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Techcombank Snapshot
Techcombank is taking banking to the businesses of Vietnam. Also known as Vietnam Technological and Commercial Joint Stock Bank, the bank serves primarily individuals and small to medium businesses. It offers deposit products, loans, leasing, cash management, and other financial services. The company offers insurance through Bao Viet Life. Founded in 1993, Techcombank has more than 130 branches throughout Vietnam -- the second-largest network in the country. It plans to operate 200 locations by 2010. International banking giant HSBC owns 20% of Techcombank; the two banks also have numerous cooperative alliances.
