SHB awarded Best Domestic Bank in Vietnam by The Asset

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).
SHB awarded Best Domestic Bank in Vietnam by The Asset ảnh 1A transaction at SHB (Source: SHB)

Hanoi (VNA) – The Saigon-Hanoi Commercial Joint Stock Bank (SHB)has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in TheAsset Asian Awards (Triple A).

The annual Triple A recognition of The Asset – financialmagazine for Asia’s decision makers - represents the industry's mostprestigious awards for banking, finance, treasury and the capital markets.

The title once again affirms the position and prestige ofone of the five largest private banks in Vietnam.

It also reflects the bank’s strong and sustainabledevelopment in numerous fields.

Over the past years, SHB has won a lot of prestigiousinternational awards, including Best Information Security Bank by the IDG, anda slot in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’sstrongest banks.

As of September 30, 2017, SHB’s total assets reached morethan 265.3 trillion VND (11.67 billion USD), while its pre-tax profit was over1.33 trillion VND (59.1 million USD).

The bank’s chartered capital was nearly 11.2 trillion VND.The State Bank of Vietnam allowed SHB to increase its chartered capital to over12 trillion VND.

The bank currently has 7,000 employees and 500 transactionpoints in Vietnam, Laos, Cambodia and Myanmar to serve some four millioncustomers.-VNA
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