Recently, the State Bank of Vietnam (SBV) approves in writing Saigon – Hanoi Bank (SHB) to issue stock dividend with 18% dividend payout ratio and the Employee Stock Ownership Plan (ESOP). After implementing the above two options, the charter capital of SHB will increase from VND 30,674 billion to VND 36,645 billion, remaining one of […]
Recently, FinanceAsia – leading Asian magazine in finance and banking honors Saigon – Hanoi Bank (SHB) as the winner of “Biggest ESG impact 2023 in Vietnam” category at the 27th FinanceAsia Awards. ESG amid rising trend of sustainable development ESG (Environmental, Social and Governance) – a set of standards to measure the sustainability of a […]
Saigon – Hanoi Bank (SHB) continuosly coordinates with the Ministry of Industry and Trade and the World Bank (WB) to promote energy saving in the industry with the organization of the Conference “Technical training on identification and evaluation of energy efficiency project and ESCO for commercial banks”. The conference was held in 2 days from […]
Recently in the Ho Chi Minh City, Saigon – Hanoi Bank (SHB) continued to be honored with 2 award categories of “Outstanding Bank for Green Credit in 2022″ and “Bank accompanying SMEs in 2022”. These are two of the outstanding categories under the award system of “Vietnam’s Outstanding Bank Award 2022″ organized annually by the […]
Today, Saigon – Hanoi Commercial Joint Stock Bank (SHB) and Bank of Ayudhya Public Company Limited (Krungsri) of Thailand (a strategic member of MUFG Group, Japan) announced that the transfer of 50% of charter capital at Saigon – Hanoi Commercial Joint Stock Bank Finance Company Limited (SHB Finance) had completed. The two corporations shall transfer […]
In recent years, the banking system has actively cooperated with international financial institutions to support small and medium enterprises (SMEs), especially women-owned enterprises (WSMEs). This cooperation channel is creating more favorable conditions for WSMEs in accessing preferential financial services, thereby expanding production and business activities towards sustainable development. WSMEs face many challenges According to data […]
On May 14, at the 4th Congress of Delegates of Hanoi Association of Small and Medium Enterprises (Hanoisme), term 2023-2028, Chairman Do Quang Hien was re-elected Chairman of Hanoisme. Also within the framework of the Congress, Saigon – Hanoi Bank (SHB) were honored to receive a certificate of merit from the City People’s Committee and […]
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. […]