For the second consecutive year, Euromoney recognizes Sacombank as Vietnam’s Best FX Bank

Euromoney's judging panel highlighted the significant role of Sacombank’s foreign exchange operations in the bank’s overall strategy, contributing over 10% of its pre-tax profit in 2023. Amid domestic and global economic challenges, Sacombank leveraged its strong foreign currency liquidity and modern technological platform to deliver optimal FX and derivative solutions, helping businesses manage exchange rate volatility effectively and reduce costs. Service quality has been continuously enhanced by offering professional rate forecasts, commodity pricing, and tools for customers to monitor exchange rates and manage cash flows.

Building on the successful upgrade of its core-treasury system, Euromoney praised Sacombank for continuing to expand digital FX trading solutions for customers. All FX transaction information is updated in real-time, available 24/7, including during holidays, providing fast and convenient payment options.

Euromoney’s Awards for Excellence has been one of the most prestigious awards in the global financial and banking industry for over 30 years, recognizing more than 600 banks and financial institutions for outstanding performance, strong growth, high adaptability to market changes, and customer needs, with a particular emphasis on pioneering and differentiation in business practices. To date, Euromoney’s selection criteria are still regarded as the most comprehensive standards in the industry worldwide.

Additionally, in 2024, Sacombank was named “Best in Treasury and Working Capital SMEs Vietnam 2024” by The Asset magazine in the 2024 Asset Triple A Awards. This is the third consecutive year that Sacombank has won this award, meeting the criteria for business effectiveness, SME customer support solutions, and positive direct feedback from clients.