietnam's foreign exchange market with outstanding trading volume and positive contribution to the overall development of the market.

Towards the 35th anniversary of its establishment, from the beginning of 2024, Eximbank has also launched a series of incentive programs and extremely attractive international payment fee packages, and is implementing a series of structured products. new for customers operating in the field of import and export, FDI enterprises and non-bank financial institutions to help customers reduce capital costs, better manage cash flow, and prevent exchange rate and interest risks. productivity thereby improving competitiveness and business efficiency.

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