Techcombank has been building up the landmarks recently. In April, Vietnam Technological and Commercial Joint Stock Bank, to give its formal title, held its AGM to report a 47.1% year-on-year pre-tax profit increase in 2021 to VND23.2 trillion, making it the first non-state-owned commercial bank in the country to cross the billion-dollar profit mark.
Then, in June, it set a capital raising milestone with a $1 billion syndicated loan facility at three to five years, the largest-ever medium to long-term syndicated loan for a Vietnamese financial institution.
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