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UK bank attaches importance to Vietnam’s market

In Uncategorized on September 8, 2008 at 4:48 pm

Hanoi (VNA) – The United Kingdom’s leading bank, Standard Chartered, considers Vietnam a key growth market in Asia, Regional CEO for Southeast Asia Ray Ferguson said.

“Standard Chartered believes it [ Vietnam ] will have an increasingly powerful economic role in the region,” Ferguson said at the bank’s ceremony to launch its online internet banking service in Hanoi on September 8.

He said the bank is strongly committed to growing its business in Vietnam by combining the deep understanding of the local market with its experience in more than 70 countries to meet the diversified needs of its Vietnamese clients.

The world class online internet banking service will make banking and managing finances much more convenient for individual customers and also help to protect the environment by reducing the use of paper, according to the Standard Chartered.

Standard Chartered and another UK bank, HSBC, are expected to receive Local Incorporation licences in the attendance of visiting Prince Andrew, the Duke of York, in Ho Chi Minh City on September 9.

Prince Andrew, the UK Special Representative for International Trade and Investment, is on a five-day visit to Vietnam from September 6 at the invitation of Vietnamese Deputy Prime Minister and Foreign Minister Pham Gia Khiem.-

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