Business

SHB awarded bank of excellent payment

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently won the “Excellent International Payment Bank in 2011” award for the second time.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently won the“Excellent International Payment Bank in 2011” award for the secondtime.

The annual reward is granted by the Bank ofNew York Mellon (BNY Mellon), one of the world’s most prestigious banks,to the bank that has the highest Straight-Through-Processing standardratio (STP) of at least 95 percent for international paymenttransactions.

In Vietnam , only a few banks havereceived BNY Mellon’s award. It has recently presented a similar awardto the Vietnam Technological and Commercial Joint Stock Bank(Techcombank).-VNA
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