Payment news, June 8

Techcombank partners with Citi on trade, while Kasikornbank adds FX night shift.

Techcombank awards trade mandate to Citi

Vietnam Technological and Commercial Joint-Stock Bank Techcombank has appointed Citi as its trade finance bank. The US institution will provide trade finance solutions and advances to Techcombank's local exporter and importer clients. Customers of Citi will also be able to take advantage of Techcombank's local network in Vietnam.

Vietnam's corporate structured space continues to evolve and its banking sector has proactively taken steps to ensure that clients' demands are met. Techcombank has made a major move in realising its goals and given Citi a phenomenal endorsement in Vietnam, a market where we see great potential to partner with leading financial institutions, said Munir Nanji, managing director and...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222