For the past three consecutive years, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been honored by The Asian Banker - the leading financial evaluation organization in the region as the highest position in the field of banking, transactions and currency management.
At the Asia-Pacific region level, Techcombank's collection solution for corporate customers was voted "Best Integrated and Tailored Collection Solution in Asia Pacific".
The two other awards were given, including Best Transaction Bank in Vietnam; and Best Cash Management Bank in Vietnam, once again affirming Techcombank's pioneering position in the process of developing digital financial solutions for corporate customers in Vietnam.
The simultaneous victory in three categories in 2025 helps Techcombank become the only bank in Vietnam and one of the very few banks in Asia to achieve such widespread recognition from The Asian Banker - famous for its rigorous assessment process, combining qualitative data analysis, practical appraisal and in-depth interviews by international experts.
The finance and banking industry in the region is witnessing strong competition between traditional banks, digital banking and Fintech companies. In countries such as Singapore, Thailand, Korea or Malaysia, major banks have invested heavily in digital infrastructure, AI, cash flow governance and transaction banking to provide superior services to corporate customers.
In that context, Techcombank's overcoming of many regional-scale banks to win 03 major awards shows its technological capacity, flexibility in solutions, as well as the ability to deeply understand the operational needs of Vietnamese enterprises on all scales, from SMEs to multinational corporations.
Mr. Phan Thanh Son, Deputy General Director of Techcombank, Director of the Global Transfer Bank (GTS) shared: being honored by the international organization for three consecutive years is a testament to Techcombank's consistent implementation capacity throughout the digital transformation journey. We constantly exploit the power of technology and data to develop advanced financial solutions, aiming to improve competitiveness and operational efficiency for corporate customers.
Affirming the position of the Best Bank for Transaction and currency Management
Over the years, Techcombank has steadfastly pursued the strategy of becoming a "Main Operating Bank" for corporate customers by bringing seamless digital experiences with optimal benefits.
In 2024, the bank handled 3.3 billion electronic transactions with a total value of VND 11.3 million billion - up 51.1% and 20% respectively over the previous year. The bank recorded more than 96% of corporate customers participating in digital transactions, of which the rate of frequent use of the Internet Banking platform reached 84% - one of the highest rates in the market.
In addition to impressive e-commerce capabilities, the bank also leads the market in implementing 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 outstanding competitive advantages for banks in the market. This is one of the factors that helps Techcombank create high trust with FDI enterprises, retail chains and private enterprises that are being strongly promoted in Vietnam.
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 businesses to accurately forecast cash flow, synchronize data from many banks and make immediate investment decisions based on real-time information - a key advantage in a volatile business environment.
Leading collection solutions in the region
In the award category for solutions to promote contactless payments in the Asia-Pacific region, Techcombank's custom- integrated collection solution set has 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 transactions collected through identification accounts and a 4-fold increase in transaction value. The merchant network has surpassed 1.6 million payment acceptance points, with the QR system achieving a success rate of 99.97% and a code creation time of less than 1 second - an efficiency among the leading in the market.
Techcombank is also one of the few banks to have built a complete operating model including QR, POS collection, identification accounts and the merchant Portal. This diversity helps Techcombank integrate and customize to meet all revenue and expenditure needs from multinational corporations to small businesses at every online and offline touchpoint.
With these solutions, Techcombank has contributed to promoting cashless payments, transparency of cash flow and enhancing governance capacity for tens of thousands of SMEs - thereby making an important contribution to the goal of national financial modernization.
In the 2025-2030 period, Techcombank identifies banking for transactions and cash flow management as two main focus areas, continuing to aim to become the "main transaction bank" of customers. In the coming time, the bank plans to maintain an average revenue rate of over 25%/year, with priority invested in real-time data analysis platforms, AI to support decision making and integrating the bank into the business's own operating process.
