This is an annual award presented by LSEG (London Stock Exchange) in collaboration with the Central Banks of countries to honor credit institutions with excellent foreign exchange business activities of that country.
In the context of the financial market in 2024 with many fluctuations, along with competition between credit institutions, Bac A Bank has maintained its position as one of the 5 banks with the largest foreign exchange trading volume in Vietnam. The "Top 5 Matching Volume Traded" award by LSEG is a recognition of Bac A Bank 's continuous efforts to diversify foreign exchange products and improve service quality. Notably, this is the second consecutive year that Bac A Bank has won this award, contributing to helping Bac A Bank affirm its position in the financial market in general and the interbank foreign exchange market in particular, as well as demonstrating the bank's correct and sustainable development strategy.
Bac A Bank representative said that the bank has a diverse foreign exchange trading product system with flexible policies, meeting the needs of the market well. In addition, advanced security technology, ensuring smooth and safe transactions, and a team of experienced, dedicated and professional experts are the strengths that customers trust and choose.
Vietnam FX Awards is an annual award evaluated by LSEG with the purpose of honoring Credit Institutions and Branches of foreign banks with excellent foreign exchange business activities in the Vietnamese market. The list of awards is compiled and considered based on strict criteria from the actual statistical results of anonymous automatic foreign exchange transactions (FX matching) of nearly 40 domestic and foreign banks operating in Vietnam on the Interbank Foreign Exchange Transaction System (LSEG FX Matching) under the management of the State Bank of Vietnam.
LSEG is a group that owns the London Stock Exchange, Refinitiv, LSEG Technology, FTSE Russell and has a major stake in London Clearing House and Tradeweb. LSEG is currently the official provider of financial information and trading systems for the entire banking industry and financial institutions worldwide. LSEG aims to promote transparency and professionalism in the foreign exchange market in particular and recognizes the importance of the electronic foreign exchange market system to the Vietnamese economy in general.
North Asia Commercial Joint Stock Bank |
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Source: https://vietnamnet.vn/bac-a-bank-lot-top-5-ngan-hang-co-luong-giao-dich-ngoai-hoi-lon-nhat-viet-nam-2397987.html
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