The Saigon-Hanoi Commercial Joint Stock Company (SHB) has been named as the “Fastest Growing Trade Finance Bank” and “Most Innovative Trade Finance Bank” by the UK-based Global Banking and Finance Review magazine.

SHB is the only commercial bank in Vietnam to have won these two awards so far.

From 2009, the bank has continuously recorded an annual growth rate in international payment and finance trade at over 50 percent. In 2013, the number of its customers doubled compared to 2012, while the number of transactions reached nearly 40,000.

Besides, the bank also provides corporate customers with dynamic solution packages, suitable with business operations of each company.

Global Banking and Finance Review is a UK-based online news portal, formed and developed from the growing demand for independent reports on global banking and financial activities. Readers include decision-makers in the Fortune 500 companies, major financial institutions and central banks of 190 countries. In addition to providing information and consulting services, every year the magazine applies a comprehensive set of selection criteria to honour outstanding achievements of financial institutions in different sectors: banking, insurance, fund management, securities brokerage and investment.-VNA