On January 10, The Asian Banker held its Annual Vietnam Country Awards dinner at Meliá, Hanoi. Two sets of awards were presented during the night, Financial Technology Innovation Awards and Excellence in Retail Financial Services Awards. A total of 10 awards were given during the awards ceremony.
For delivering twice the growth in deposits relative to the industry, and migrating 97% of its customer base to SMART business, the online channel for corporate clients,Emirates NBD was recognised as Best Cash Management and Transaction Bank in Middle East and Africa at The Asian Banker MEA Risk and Transaction Awards Programme 2018
Alibaba broke its Singles' Day online shopping sales record on 11 November when gross merchandise volume reached $30.8 billion. This beat last year's $25 billion, which was surpassed in just 15 hours and 49 minutes.