- Vietcombank led its peers in the retail banking sector due to its strong profitability
- The bank’s Vietcombank Visa Signature card stood out in Vietnam’s competitive credit card market
- The bank was able to expand its customer traction beyond its physical footprint through its VCB-Mobile B@nking app
Hanoi, 9 April 2020 – Vietcombank received Best Retail Bank, Best Credit Card Product and Best Mobile Banking App at The Asian Banker Vietnam Awards 2020.
Vietcombank led its peers in the retail banking sector due to its strong profitability
Vietcombank achieved a solid financial performance in 2019 as reflected by its double-digit growth in retail revenue. With greater focus on its retail customers, the bank was able to generate more revenue from this segment than other businesses. It was also able to generate sustainable revenue streams with a significant fee income contribution to its total retail revenue. By year end, the bank was able to improve its cost-to-income ratio and exhibit profitability through a higher return on equity compared to its peers.
The bank’s Vietcombank Visa Signature card stood out in Vietnam’s competitive credit card market
Vietcombank enjoy...
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- Vietcombank led its peers in the retail banking sector due to its strong profitability
- The bank’s Vietcombank Visa Signature card stood out in Vietnam’s competitive credit card market
- The bank was able to expand its customer traction beyond its physical footprint through its VCB-Mobile B@nking app
Hanoi, 9 April 2020 – Vietcombank received Best Retail Bank, Best Credit Card Product and Best Mobile Banking App at The Asian Banker Vietnam Awards 2020.
Vietcombank led its peers in the retail banking sector due to its strong profitability
Vietcombank achieved a solid financial performance in 2019 as reflected by its double-digit growth in retail revenue. With greater focus on its retail customers, the bank was able to generate more revenue from this segment than other businesses. It was also able to generate sustainable revenue streams with a significant fee income contribution to its total retail revenue. By year end, the bank was able to improve its cost-to-income ratio and exhibit profitability through a higher return on equity compared to its peers.
The bank’s Vietcombank Visa Signature card stood out in Vietnam’s competitive credit card market
Vietcombank enjoy...
Categories:
Keywords: