12:20 (GMT +7) - Tuesday 25/09/2018

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ANZ named "Best Trade Finance Bank in Vietnam" by The Asset

Released at: 14:03, 10/04/2018

ANZ named "Best Trade Finance Bank in Vietnam" by The Asset

Photo: ANZ

Recognition comes at The Asset's Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2018.

by Ngoc Lan

ANZ has been named “Best Trade Finance Bank in Vietnam” in The Asset’s Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2018.

The awards recognize Asian corporates and banking institutions that have executed the most effective and innovative treasury, cash management, capital and trade finance and risk management solutions in the region. 

Mr. Aseem Goyal, ANZ Head of Transaction Banking, Greater Mekong Region, said that Vietnam is playing an increasing role as the manufacturing hub of Southeast Asia, in turn attracting record-breaking foreign investment. ANZ therefore continues to see significant opportunities in this important market. “We are pleased to be recognized for our efforts to support customers with trade and capital flows in the region through our extensive network of trade specialists combined with strong local insights,” he added.

ANZ was also named "Best in Treasury and Working Capital for MNCs/LLCs in Australia", "Best Service Provider for Cash Management, E-Solutions, Liquidity Management, Supply Chain, Transaction Banking in Australia", and "Best Supply Chain Solution and Best Trade Finance Solution in Australia" in The Asset’s Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2018.

ANZ was one of the first foreign banks in Vietnam when it arrived in 1993. It was named “Best Trade Finance Bank in Vietnam” in The Asset Triple A Treasury, Trade and Risk Management Awards 2015 and 2016 and “Best Trade Finance Bank in Vietnam” in the World’s Best Trade Finance Providers Awards 2016 held by Global Finance magazine.

It was also recognized in 2016 as “Product Innovator” in Transaction services in the Greater Mekong by Global Finance magazine. ANZ has also been ranked “Best Foreign FX Provider” in Vietnam for five consecutive years (2012-2016) by Asiamoney magazine.

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