SHB continues to be honored in the Top 10 Large-Cap Enterprises with the Best Annual Report - Ngân hàng SHB
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SHB continues to be honored in the Top 10 Large-Cap Enterprises with the Best Annual Report

28-12-2021

2 years in a row, excellently surpassing more than 500 enterprises, becoming one of the four banks present in the Top 10 large-cap enterprises with the best annual reports, Saigon – Hanoi Bank (SHB) constantly affirms its reputation and focus on information transparency, comprehensive development. The award is also SHB’s strong commitment in applying and complying with the highest standards of corporate governance, bringing optimal benefits to customers, shareholders, partners and the community.

The poll for listed companies in 2021 is organized by Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) in collaboration with Investment Newspaper. 2021 is the 14th year of the poll accompanying the Vietnamese stock market and the listed business community. The evaluation standards of the 2021 Listed Enterprises Poll continue to be maintained on the basis of standards, transparency, professionalism and creativity in consideration of the manner in which enterprises disclose information and implement governance policies; in addition, the enterprise’s criteria on environmental impact are also added – total greenhouse gas emissions; measures and solutions to reduce greenhouse gas emissions. The results were then reviewed by 4 leading auditing firms (Big 4), namely Deloitte, Ernst & Young, KPMG and PwC to ensure accuracy.

Outstandingly surpassing more than 500 enterprises, present in the Top 10 large-cap enterprises with best annual reports in 2021, SHB constantly affirms its reputation and focus on information transparency, comprehensive development. Expressing the theme “Serving from the Heart – Aspiration to Lead “, SHB’s annual report is highly appreciated for building processes, products, technology and continuously innovating when placing customers as the center of development. In addition, SHB is increasingly promoting specific strategies and actions in digital transformation and banking modernization. This is an important vision to promote the dynamic, comprehensive and sustainable development of the bank in the digital age, in order to maximize the benefits of customers.

With the award “Large-cap enterprise with the best Annual Report in 2021”, SHB continues to affirm its position as a reputable and transparent joint stock commercial bank.

The annual report clearly, transparently and accurately shows the business activities, growth results, governance and risks of SHB in the past year. In particular, 2021 continues to be a breakthrough year for the bank, recognizing impressive and comprehensive business results. As of September 30, 2021, SHB has total assets of VND 464 trillion. The current charter capital is more than VND 19,260 billion. Equity capital reaches VND 43.3 trillion. SHB has grown strongly with more than 530 domestic and foreign transaction points, serving more than 5 million individual and corporate customers and connecting to 400 correspondent banks across continents.

SHB is increasingly confirming its position and strong financial capacity; continuing to expand the scale of operations and business development, accelerating the bank digitization, realizing the goal of becoming the No. 1 bank in terms of efficiency and technology. In which, SHB is focusing on building a digital corporate culture, investing in IT systems and researching and applying digital technology to journeys with customers; improving governance and risk management capacity, ensuring credit growth in parallel with credit quality, towards Basel III and IFRS 9 standards.

Recently, at “The Ceremony to honor Thang Long Entrepreneurs and Enterprises” 2021, with excellent achievements in the emulation movement last year, SHB was honored to be awarded the Emulation Flag by the People’s Committee of Hanoi. “The Ceremony to honor Thang Long Entrepreneurs and Enterprises” is an annual program organized by the People’s Committee of Hanoi and the Association of Small and Medium Enterprises of Hanoi City to honor and praise businesses and entrepreneurs with outstanding achievements in production and business activities and made significant contributions to the society.

Deputy General Director Do Quang Vinh on behalf of SHB was honored to receive the Emulation Flag of the Hanoi People’s Committee for the bank’s outstanding achievements in the emulation movement in 2021.

In 2021, SHB is also honored by prestigious domestic and international organizations in many award categories: Top 1 Vietnamese customers’ favorite product; a Billion-dollar enterprise honored in the Top 50 Effective Business Enterprises; Top 50 fastest growth enterprises in Vietnam; Bank with best Covid pandemic management initiatives in 2021, Best CSR Bank – Green Bank in 2021, Bank with best initiatives for women in 2021, etc.

Along with the Top 10 Large-Cap Enterprises with Best Annual Reports in 2021 award, the above awards are a recognition and motivation for SHB to continue to grow strongly on the journey to bring effective financial solutions and superior non-financial solutions for customers, realizing the bank’s Aspiration to Lead.

 

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