SHB was honored by Euromoney as “Best SME Bank in Vietnam”

Within the framework of the “Awards for Excellence 2024”, Saigon – Hanoi Commercial Joint Stock Bank ( SHB ) was honored by Euromoney Magazine as “Best SME Bank in Vietnam”.

Euromoney Magazine’s “Awards for Excellence” is the world’s most prestigious awards system in the finance and banking industry, with the participation of financial institutions from more than 100 countries each year. The list of award-winning companies and banks is selected after a fair evaluation process and thorough research.

Within the framework of “Awards for Excellence 2024”, SHB Bank was honored as “Best SME Bank in Vietnam”. According to Euromoney Magazine, SHB’s SME (small and medium-sized enterprise) lending in 2023 grew by 54% - the highest figure among banks in Vietnam.

In addition, SHB has developed synchronous solutions for SMEs including Cash Flow Management and Online Overdraft Support on an automated technology platform, helping businesses save time and improve business performance.

In 2023, SHB deployed the SLINK Account Collection Service on Internet Banking for corporate customers. SLINK helps record and manage revenue accurately for each point of sale, which is very useful for businesses with supply chains or many retail points. Transactions transferred to corporate payment accounts classified through SLINK accounts will be systematized, integrated and processed automatically and quickly. This solution was honored by The Digital Banker Magazine at the Digital CX Awards 2024.

The Euromoney “Best SME Bank in Vietnam” award once again affirms SHB’s leading position in the small and medium enterprise customer segment. Since the beginning of the year, SHB has been continuously awarded prestigious international awards related to this customer segment such as “Best Sustainable Financing Bank for SMEs” (Alpha Southeast Magazine); “Best SME Bank in Vietnam” (FinanceAsia Magazine); “Best Domestic SME Cooperation Initiative” (ABF Magazine)…

As one of the five largest private commercial banks in Vietnam, SHB has become a trusted companion of all customers in general and SMEs in particular. The bank constantly strives to provide financial/non-financial solutions to support businesses in overcoming capital difficulties, applying advanced technology as well as improving competitiveness.

With strong financial potential, modern technology platform and diverse product/service ecosystem, SHB has met strict criteria, becoming a reliable partner of many leading financial institutions in the world. One of the Bank's outstanding milestones is the signing of a credit contract worth 120 million USD with the International Finance Corporation (IFC). This credit helps SHB develop its SME lending portfolio, including women-owned businesses and businesses with supply chains.

In 2024, SHB is focusing resources to implement a strong and comprehensive Transformation Strategy based on 4 pillars: Reforming mechanisms, policies, regulations, and processes; People are the subject; Taking customers and markets as the center; Modernizing information technology and digital transformation and steadfastly following 6 core cultural values ​​"Heart - Trust - Faith - Knowledge - Intelligence - Vision".

SHB sets a strategic goal of becoming the TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time the TOP Bank providing capital, financial products and services to strategic private and state enterprise customers, with a supply chain, value chain, ecosystem, and green development.