GFM Announces BMO and ACB as winners in their prestigious annual awards

Top Quote GFM Review is a dedicated online news portable that is focused on the breaking and in-depth news that effect world news and in particular the finance industries. End Quote
  • (1888PressRelease) October 07, 2015 - Global Financial Market Review (GFM) is a dedicated online news portal that focuses on the industries and news that are involved in the financial markets. As part of its coverage of this multi-disciplined industry GFM has developed a series of Awards. The Awards have been developed to reward companies and institutions who have achieved notable success in their respective fields. The Awards have become a standard for reliability, performance and security within the financial community.

    In a challenging market the GFM Awards recognize the progress, achievements and leadership of companies and institutions around the world that are engaged in the financial market either directly or supporting it. GFM aims to promote award winners through the GFM website while also using its media partners to ensure that various other news agencies take up the announcements.

    Articles on the GFM site are read by in excess of 40,000,000 people per year and the portal is ranked independently among the top 20,000 websites globally. GFM benefits from not only producing its on editorial but aggregating focused news from a number of global news providers. As a truly global financial news portal GFM aims to ensure that the panel headed by the Publisher with input from the research team choose winners that best reflect over achievement in the nominated categories.

    The awards selection panel used a wide range of criteria to come to their decisions on the 2015 award winners. Some of the general criteria depending on the industry including but not limited Transparency, Corporate Governance, Sustainability, Volume of transactions, Innovation, Customer Service. Some of the specific criteria used included Market Capitalization, Earnings per Share, Price/Earnings Ratio, Total Revenues, Net income, Operating Profits, Tier 1 Capital, Total Deposits, Loan to Deposit Ratio, Non-Performing Loan Ratio, Coverage and Provision.

    The judging panel are proud to award the following institutions:
    BMO Private Bank Best Domestic Private Bank US 2015
    ACB Best Customer Service Bank Vietnam 2015

    These awards recognize the exceptional manner in which the winning institutions have focused on delivering excellence within its nominated segment over the last year.

    The process by which GFM Review reached this decision is open and unbiased. The research team identify a number of organizations in a given sector. These are passed to the Nominations Team who contact those institutions that have nominated for the specific award.

    The judging panel then review the material presented before them and make a decision as to who in their eyes is worthy of the award.

    About GFM Review
    Global Financial Market Review (GFM) is an online news portal that is focused on the financial industry. It has been developed to deliver informative and independent news from around the world. The articles on GFM are both sourced from a number of independent news sources as well as written in-house. This reflects in the quality that and insight that the portal delivers to readers. GFM readership comprises of decision makers from global businesses including FT100 and Fortune 500 companies as well as high net worth individuals.

    About BMO Private Bank, a Part of BMO Financial Group
    BMO Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high-net worth clients. Through integrated teams of experienced financial professionals, BMO Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.

    About ACB
    ACB is one of Vietnams largest Banks. The bank's core business has continued to grow. The balance sheet has experienced measured growth. Loan growth has focused on consumers and small and medium-sized enterprises. In 2014, consumer lending grew 15% and customer deposits grew 12%, while interbank borrowing fell for a third consecutive year. In addition, the bank was well capitalized, with a capital adequacy ratio of 14.1%. In 2014, ACB fully upgraded its core banking platform, from TCBS to DNA, and subsequently upgraded ACB Online, its internet banking channel. The restructuring of its branch network also continued, encouraging better efficiency and customer satisfaction.

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