On October 10, 2023, Saigon – Hanoi Bank (SHB) – Ben Tre Branch at 8/2 Tran Quoc Tuan, Ward 4, Ben Tre City was inaugurated, marking a strategic move in expanding Southern market.

The opening ceremony of SHB Ben Tre was attended by Mr. Nguyen Truc Son – Member of Ben Tre Province Party Standing Committee, Head of Ben Tre Province National Assembly Delegation, Standing Vice Chairman of Ben Tre Province People’s Committee; Ms. Nguyen Thi Mai Ry – Standing Vice Chairwoman of Ben Tre Province’s Vietnam Fatherland Front Committee; Mr. Huynh Vinh Khanh – Chairman of Ben Tre City People’s Committee; Mr. Le Cong Thanh – Director of the State Bank of Vietnam – Ben Tre Province Branch; Ms. Nguyen Thi Dam – Director of the State Bank of Vietnam – Tien Giang Province Branch; Mr. Nguyen Manh Tuong – Deputy Director of State Bank of Vietnam – Long An Province Branch and  SHB  Board of Directors’ members and representatives of SBV, agencies and departments of Ben Tre province & city; representatives of central and local press agencies and numerous customers and partners of SHB.

Ben Tre province, one of the potential markets in the Mekong Delta, has undergone impressive economic development. In 2022, Ben Tre province GRDP increased by 7.33%. Export value around USD 1.51 billion increased by 19.69%. By the end of August 2023, Index of Industrial Production (IIP) increased by 22.75% year-on-year. In addition, Ben Tre province has numerous advantages of fertile land, abundant natural resources and rich culture, which favors the development of agriculture, forestry, industry, trade and services.

SHB aims to deliver high quality products and services to Ben Tre market, satisfy each customer segment, contributing to provincial development as well as better serving the business community and the potential retail banking service market. Furthermore, opening SHB Ben Tre branch aligns with network expansion strategy in 2023 to 569 points at home and abroad including 4 additional new branches and 25 transaction offices in Quang Tri, Quang Binh, Bac Giang, Phu Tho.

Conveniently-located premises, modern facility and professional and dedicated staff of SHB Ben Tre Branch will provide customers with a full range of financial solutions such as deposit, loan, payment services, treasury and other types of secure electronic banking services and other activities in accordance with the provisions of law and SHB Bank.

Ben Tre province’s leader showed confidence in SHB branch prosperity in the local financial market and Ben Tre province in general.

Ms. Ngo Thu Ha – CEO of SHB stated that “As a commercial joint stock bank that always accompanies the development of the agricultural industry, SHB focuses on promoting finance in agriculture for key regions, especially the Mekong Delta. Today’s Ben Tre Branch grand opening is part of SHB’s network expansion strategy to more effectively serve Ben Tre province customers.”

At the opening ceremony, Mr. Huynh Thanh Huan – Director of SHB Ben Tre donated VND 100 million to Fund for the Poor of Ben Tre province to articulate SHB’s social corporate responsibility. To celebrate the grand opening ceremony, SHB Ben Tre launched “Grand opening – Packed with gifts” program from October 10, 2023 to January 10, 2024 for personal customers who open savings accounts from VND 20 million for minimum term of 6 months. In addition, during the effective period of this program, the first three personal customers making transactions daily will receive attractive giveaway.

“Our bank development and potential coupled with the active support of the Provincial People’s Committee, the Provincial State Bank, numerous Departments, especially the trust of customers, the business community, determined and enthusiastic staff of SHB Ben Tre branch will ensure prudent, effective operation, deliver more benefits to customers, community and contribute to the socio-economic development of Ben Tre province and the whole country.” emphasized CEO Ha.

By June 2023, SHB’s pre-tax profit reached more than VND 6,084 billion, up 5.3% year-on-year. Total assets reached VND 585 trillion, up 6.21% year-to-date.  Charter capital reached VND 66 trillion. Total customer deposit increased by 13.7% year-to-date, equivalent to VND 465 trillion. Total outstanding loans reached VND 424 trillion.

Recently, SHB issued more than 552 million dividend stocks in 2022 and increased charter capital to nearly VND 36,194 billion, affirming the TOP 4 commercial joint stock banks in terms of charter capital.

Sustainable development in parallel with a comprehensive and strong transformation strategy, SHB is increasingly affirming its brand in the domestic financial market, reaching out to the region. With a strong technology foundation and financial potential, SHB is implementing many digital transformation projects, modernizing information technology, contributing to creating motivation to optimize operating processes and enhance customer experience, developing modern retail banking services and strategies.

2023 celebrates 30 years of SHB accompanying and developing with the country when the bank deploys strong and comprehensive transformation, improving business capacity, expanding the system with the goal of drastically realizing the strategic orientation of 2022-2027 that SHB becomes the most efficient bank, the most popular digital bank and the leading retail bank in the region.