Dong A Bank leads in money transfer service

The Dong A Money Transfer Company of the Dong A (East Asian) Joint-Stock Commercial Bank obtained a revenue of 1 billion USD in 2007, holding a market share of 20 percent.

According to the State Bank of Vietnam ’s statistics, in 2007 Vietnam received a total of 5 billion USD in foreign currencies remitted by overseas Vietnamese and guest workers from abroad.

Dong A has maintained the leading position in money transfer service over the past 8 years by expanding its network to 100 offices in 44 provinces and cities nationwide. Its customers may receive remittances from over 170 countries via the company’s worldwide partners.

The Dong A Company has also developed its cooperation with foreign partners to bring the services to Vietnamese people living and working in the US, Canada, Australia, France, Germany, Malaysia and Taiwan.

VNA

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