Citi honours 13 banks with 2025 STP Awards
Citi Vietnam hosted its Financial Institutions Conference and STP Award in Ho Chi Minh City on October 13 and Hanoi on October 14 bringing together leaders and industry professionals from across Vietnam s financial sector to discuss developments in payments liquidity management trade finance AI data and financial crime risk
Citi honored 13 Vietnamese banks with their 2025 Straight Through Processing (STP) Awards, recognizing their outstanding operational efficiency, accuracy, and commitment to payment excellence. The conference agenda at Citi Vietnam covered various industry topics, including 24/7 payments, Citi Token Services, liquidity management, trade finance, AI, data, and financial crime risks.
Citi Vietnam's country officer and banking head, Ngo Thi Hong Minh, emphasized the banks' vital role in supporting Vietnam's economic growth and financial stability. The STP Award underscores the importance of banks facilitating seamless cross-border payments and supporting a more efficient financial ecosystem. Citi has partnered with Vietnam's financial market since 1993, combining local expertise with a global network to connect financial institutions with international markets.
Citi was named Vietnam's Best Transaction Bank for Financial Institutions by Euromoney in 2026. Additionally, the Citi Foundation launched its fourth Global Innovation Challenge to equip young people with skills for an AI-driven economy. Citi and HDBank signed an MoU to expand their banking cooperation across various financial services, and Citi appointed Michael Zezas as its new global head of research.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
