The Asian Commercial Bank (ACB) has won a prize recognising it as the best bank in Vietnam for the fifth time this year.

The prize was given by The Asset – a Hong Kong-based international financial magazine. The selection of the prize winner was based on a benchmark survey of readers and the magazine’s assessment of the bank’s performance in terms of risk management and profit, capital ratio, asset quality, and credit risk reserve fund, as well as its business plan, customer service quality and other criteria.

Earlier, ACB won similar prizes from Asiamoney, FinanceAsia, Euromoney and Global Finance magazines./.