Recently, within the framework of Triple A Award (The Asset Asian Awards), The Asset, a prestigious magazine in finance and banking sector, honored Saigon – Hanoi Bank (SHB) as “Best Domestic Bank 2017”. The award once again affirms the position and prestige of one among the five largest private commercial joint stock banks in Vietnam and also desmontrates the strong, safe and sustainable development of SHB in many aspects.

The Asset is an Asia’s leading financial and banking magazine with CEOs, CFOs, analysts in finance and banking sector, investors, etc. as its main readers. Every year, The Asset selects and awards the “Best Domestic Bank” to only one outstanding bank in each country. In 2017, SHB was honored to be the only Vietnamese bank to receive this prestigious award from The Asset.

To become the best domestic bank in Vietnam, SHB has undergone a thorough examination and evaluation by leading finance and banking experts, meeting the criteria in terms of total assets, net profit, capital adequacy ratios, growth indicators, etc. for many years in a row. Accordingly, SHB’s total assets have continuously grown over the years and reached more than VND265,000 billion as of September 30, 2017, pre-tax profit reached over VND1,330 billion, safety ratios complied with or exceeded SBV’s requirements.

SHB’s business philosophy is customer centricity. Based on which, SHB has offered multiple flexible solutions to its customers.

In addition to its impressive business results, SHB has been highly appreciated in its business philosophy of customer centricity and strategies of competition by differentation based on its insights of market, customers, partners, etc. SHB has developed the most appropriate and optimal solutions to accompany customers such as financing 90% of house value, thereby realizing the dream of many young people and families, offering auto loans with competitive interest rates to personal and corporate customers, thereby removing difficulties in capital of enterprises, especially small and medium ones with many preferential financing programs and policies.

In its development process, SHB has identified its strategy of becoming a leading retail bank with two focuses: consumer retail and wholesale retail, driven by modern banking products and personal financial consulting capabilities following international standards. In order to achieve this goal, SHB has constantly improved its service quality, expanded its network with nearly 500 transaction offices in Vietnam, Laos and Cambodia to maximize customers’ returns. In addition to traditional transaction points, SHB also has boosted remarkable technology development, accelerating digital tranformation in all aspects of its operation with the aim of welcoming the Industry 4.0, thereby offering customers modern, convenient products and IT-based safe transaction channels such as internet banking, SMS mobile banking, phone banking… for 24/7 service.

Along with the award presented by The Asset, SHB has been honored with major awards by many prestigious international organizations such as “Best Information Security Bank” by Inernational Data Group (IDG), “Bank of the Year” by The Banker for 3 times and many other important awards. These awards once again affirm SHB’s leading position in banking and finance sector as well as its prestige and strong development not only in Vietnam but also at international level.