The titles that the bank has won included “Vietnam’s Best Bank in 2016” and “Platinum Award for Best Domestic Bank” from FinanceAsia as well as “Best Bank in Vietnam 2007-2016”, “Best Trade Finance Bank in Vietnam” and “Best Bond House in Vietnam” from the Alpha Southeast Asia magazine.

According to its unaudited business report, Techcombank’s pre-tax profit approximated VND2.04 trillion (US$91.12 million) last year, rising by 43.8% from 2014. Meanwhile, the net interest income climbed 22.8% yearly thanks to credit growth of almost 30%. 

Increased total income, controlled operating expenses and more effective operations helped cut down the cost/income ratio for the second straight year, from 47.2% in 2014 to 39.5% in 2015. 

Techcombank’s total assets were valued at over VND192 trillion (US$8.57 billion) in 2015, up 9.2% from the previous year. 

Last year, the bank mobilised VND142.24 trillion (US$6.35 billion) from its clients, up 8% annually, while outstanding loans were at more than VND111.62 trillion (US$4.98 billion), nearly VND31.32 trillion (US$1.4 billion) higher than 2014. 

Techcombank currently has 312 branches and transaction offices, over 1,200 ATMs and 1,600 transaction points, serving more than 4 million people and 102,000 enterprises.