A 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 The Asset Asian Awards (Triple A).

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

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

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

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

As of September 30, 2017, SHB’s total assets reached more than 265.3 trillion VND (11.67 billion USD), while its pre-tax profit was over 1.33 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 over 12 trillion VND.

The bank currently has 7,000 employees and 500 transaction points in Vietnam, Laos, Cambodia and Myanmar to serve some four million customers.-VNA