SHB was honored as the best bank in Vietnam
Global Finance is the world’s leading financial magazine, established in the US since 1987. The awards presented by Global Finance are considered and voted through a rigorous and transparent evaluation process, so it is highly appreciated and has a good reputation. reputation in the global financial community.
Awarded the “Best Bank in Vietnam” award in 2022, Global Finance highly appreciates SHB for outstanding achievements in 2021 such as growth in total assets, profit; evaluation of products and services; net; contributions to the development of the community; technological development; customer service.
SHB is currently in the Top 5 largest joint stock commercial banks in Vietnam, Top 10 most prestigious joint stock commercial banks in Vietnam, Top 50 best enterprises in Vietnam, Top 100 banks in ASEAN region, Top 500 banks has the largest brand value in the world…and is one of the 10 most influential credit institutions in the Vietnamese banking system.
In 2021, despite facing many difficulties in the general context of the COVID-19 pandemic, under the correct direction and close direction of the Board of Directors, SHB continued to reap great successes in many fields. As of December 31, 2021, SHB’s total assets reached VND 506.6 trillion, an increase of 23% compared to the end of 2020.
Equity capital according to Basel II standards reached VND 53,114 billion. Charter capital reached 26,674 billion VND. SHB’s pre-tax profit reached VND 6,260 billion, up 91% over the same period, completing 102% of the plan set by the General Meeting of Shareholders. SHB has grown strongly with more than 530 domestic and foreign transaction points, serving more than 5 million individual and corporate customers and connecting to 400 correspondent banks across continents.
In the context of the prolonged COVID-19 epidemic, in addition to breakthrough business development, SHB always actively accompanies and supports customers, promoting the role and responsibility of a bank for the community. Most notably, in order to accompany businesses to overcome the difficult period caused by the epidemic, SHB proactively and led synchronously implementing solutions to help businesses recover production and business; is one of the private joint stock commercial banks to reduce interest rates the most to support customers affected by COVID-19.
Currently, SHB is still providing a credit support package worth more than VND 30,000 billion with preferential interest rates down to 2%, exemption and reduction of some service fees to continue accompanying customers in the near future.
At the same time, SHB is one of the banks that actively accompanies the country in the fight against the COVID-19 pandemic with timely medical support: T&T Group, SHB Bank and businesses in the ecosystem of Entrepreneur Do Quang Hien contributed up to more than 1,500 billion VND through Donating the Government’s vaccine fund, providing medical supplies to hospitals and localities, supporting the program. “Waves and computers for children”, supporting orphans due to the COVID-19 epidemic, accompanying “Spring for children”, building schools, building houses of gratitude in localities.
In order to accompany the Government, the community and businesses in the process of sustainable economic, social and environmental development, SHB has and will strive to maintain its top position among private commercial banks. on green credit. The Bank has always actively and proactively approached green capital sources of international financial institutions (WB, ADB, KfW, JICA…), considered issuing green bonds… to finance construction projects. infrastructure of Vietnam, especially green energy projects.
Defining digital transformation as one of the strategic pillars, SHB has been focusing on building a digital corporate culture, investing in IT systems, and researching and applying digital technology. Recently, SHB has successfully deployed many digital products in turn, especially bringing intelligent robots into service provision, and continued to expand the number of transaction points using customer support robots, deploying space. digital transactions throughout the system.
Recently, SHB and Temenos company signed a strategic cooperation contract to build SHB’s multiplex platform (OMNI Channel Platform). The event marked a strong transformation of SHB in the digital transformation journey.
Speaking about the award, Mr. Do Quang Vinh – Deputy General Director of SHB said: “The “Best Bank in Vietnam” award in 2022, honored by the prestigious Global Finance Magazine, has affirmed and enhanced SHB’s position in the domestic as well as international markets. The award is also a recognition of the bank’s efforts in bringing maximum value to customers and the community over the past time.“.
With the motto “Serving with compassion” and the operating motto “Reliable partner – The right solution”, SHB aims to be the number 1 bank in terms of efficiency and technology among commercial banks in Vietnam. 2025. Vision to 2035, SHB will become the leading modern retail bank in the region; To become an investment bank providing the most effective capital for key areas of the country economy Vietnam.
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