On November 11, 2023 during its 30th Anniversary (November 13, 1993 – November 13, 2023), SHB was awarded the third-class Labor medal.
Mr. Tran Sy Thanh – Member of the Party Central Committee, Deputy Secretary of the Hanoi Party Committee, Chairman of Hanoi People’s Committee; Mr. Pham Thai Ha – Deputy Head of the National Assembly Office; Mr. Pham Thanh Ha – Deputy Governor of the State Bank of Vietnam and numerous representatives from other state agencies attended to celebrate the 30th anniversary of SHB’s establishment and the receipt of the third-class labor medal which acknowledges SHB’s positive contributions to the national economic and social development.
SHB (formerly known as Nhon Ai Rural Bank) was established on November 13, 1993 in Can Tho with the charter capital of VND 400 million and total assets of VND 1 billion.
SHB has achieved greatly in its prudent, effective and sustainable business strategy and succeeded in fostering solid financial foundation. Charter capital amounts to VND 36,194 billion – a more than 90,000 times increase compared to the initial one. Total assets reach nearly VND 596,000 billion. Approximately 11,000 employees are working at 569 domestic and overseas transaction points. More than 5 million personal and corporate customers have been served. Relationship with over 500 correspondent banks all over the world has been established.
Throughout its development journey, SHB has always been entrusted with major investment promotion programs of many provinces in key areas to develop infrastructure, finance production and business. SHB has made it its mission to accompany national strategy and business and pioneer in social responsibility activities.
SHB has affirmed its position in Vietnamese financial market in: top 4 largest private commercial joint stock; top 10 most influential credit institutions; top 10 most prestigious commercial banks; Top 500 banks in the Asia-Pacific region; world’s top 500 banking brands in the world; top 1,000 global banks…
SHB was awarded the second-class Labor medal twice, the third-class Labor medal and honored by many international and local institutions and publications. Various prestigious awards have been presented to teams and individuals at SHB. The Chairman of Board of Directors was also awarded the first-class Labor medal by the President of Vietnam.
In acknowledgement of SHB’s big contribution to socio-economic development and outstanding achievements in social security in the period 2018 – 2022, the President of the Socialist Republic of Vietnam awarded SHB the Third-class Labor medal which was attached to the Third-class Labor medal to SHB’s traditional flag by Mr. Tran Sy Thanh.
Deputy Governor of the State Bank of Vietnam Pham Thanh Ha hailed the outstanding outcomes that SHB employees have achieved during the 30-year journey of development. After the 30-year journey, SHB is one of the five leading private banks in Vietnam by size, network system, financial capacity. SHB has pioneered in the implementation of State Bank’s policies such as interest rate relief, bank-business connection, preferential loan for business recovery, especially many social responsibility activities. SHB’s brand and reputation are increasingly affirmed in the domestic and international financial markets.
Deputy Governor Pham Thanh Ha believes that driven by the achievements, legacy of the past 30 years, the resilience, intelligence, solidarity, innovation and creativity of all employees, SHB would further bloom in the coming time.
Chairman of the Board of Directors of SHB – Mr. Do Quang Hien stated that “Over 30 years of development with the country, despite many challenges, starting from the heart, SHB has continuously strived to bring positive values to the community and businesses, in Vietnam and other countries such as Laos, Cambodia, and Myanmar. All SHB employees are proud and appreciate the values of its legacy. We are strongly driven to unite together and successfully implement SHB’s strategic goals by 2027 and its vision by 2035. SHB aims at sustainable, prudent and effective development in alignment with international standards to be qualified as a key member in the national currency circulation”.
By 2027, SHB will become the leading bank in efficiency and technology in Vietnam and vision by 2035 is to become a leading regional retail bank. To realize these goals, SHB adheres to four pillars for a comprehensive transformation for the period 2022-2027: Institutional and mechanism reform; Customer centricity; HR development; IT platform and digital transformation.
Accordingly, mechanism and institutional reform will focus on smart management and application of modern technology to digitalize internal processes. HR development will ensure the connection between employees and the Bank. Customer centricity always puts customers at the center and innovation will be maximized to make a breakthrough. IT platform and digital transformation will improve customer experience and modernize system.
SHB people will together achieve greatly in the coming journey. Starting from the Heart – Building Trust – Establishing Prestige – Accumulating Knowledge – Achieving Wisdom – SHB will reach new heights for a long time to come.