VIB received “Leading SME Trade Bank” award

VIB received “Leading SME Trade Bank” award

Hanoi, April 2 (VNA) – The Vietnam International Bank (VIB) has been awarded with the “Leading SME Trade Bank” title for outstanding achievements during its participation in the Trade Finance Programme (TFP).

The TFP, initiated by the Asian Development Bank (ADB), aims to provide guarantees and loans to its member banks to support international trade.

They provide financial support for import-export enterprises and improve production efficiency and competitiveness in the market.

The VIB, which joined the TFP in 2009, is one of the ten Vietnamese banks in the programme.

As a leading bank in trade finance for small- and medium-sized enterprises (SMEs), VIB is the first bank in Vietnam to win this award.

VNA/VNP

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