On April 25, 2023, the State Bank of Vietnam (SBV) officially approved the legal transformation and granted a new establishment and operation license to Saigon- Hanoi Commercial Joint Stock Bank Finance Company Limited (SHB Finance) in the process to divest to Krungsri Bank of Thailand. According to the Decision No. 759/QD-NHNN by the SBV and […]
On April 19, the international credit rating agency Moody’s Investors Service (Moody’s) announced an update on Saigon – Hanoi Commercial Joint Stock Bank’s (SHB) rating. Moody’s maintains the B1 rating for SHB as the global market has been characterized by wide fluctuations and huge challenges in 2022 and early 2023. Specifically, Moody’s maintains the B1 […]
On April 11, 2023, in Hanoi, Saigon – Hanoi Commercial Joint Stock Bank (SHB) successfully held the 2023 Annual General Meeting of Shareholders (AGM). In the second year implementing the 2022 -2027 transformation strategy, SHB aims to become top performing bank, the leading retail bank and the most popular digital bank thereby fulfilling expected benefits […]
On March 23, 2023, Vietnam Association of Small and Medium Enterprises (VINASME) held the 4th National Congress of Delegates (2023-2028). Mr. Do Quang Hien, Chairman of the Board of Directors of Saigon – Hanoi Bank (SHB), was elected Vice Chairman of VINASME in this new term. The congress was attended by Deputy Prime Minister Le […]
On March 21, 2023, in Hanoi, Saigon – Hanoi Bank (SHB) and the International Finance Corporation (IFC) held a loan agreement Signing Ceremony between SHB and IFC with a loan package worth 120 million USD. The two parties signed the first tranche in a 3-year senior loan package of 120 million USD on IFC’s own […]
Recently, Saigon – Hanoi Bank (SHB) has successfully provided consultancy service in the investment deal worth $39 million USD between BaF Vietnam Agriculture Joint Stock Company (BaF) and the International Finance Corporation ( IFC) . As the advisory party, SHB has assisted BaF with several key aspects in the capital raising process such as: creating […]
Saigon – Hanoi Bank (SHB) has just announced the decision to appoint Mr. Tran Xuan Huy to hold the position of Deputy General Director in charge of the South region from March 1, 2023. Towards the goal of becoming bank No. 1 in terms of efficiency and technology among commercial banks in Vietnam, the introduction of […]
Continuously investing to strengthen the foundation, creating an important stepping stone for a new growth phase, Saigon – Hanoi Bank (SHB) closed the year 2022 with impressive business results compared with the same period. At the same time, the bank always actively accompanied and shared with customers and the community through several practical support activities. […]
Recently, Saigon – Hanoi Bank (SHB) was honored by the Vietnam Energy Association (VEA) as an effective investment arrangement bank for energy projects in Vietnam in the 2017-2021 period. The award is recognition for SHB’s relentless efforts in the journey of “greening” capital flows, supporting businesses, and contributing to the country’s sustainable development. Accompanying “green […]
The State Bank of Vietnam has approved the principle of transforming the legal form of Saigon – Hanoi Commercial Joint Stock Bank One Member Liability Limited Finance Company to Saigon – Hanoi Commercial Joint Stock Bank Liability Limited Finance Company (SHB Finance). Specifically, on December 30, 2022, the State Bank of Vietnam issued a written […]
On December 7, 2022, the State Securities Commission issued a document confirming the results of the issue of shares to pay 2021 dividend of Saigon – Hanoi Bank (SHB). Previously, the State Bank also approved in writing the plan to issue shares of SHB. Thus, SHB has successfully issued more than 400 million shares to […]
In order to contribute to economic recovery and development after the pandemic, and understanding the demand for production capital in the year-end season, Saigon – Hanoi Bank (SHB) has recently announced a program to reduce interest rates up to 2% /year for individual and corporate customers in priority areas, areas of production and trading of […]
At the Brand Conference 2022 held in Ho Chi Minh City, Saigon – Hanoi Bank (SHB) was honored by Forbes Vietnam as one among the “Top 25 leading financial brands in Vietnam in 2021”. Brand Conference is an annual event organized by Forbes Magazine to provide the latest trends in branding for businesses. At the […]
Recently, Mr. Do Quang Vinh – Member of the Board of Directors and Deputy CEO of Saigon – Hanoi Bank (SHB) was honored as “ Asian Master Entrepreneur -Financial Services Category “. This is a prestigious business award with leading scale in Asia, presented by Enterprise Asia, an NGO. Initiated in 2007, the Asia Pacific […]
On October 10, 2022, the State Bank of Vietnam approved in writing to let Saigon – Hanoi Bank (SHB) issue shares to pay dividends in 2021 at the rate of 15%, implement private placement to existing shareholders, and Employee’s Stock Option Plan (ESOP). After implementing the above 3 options, SHB’s charter capital will increase from […]