The Vietnam Export-Import Bank (Eximbank) has won the Best Domestic Bank Award 2012, presented by AsiaMoney magazine, in Ho Chi Minh City on Aug 1.

The event affirms the position of Eximbank in the financial markets of Vietnam and the Asian region.

Over the past years, the award, based on such criteria as growth rate, new business initiatives, profit rate and the development of transaction networks, has been seen as an important factor in defining the leading banks in Asia.

Mee Ling Lee, AsiaMoney Deputy Editor-in-Chief, said that with this achievement, Eximbank is one of the most reliable banks in Vietnam.

According to Eximbank Chairman Le Hung Dung, the award will be a momentum for the bank to strongly develop in the future.

Eximbank will strive to raise its total asset to VND500 trillion (US$24 billion) by 2015, he said, adding that the bank plans to expand its network to all 63 cities and provinces nationwide as well as to open representative offices in the region and the world.

Source VNA/VOV