| In 2018
As SHB commemorated its 25th anniversary, the bank proudly received the Second-Class Labor Medal, awarded by the President for the second time. By bringing the Premier League Cup to Vietnam, SHB provided Vietnamese fans with a rare opportunity to witness championship trophies firsthand, thereby contributing to the promotion of Vietnam’s image and its people to the global stage. Signing a strategic cooperation agreement with two major international financial institutions, the International Investment Bank (IIB) and the International Bank for Economic Cooperation (IBEC), has significantly enhanced SHB’s reputation. This partnership not only unlocks development opportunities but also fosters bilateral trade cooperation between Eastern European countries and Vietnam. In 2019: SHB takes pride in being recognized as the inaugural financial partner of Amazon Group, a leader in the global e-commerce sector. This partnership fulfills the vision of empowering Vietnamese businesses to expand their reach globally, marking a significant milestone in SHB’s commitment to supporting local enterprises. In 2020: In its commitment to supporting Small and Medium Enterprises (SMEs), SHB has taken proactive steps. The bank has signed a comprehensive cooperation agreement to support member businesses of VINASME, facilitating their growth. Additionally, SHB has inked an on-lending framework contract with the Small and Medium Enterprise Development Fund (SMEDF), providing crucial support to innovative startups and SMEs engaged in value chains. These initiatives have been consistently upheld and further promoted in subsequent years. In 2021 Increased the charter capital to 26,674 billion VND and affirmed its robust financial capacity. SHB has relocated its stock trading from the Hanoi Stock Exchange (HNX) to the Ho Chi Minh City Stock Exchange (HOSE) to better serve the needs of foreign investors. By aligning with the larger market presence and liquidity of HOSE, SHB aims to increase its appeal to foreign investors. Moreover, the bank’s emphasis on transparent management practices, in accordance with both domestic and international standards, reinforces its commitment to integrity and accountability. To enhance the quality of its financial capital, SHB has strategically opted to divest 100% of its capital at SHB Finance through an agreement with Krungsri Bank – Thailand, a member of the MUFG group. This move allows SHB to bolster its capital surplus while minimizing exposure to significant financial risks and optimizing its financial portfolio. SHB has chosen BCG, renowned as one of the world’s top three strategic consulting firms, as its consulting vendor. This decision reflects SHB’s strategic intent to leverage BCG’s extensive expertise and experience to fine-tune its strategic direction and bolster its competitiveness within the market. In 2022 In alignment with the Government’s policy and global development trends, SHB, T&T Group, Vietnam Airlines, and VNR signed a comprehensive strategic cooperation agreement on August 12, 2022. Continuing its strategy of strengthening partnerships with major corporations, SHB signed cooperation agreements with Vietnam Airlines, Vietnam Railway Corporation, Vietnam National Textile and Garment Group (VINATEX), and Vietnam Posts and Telecommunications Group (VNPT). |