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SHB is one of the five largest private banks in Vietnam

The Bizz honors outstanding businesses and entrepreneurs in 120 countries around the world. To win the award, businesses must meet a number of strict requirements pertaining to leadership, management systems, quality in products and services, innovation and creativity, corporate social responsibility, and results obtained. The annual award ceremony is held in European, Asian and American cities.

SHB is one of the five largest private banks in Vietnam. In the first quarter of 2018, its total assets exceeded VND286.904 trillion, including more than VND12.036 trillion of charter capital and VND 18.809 trillion of equity capital. The loan outstanding balance reached VND 202.500 trillion, a year-on-year rise of 2 percent. SHB posted a pre-tax profit of more than VND 500 billion, up 63.5 percent against the same period last year.

SHB General Director Nguyen Van Le said the Bizz award recognized SHB’s efforts over the past years to offer the best products and services to customers, partners and shareholders, affirming SHB's strong position in the financial market of Vietnam and raising its position in the international market.

Over the past years, SHB has won a number of prestigious domestic and international awards, including Home Loan Product of the Year, Auto Loan Product of the Year, and Credit Card Initiative of the Year by the Asian Banking & Finance magazine.

Recently, SHB has won the Best Bank award in Vietnam 2018 from the US Global Finance magazine.

Translated by Lam Anh