On 23 December 2014 in Hanoi, the Ministry of Industry and Commerce held the Announcement Ceremony of Vietnam Value Award 2014, in which Vietnam Prosperity Bank (VPBank) is honored to be the representative of the banking sector. Especially, VPBank is one of 14 businesses to receive this award for two consecutive times.

Mr. Nguyen Duc Vinh, VPBank CEO shared that: The winning of Vietnam Value Award 2014 is a recognition of efforts to build and develop VPBamk’s brand image in recent years, once again determining the quality of products and services, reputation and prominent competitiveness of VPBank on financial and banking markets in Vietnam. In the near future, VPBank will focus on improving service quality and added value as well as the outstanding utilities towards becoming an international standard bank”.

According to the Program Secretariat, 6 bank winners of the award this year including Vietcombank, Vietinbank, BIDV, VPBank, Techcombank and Sacombank are worthy representatives to achieve positive indicators in terms of business performance, the level of brand awareness, social and community activities, and especially sustainable development and improvement of product and service quality.”

Deputy Minister of Industry and Trade Do Thang Hai said, Vietnam Value Award is the only program of the Government with the aim of promoting the national brand image through product and service brand of businesses. Through several rounds of selection based on the criteria of “Quality, Innovation and Pioneer Capability”, the Council has selected 64 out of 1,500 applicants this year.

Thus, beside 05 international awards namely “Best Commercial Bank Vietnam 2014” by International Finance Magazine (IFM); “Straight-Through-Processing” by the Bank of New York Mellon (BNYM), “Best Banking Product Vietnam 2014”, and “Best Trade Finance Bank Vietnam 2014” by Global Banking & Finance Review (GBAF), the Straight Through Processing – STP 2014 Award for meeting international payment standards and Moody’s ratings at B3 with stable outlook, VPBank continues to be recognized by the Council of Vietnam National Brand Name, ending the year with positive assessments by large organizations and institutions for its comprehensive efforts in 2014.

As of September 2014, VPBank’s equity has reached over VND 8.7 trillion, with a network of more than 200 business units in 33 provinces and cities nationwide. VPBank’s total assets worth more than VND 147 trillion, thus, VPBank is considered as one of the Joint-Stock Commercial Banks with largest total assets.

For more information, please contact: 1900 545 415 or 04 3928 8880 or visit the website: www.vpbank.com.vn.