Vietnam Listed Companies Awards (VLCA) is  hosted by HOSE, Hanoi Stock Exchange (HNX), Dragon Capital Vietfund Management and Investment Review newspaper and reviewed by the International Finance Corporation (IFC), the Association of Chartered Certified Accountants (ACCA) and Big Four accounting firms: Deloitte, Ernst & Young, KPMG, PwC.

Nearly 1,000 listed corporates were scrutinized in terms of transparency and responsibility towards shareholders. In the preliminary round, annual reports, initially scored under 106 criteria, continued to be reviewed by the Big Four until the final scores were agreed on. Annual reports assessment adheres to Circular 96/2020/TT-BTC on information disclosure on the stock market and for the third year includes GHG emission reduction.

116 finalist corporate were voted by judges comprised of representatives of the State Securities Commission of Vietnam, HOSE, HNX, Viet Nam Securities Depository and Clearing Corporation (VSDC), IFC, Investment Review Newspaper and other experts to be chosen as winners.

SHB 2022 Annual Report theme of “30 years advancing with national prosperity” was highly commended by the Award jury in both the design and the quality of information presented. SHB has succeeded in ensuring the maximized transparency of its annual report and corporate governance in line with the best practices on sustainable development to enhance business performance as well as optimize interests for customers, shareholders, investors, business partners, the public and the bank itself.

SHB, with a market cap of over VND 40 trillion, is listed in the VN30 basket (blue-chip stock) – the 30 largest stocks by market capitalization.

After 30 years of establishment and development, SHB constantly strives to improve business capacity in line with the best practices in corporate governance; Pioneering in technology investment, digital transformation and at the same time proactively performing its social corporate responsibilities in social welfare and sustainable environment development.

Currently, SHB is one of the Top 4 joint stock commercial banks with the largest charter capital and the highest growth in green and green agriculture loans. In the period 2013-2023, SHB achieves the highest sustainability growth rate, with more than two-fold increase in total assets and three-fold increase in charter capital.

As of September 30, 2023, SHB’s total assets reached VND 596 trillion, a YTD increase of 8.13%; Total customer deposit reached nearly VND 475 trillion; Total outstanding loan reached 430 trillion VND; Equity capital in line with Basel II reached VND 67,801 billion. In the third quarter of 2023, SHB issued more than 552 million shares as stock dividends of 18%, thereby increasing charter capital to VND 36,194 billion, ranking in the Top 4 private commercial bank. SHB’s safety, liquidity, and risk management indicators all comply with and exceed than those stipulated by the State Bank of Vietnam. SHB fully complied with the 3 pillars of Basel II standards and from the beginning of 2023 has applied Basel III standards in liquidity risk management.

This award recognizes SHB’s outstanding efforts in delivering transparent annual report and corporate governance aligning with the best practices on sustainable development to improve business efficiency and simultaneously provide more benefits to customers, shareholders, investors, partners, communities and banks. In the coming time, SHB will continue to grow even more robustly, reaching new heights to create a sustainable and prosperous future.