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SHB was honored for the third consecutive year as Vietnam's Best Bank...

SHB is the only representative of Vietnam to be awarded the "Bank with the best Sustainable Financing activities in 2025" by Global Finance, recognizing the Bank's efforts in promoting financial solutions that bring long-term benefits to society and the environment.

Báo Đắk NôngBáo Đắk Nông03/04/2025

Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just been honored by the US-based Global Finance magazine as "Bank with the best Sustainable Finance activities in Vietnam in 2025" (Sustainable Finance Awards 2025), marking the third consecutive year SHB has received this prestigious award.

The Global Finance award not only affirms SHB’s position in the financial sector, but also demonstrates the Bank’s responsibility to the community and the Vietnamese economy. This also reflects the global trend of sustainable finance, as financial institutions increasingly focus on projects and activities that bring long-term benefits to society and the environment.

The Sustainable Finance Awards is an annual award presented by Global Finance to financial institutions that have initiated, maintained and developed credit activities to minimize the negative impacts of climate change and help build a sustainable future. The award is reviewed by a voting panel based on objective, independent and impartial criteria including policies, governance objectives as well as measurable achievements in sustainable financing. In the Asia-Pacific region, SHB is the only Vietnamese bank to be honored in this category.

“Sustainable financing is not only a trend but has become a strategic responsibility and priority of SHB over the years. We always strive to develop financial products and services that are not only suitable for each customer segment, but also bring positive impacts to the environment and the community. In particular, in the context of climate change increasingly seriously affecting people's lives, we are committed to continuing to develop and expand credit activities to support environmental protection projects, minimize the negative impacts of climate change, and contribute to building a sustainable future for future generations,” said a representative of SHB.

SHB was honored for the third consecutive year as the Vietnamese Bank with the best Sustainable Financing activities.
For the third consecutive year, SHB was honored by Global Finance as the Vietnamese Bank with the best Sustainable Financing activities.

As one of the private commercial banks that directs the most capital into green sectors, the proportion of green credit at SHB is up to nearly 10% of total outstanding loans and is growing rapidly, promoting clear efficiency contributing to sustainable growth and environmental protection. This demonstrates the Bank's efforts in accompanying the Government in implementing its commitment to bring net emissions to zero by 2050.

SHB is the credit institution contributing to the construction of the Hanh Phuc rice factory - the largest investment project in Asia in An Giang, inaugurated in January 2022, now completed and operating. In addition, SHB is also a credit institution bringing capital to green projects such as the Yang Trung Wind Power Plant, one of the large wind power clusters located in Gia Lai, contributing greatly to the national power grid with nearly 1 million MWh.

Along with agricultural and clean energy projects, SHB is a bank that provides capital for many key projects that change the face of the country. In addition, SHB also provides credit for a number of projects in areas such as logistics and seaport transportation - key economic sectors of the country. Over the years, SHB has been a trusted partner of many financial institutions such as WB, IFC, ADB, etc., bringing credit to clean energy projects, "green" projects and SMEs, and businesses owned by women. The bank wishes to create sustainable legacies that will last for hundreds of years, developing the Vietnamese financial market on par with the world's leading economies.

With its tireless efforts for the sustainable development of the community and society, SHB has been honored by many domestic and international organizations. In 2024, Finance Asia Magazine awarded SHB the “Bank with the Most Positive ESG Impact in Vietnam” award for the second consecutive time. In addition, Alpha Southeast Asia Magazine honored SHB as “Best Sustainable Financing Bank for SMEs”.

SHB sets a strategic goal of becoming the TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and the TOP Bank in providing capital, financial products and services to strategic private and public corporate customers, with a supply chain, value chain, ecosystem, and green development. The Bank takes people and corporate culture as the foundation; modern technology and digitalization are the driving forces for breakthroughs and sustainable development, green banking is a long-term goal.

Source: https://baodaknong.vn/shb-nam-thu-ba-lien-tiep-duoc-vinh-danh-ngan-hang-viet-nam-co-hoat-dong-tai-tro-ben-vung-tot-nhat-248191.html


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