HSBC awards VIB
Source: 17-MAY-2008 Intellasia | 14/May/2008 State Bank of Vietnam
May 17, 2008 - 7:00:00 AM Vietnam International Commercial Bank (VIB Bank) on May 9 received the award of Prominent International Payment Bank from HSBC.

HSBC's award is built based on defining quality of international payment orders and yearly payment turnover of banks through the foreign bank. Head of Corporate Banking at HSBC reported, over 95% of VIB's payment orders are matched with Society for Worldwide Interbank Financial Telecommunication (SWIFT)'s structure.

Previously, the local bank was granted the similar prize by Citigroup.