At the award ceremony on March 27, 2025, VietinBank was honored by the prestigious magazine The Asian Banker for the 5th consecutive time (2021 - 2025) as the Best SME Bank in Vietnam. The award continues to affirm the quality of service as well as the excellent financial solutions provided by VietinBank to SME business customers.

According to The Asian Banker, VietinBank has provided SMEs with comprehensive financial solutions and optimal experiences, thereby affirming the Bank's leading position in this segment. The Bank has taken initiatives to ensure a seamless experience for new customers, constantly expanding and improving products and services to meet the needs of not only start-ups and micro-enterprises but also other developing businesses.

Pioneer in developing convenient and safe online products

2024 has witnessed the launch of many breakthrough products developed by VietinBank for corporate customers in general and SME businesses in particular. For example, the online disbursement and guarantee product on VietinBank eFAST has helped businesses disburse and issue guarantees 100% online, without wasting time traveling, printing costs, and being proactive in making transactions anytime, anywhere. VietinBank has built 30 guarantee subscription packages with unlimited number of guarantee issuances within the subscription package limit, helping businesses save time and costs when using the service. The bank also launched a green deposit product to connect businesses with the same goal of sustainable development, creating green capital for projects that benefit the environment, society and community. In particular, in the near future, businesses can open accounts at VietinBank completely online without having to go to the transaction counter. The registration process is simple, taking only a few minutes with attractive incentives: Free account maintenance for the first year; Free transfers within the VietinBank system; Free issuance and maintenance of VietinBank eFAST service. With just a few simple steps on the website or application, businesses can quickly own a payment account, making transactions convenient and cost-optimized.

Continuously improve the credit process to be streamlined and fast.

Understanding that time is an important factor for businesses, VietinBank has deployed SME Simple - a capital financing solution with a quick approval process and simplified procedures, helping businesses access capital easier than ever: (i) Credit limit up to 5 billion VND without collateral, suitable for many business models; (ii) Quick approval within 24 hours, helping businesses not miss important business opportunities; (iii) Simple procedures, shortened records, reduced paperwork, optimizing the borrowing experience for SME businesses. With SME Simple, VietinBank helps businesses access finance easily, ensuring cash flow is always ready for sustainable development.

Diverse, flexible and competitive incentive ecosystem

VietinBank continuously implements many attractive incentives to support SME businesses to develop sustainably such as: SME Trade UP: Up to 45% reduction in letter of credit issuance fees and up to 65% in cargo insurance fees; SME Re-connect: Up to 80% discount on guarantee and letter of credit issuance fees for SME businesses to reuse services; International Payment Golden Day program exempts up to 100% of foreign currency transfer fees... At the same time, VietinBank also adjusts and reduces lending interest rates many times according to the direction and orientation of the State Bank to support businesses, including SME businesses, to restore production and business.

Being honored by The Asian Banker as the Best SME Bank in Vietnam for the fifth consecutive time not only affirms VietinBank's continuous efforts to improve its products and service quality but also demonstrates VietinBank's reputation in the financial and banking market. In the coming time, VietinBank will continue to develop more products and services, especially on digital platforms, to accompany the SME business community on the digital transformation journey.

Source: https://daibieunhandan.vn/vietinbank-5-nam-lien-tiep-la-ngan-hang-sme-tot-nhat-viet-nam-post409139.html