Vietcap tobe honored as the best investment bank in Vietnam
Wednesday, August 23,2023AsemconnectVietnam - Vietcap Securities Joint Stock Company was voted by Euromoney as "Best Investment Bank in Vietnam". Vietcap is the only Vietnamese financial institution to be honored at this year's Euromoney Awards for Excellence, also the second year Vietcap's Investment Banking Division (IB) has won this prestigious award.
The Awards for Excellence 2023 award ceremony voted by Euromoney Magazine took place in Hong Kong with the participation of representatives of financial institutions from nearly 100 countries around the world.
The “Awards for Excellence” award voted by Euromoney Magazine is the most prestigious award system in the global banking and finance industry, decided by a prestigious jury, based on a rigorous evaluation and research process. The award honors financial institutions and investment banks that have made outstanding contributions to client-driven business in many areas such as Equity), Mergers & Acquisitions (M&A), Corporate advisory...
Vietcap is the only Vietnamese financial institution to be honored at this year's Euromoney Awards for Excellence, thanks to its efforts in successfully executing high-value deals in the face of volatile market conditions. In the past 2022, despite the global socio-economic fluctuations due to the influence of world events, Vietcap's business activities continued to record sustainable growth steps, especially in the investment banking sector. Accordingly, the Investment Banking segment recorded revenue of VND431 billion, up 28% compared to 2021, profit before tax reached VND342 billion, up 48% compared to 2021.
This award is the clearest proof of Vietcap's journey of dedication and devotion to customers. This is the result of resonance from the talents and efforts of a team of experienced financial advisors, highly qualified and steadfast with the goal of providing international standard investment banking services. In tune with the development of Vietnam's economy, Vietcap has been making constant efforts on the way to accompany domestic organizations and individuals to overcome difficulties and challenges to realize sustainable development goals.
The award "Best Investment Bank in Vietnam" from Euromoney is the continuation after a series of consecutive awards such as "Best SME financial consultant in Vietnam" voted by Global Business Outlook, "Best Domestic Investment Bank in Vietnam" (Best Domestic Investment Bank) and "Best Equity Mobilization Consultant in Vietnam" (Best ECM House) by FinanceAsia Awards 2023. And most recently, the award "Best M&A consultant in Vietnam" (Best M&A House) awarded by the Alpha Southeast Asia Best FI Awards 2023 award board.
In the context that the domestic and international markets are experiencing many fluctuations, Vietcap is one of the few financial institutions that can maintain stable growth with impressive operating results. Accordingly, the series of consecutive international awards that Vietcap's Investment Banking Department (IB) has been honored to receive partly shows the unremitting efforts of the enthusiastic and experienced staff and dedicated to customers on the journey to build a strong financial market for the investor community.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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