Techcombank wins big for 3 consecutive years at The Asian Banker Awards

Techcombank wins big at The Asian Banker Awards for 3 consecutive years, affirming its position as the region's leading transaction bank.

For the past three consecutive years, Vietnam Technological and Commercial Joint Stock Bank ( Techcombank ) has been honored by The Asian Banker - the leading financial rating organization in the region - with the highest position in the field of transaction banking and cash management.

At the Asia Pacific regional level, Techcombank's Corporate Collections Solution was voted “Best Integrated and Tailored Collection Solution in Asia Pacific”.

Two other awards, including Best Transaction Bank in Vietnam; and Best Cash Management Bank in Vietnam, once again affirmed Techcombank's pioneering position in developing digital financial solutions for corporate customers in Vietnam.

Ms. Phung Thi Thu Huong - Techcombank representative received the award for Best Customized Integrated Collection Solution in the Asia - Pacific region. Photo: TCB

Winning three categories simultaneously in 2025 makes Techcombank the only bank in Vietnam and one of the very few banks in Asia to achieve such widespread recognition from The Asian Banker – which is renowned for its rigorous evaluation process, combining quantitative data analysis, practical due diligence and in-depth interviews by an international panel of experts.

The regional banking and finance industry is witnessing fierce competition between traditional banks, digital banks and Fintech companies. In countries such as Singapore, Thailand, Korea and Malaysia, major banks have invested heavily in digital infrastructure, AI, cash flow management and transaction banking to provide superior services to corporate customers. In that context, Techcombank's victory over many regional banks to win 3 major awards demonstrates its technological capacity, flexibility in solutions, as well as its ability to deeply understand the operational needs of Vietnamese businesses of all sizes, from SMEs to multinational corporations.

Mr. Phan Thanh Son, Deputy General Director of Techcombank, Head of Global Transaction Banking (GTS) shared: “Being honored by an international organization for three consecutive years is a testament to Techcombank’s consistent execution throughout its digital transformation journey. We are constantly leveraging the power of technology and data to develop innovative financial solutions, aiming to improve competitiveness and operational efficiency for corporate customers.”

Affirming the position of the best bank for trading and currency management

For many years, Techcombank has consistently pursued the strategy of becoming the "Main Operating Bank" for corporate customers by providing seamless digital experiences with optimal benefits.

In 2024, the bank processed 3.3 billion electronic transactions with a total value of VND 11.3 trillion - an increase of 51.1% and 20% respectively compared to the previous year. The bank recorded more than 96% of corporate customers participating in digital transactions, of which the rate of regular use of the Internet Banking platform reached 84% - one of the highest rates in the market.

In addition to its impressive e-transaction operating capacity, the bank is also a market leader in deploying digital signature solutions, allowing businesses to quickly approve transactions in less than 40 seconds. This solution not only shortens processing time but also ensures legality and security in accordance with current regulations, creating a superior competitive advantage for the bank in the market. This is one of the factors that helps Techcombank create high trust with FDI enterprises, retail chains and private sector enterprises that are being strongly promoted in Vietnam.

In addition, Techcombank is also a pioneer in developing tools to support capital management in the market. The C-Cash solution, developed in cooperation with technology partner Kyriba, has been widely deployed to hundreds of large enterprises in 2024. C-Cash allows enterprises to forecast cash flow accurately, synchronize data from multiple banks and make instant investment decisions based on real-time information - a key advantage in a volatile business environment.

Regional leading collection solutions

In the award category for solutions to promote contactless payments in the Asia Pacific region, Techcombank's customized integrated collection solution surpassed many other nominations to be honored as the best solution.

In 2024 alone, the bank recorded an 11-fold increase in the number of collection transactions via identity accounts, and a 4-fold increase in transaction value. The merchant network exceeded 1.6 million payment acceptance points, with the QR system achieving a 99.97% success rate and code generation time of less than 1 second - leading performance in the market. Techcombank is also one of the few banks to build a complete operating model including collection via QR, POS, identity accounts and merchant portal. This diversity helps Techcombank integrate and customize to meet all collection and payment needs from multinational corporations to small businesses at all online and offline touch points.

With these solutions, Techcombank has contributed to promoting cashless payments, making cash flows transparent and enhancing management capacity for tens of thousands of SMEs – thereby making an important contribution to the goal of modernizing national finance.

In the period 2025-2030, Techcombank identifies transaction banking and cash flow management as two key areas of focus, continuing to aim to become the “main transaction bank” for customers. In the coming time, the bank plans to maintain an average revenue growth rate of over 25%/year, with priority investment in real-time data analysis platforms, AI decision support, and integrating banking into the business’s own operating processes.

Red Rose

Source: https://congthuong.vn/techcombank-3-nam-lien-tiep-thang-lon-tai-le-trao-giai-the-asian-banker-389519.html