FCI welcomes associate member: Vietnam Technological and Commercial Bank | FCI
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FCI welcomes associate member: Vietnam Technological and Commercial Bank
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27 July 2022

Techcombank was established in 1993, as Vietnam began its transition from a centrally-planned to more market-oriented economy. Today, Techcombank has evolved to be one of the largest joint stock banks in Vietnam, and a leading bank in Asia – under a mission to lead the digital transformation of the financial industry, enabling individuals, businesses and corporations to progress and thrive sustainably.

Moody’s Investors Service affirms Techcombank’s rating the highest among Vietnam banks at  Ba3 (BCA), “Positive” outlook and the only bank constrained by the sovereign rating. The Bank is also rated by Standard & Poor’s at BB-/B with a “Stable” outlook.  The value and solid foundation created by Techcombank has been recognised by major organisations in the world with awards including: 'The best bank' in Vietnam by Finance Asia, 'The most attractive employer in 2020' by Anphabe, and 'The best transaction bank' in Vietnam by Asian Banker.

Techcombank pursues a proven customer-centric strategy in providing a broad range of banking solutions and services to nearly 10 million retail and corporate customers in Vietnam. With the vision of ‘Change banking, change lives. Uplifting everyone to reach their full potential’, the bank is committed to continuously bringing greater values to customers and shareholders, focusing on pioneering solutions to meet their needs.

Techcombank has a nationwide geographic coverage reaching to over 300 branches and 50 business centers, including all industrial zones. This helps the bank to be very close to its clients and in understanding their business needs, supporting international and domestic trade and structure trade finance solutions for them. Techcombank is the leading bank in Trade finance and ranked 1st among Joint Stock Commercial Banks in terms of transaction value and volume of import LC.

Techcombank provides diversified Trade finance products, from traditional banking services like  Letter of credit, Documentary collection, Negotiation, Factoring to structured trade solutions, helping clients unlock their working capital needs and strengths in their corebusiness areas. The clients have the ease of ether physically drop their request or electronically  sending the application request.

As Techcombank continues to reinforce its position as the leader in banking and trade finance,  the bank will strongly contribute to to the growth of Vietnam economy.