GFM Review Press Release for : Asia Commercial Bank (ACB) Winner of Best Bank Vietnam 2016

Top Quote Winner of Best Bank Vietnam 2016 is Awarded to Asia Commercial Bank for their outstanding customer service and distinguished segment management methodology over the last year. End Quote
  • (1888PressRelease) July 12, 2016 - Global Financial Market Review (GFM) is a dedicated online news portal that focuses on industries and news that are involved in the financial markets. As part of its coverage of this huge and 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, achievement and leadership of Global companies and institutions that are engaged in the financial market, either directly or indirectly through those 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. GFM benefits from not only producing its own editorials 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 category.

    The awards selection panel used a wide range of criteria to come to their decisions on the 2016 award winners. Some of the general criteria depending on the industry included 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 institution:

    Asia Commercial Bank (ACB) with the "Best Bank Vietnam 2016" Award
    This Award recognizes the exceptional manner in which Asia Commercial Bank (ACB) has focused on delivering customer service with its distinguished segment management methodology over the last year. ACB has ensured that customer satisfaction has been at the core of its activities and this is reflected in the Award. As a mirror of this ACB's balance sheet grew in a measured manner, in line with the market and following the bank's internal risk management principles, which continue to be strengthened thus protecting their customers and their assets.

    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. This is passed to the Nominations Team who in turn contacts those institutions that have been 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 is reflected in the quality and insight that the portal delivers to readers. GFM readership is comprised of decision makers from global businesses including FT100 and Fortune 500 companies as well as high net worth individuals.

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