SHB completed the transfer of 50% of SHBFinance’s charter capital to Krungsri International cooperation supports women-owned businesses SHB Chairman Do Quang Hien continues to be elected Chairman of HANOISME for the term 2023-2028 SHB Finance officially approved by the SBV to convert legal structure Moody’s affirms SHB’s B1 ratings amid volatile market SHB aims towards becoming a top player in the banking system with powerful and comprehensive transformation SHB’s Chairman of the BOD Do Quang Hien was elected Vice Chairman of Vietnam Small and Medium Enterprises Association SHB and IFC signed a senior loan agreement
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Saigon – Hanoi Commercial Joint Stock Bank (SHB) was established on November 13, 1993 and officially listed on the Vietnam stock market in 2009. After nearly 30 years of establishment and development with the criteria of sustainable, safe and effective operation, SHB has achieved many achievements, situated a strong mark and position in the Vietnamese financial market and reached out to the world market, contributing to the strong development of the country’s economy.

SHB currently has more than 9,200 employees, more than 530 domestic and foreign transaction points, serving more than 5 million individual and corporate customers and connecting to 500 correspondent banks across continents.

Accordingly, by the end of September 30, 2022, SHB’s total assets reached more than VND 528 trillion, completing 92.79% of the year plan. Charter capital reached 26,674 billion dong, equity reached 61,915 billion dong, credit rating of Moody’s reached B1 – positive outlook. Total mobilized capital in market I from economic organizations and individuals of SHB reached VND 389,345 billion, outstanding loans reached VND 376,104 billion. Total net income from business activities in the first 9 months of the year reached VND 14,666 billion.

In the first 9 months of 2022, SHB held the position of Top 5 most profitable private commercial banks with pre-tax profit of VND 9,035 billion, completing 78% of the plan set by the General Meeting of Shareholders.

During the journey of nearly 30 years of development, SHB has always carried in itself the mentality and mission of one of the top commercial banks, demonstrating the ‘Aspiration to lead’ with the principle of ‘Serving from the Heart’. SHB takes Heart as the core and motto of all activities, creating different values ​​in the market. Always mindfully serving the Nation, the Community and Customers with its heart, SHB firmly believes in ‘Give First – Get Later’.

SHB currently ranks among the Top 5 largest joint stock commercial banks of Vietnam, Top 10 most prestigious joint stock commercial banks in Vietnam, Top 50 best enterprises in Vietnam, Top 100 banks in ASEAN region, Top 500 banks Asia-Pacific region and Top 1,000 Global Banks and  is one among the 10 most influential credit institutions in Vietnam’s banking system… The Bank is also awarded Second Class Labour Medal (twice), Third Class Labour Medal and many emulation flags, certificates and merits by the Government, Ministries, Associations, Unions and other noble awards.

Not only stopping at the current successes, in the future SHB will continue its creative journey and relentless efforts, towards the goal of becoming the No. 1 bank in terms of efficiency and technologies by 2027. SHB applies leading modern technologies and becomes the most favorite digital bank among Vietnam’s commercial banks. In its vision to 2030, SHB will become a leading modern retail bank in the region.