SHB opens 2 branches, deeply penetrating the Northeastern financial market

ANTD.VN - On December 18 and December 20, 2023, Saigon - Hanoi Bank (SHB) held the opening ceremony of 2 new branches in Bac Giang and Phu Tho. This is an important milestone, contributing to expanding the bank's network in the Northeast region and bringing SHB products and services closer to local people.

SHB Bac Giang is located at No. 1B Hung Vuong Street, Hoang Van Thu Ward, Bac Giang City, Bac Giang Province. SHB Phu Tho is located at Floor 1+2, Happy Land Shopping Center, No. 1606A Hung Vuong Street, Gia Cam Ward, Viet Tri City, Phu Tho Province.

The opening ceremony of the 2 branches was attended by senior leaders of the local government, leaders of the State Bank of Vietnam provincial branches and representatives of the SHB Bank Board of Directors, departments and agencies of Bac Giang and Phu Tho provinces; representatives of central and local press agencies and many customers and partners of SHB.

SHB opens branch in Bac Giang.

Bac Giang and Phu Tho are two localities in the planning of the Hanoi capital region, belonging to the Northeast region. They are located on the economic corridors of Nanning (China) - Lang Son - Hanoi - Hai Phong and Kunming - Hanoi - Hai Phong, adjacent to the northern key economic region. Bac Giang and Phu Tho are very favorable, with great potential for economic development and cultural exchange with countries in the region.

In recent times, the two localities have also made remarkable strides in economic, political and social development. In 2023, Bac Giang had the highest GRDP growth rate in the country at 13.45%. Meanwhile, Phu Tho has made great strides with the province's economic growth rate estimated at 7.45%, ranking among the 15 localities with high growth rates in the country, ranking 3rd out of 14 provinces in the northern midlands and mountainous region.

Continue to add reliable financial addresses in Phu Tho province.

By entering the financial market in Bac Giang and Phu Tho, SHB will create favorable conditions for businesses and investors to easily access mobilized capital, promote production and business activities in the area as well as exploit and better serve the potential retail banking service market in the Northeast region.

With spacious facilities and a team of professional and dedicated staff, the newly opened SHB branches will provide customers with a full range of effective and convenient financial solutions. For example, short-term, medium-term and long-term loans for organizations and individuals; discounting bonds and valuable papers in VND and foreign currencies according to the provisions of law and SHB; foreign exchange trading services according to the provisions of law and within the limits prescribed by SHB; loans for production, business and consumption; international and domestic card services; electronic banking services, etc.

Director of SHB Bac Giang Branch presented money to the Provincial Fatherland Front.

Appreciating the position, brand reputation and recognizing SHB's continuous efforts over the past time, the leaders of Bac Giang and Phu Tho provinces shared the trust of the leaders and people of the province in the development of SHB in the country in general and in the province in particular in the coming time, and expected that SHB Branch in the area will become a bright spot in the local financial and banking market.

On behalf of SHB's Board of Directors, speaking at the opening ceremony, General Director Ngo Thu Ha thanked the provincial and city leaders and all levels and sectors for their enthusiastic support and assistance so that SHB Bac Giang and SHB Phu Tho could soon come into operation, and thanked customers and partners for always trusting, choosing and accompanying SHB.

Director of SHB Phu Tho Branch presents money to the Provincial Fatherland Front.

“SHB is fully confident that the extremely attractive business environment with the province's investment incentive policies is truly one of the prerequisites for SHB to grow strongly in the upcoming journey. SHB will provide comprehensive financial and banking products and services with high quality, applying modern digital technology to optimize the experience for the people. ", General Director Ngo Thu Ha affirmed.

Also at the opening ceremony, the Director of SHB Bac Giang and the Director of SHB Phu Tho represented the Bank to present 100 million VND to the Fatherland Front Committee in each province. This is a concrete action to realize the commitment to actively participate in social security activities and contribute to the development of the province as well as SHB's efforts to bring the best values ​​to the community and the prosperity of society.

In the coming time, newly opened SHB branches will bring customers a full range of effective and convenient financial solutions.

On the occasion of the opening and the 30th anniversary of SHB (November 13, 1993 - November 19, 2023), SHB Bac Giang and SHB Phu Tho launched the promotion program " Grand Opening - Full of Gifts " with many attractive incentives for individual customers who deposit savings from 20 million VND for a period of 6 months or more. The program takes place for 3 months from the opening date with many attractive gifts for customers. In addition, during the program implementation period, the first 3 individual customers who transact every day at the Branch will receive a practical gift combo from the bank.

Thus, in just the last 4 months of 2023, SHB opened and put into operation 5 branches in Ben Tre; Quang Binh; Quang Tri; Bac Giang; Phu Tho and 25 transaction offices in 3 regions, bringing the total number of SHB transaction points to more than 569 points domestically and internationally.

By the end of the third quarter of 2023, SHB achieved pre-tax profit of VND 8,509 billion, completing 80% of the plan assigned by the General Meeting of Shareholders. Total assets reached VND 596 trillion, up 8.13% compared to the beginning of the year. Capital mobilization from market 1 reached nearly VND 475 trillion; equity capital according to Basel II reached VND 67,801 billion. SHB also issued more than 552 million shares to pay 2022 dividends in shares at a rate of 18%, thereby increasing its charter capital to VND 36,194 billion, ranking in the Top 4 largest private commercial banks in the system.

SHB's safety, liquidity, and risk management indicators are all better than the regulations of the State Bank. SHB has fully complied with the 3 pillars of Basel II standards and since the beginning of 2023, SHB has applied Basel III standards in liquidity risk management.

Developing sustainably in parallel with a comprehensive and strong transformation strategy, SHB is increasingly affirming its brand stature in the domestic financial market, reaching out to the region. With a strong technology platform and financial potential, SHB is implementing many digital transformation projects, modernizing information technology, contributing to creating motivation to optimize operational processes and enhance customer experience, increasing efficiency in service development and modern retail banking strategy.

2023 marks 30 years of SHB accompanying and developing with the country. On this extremely important occasion, SHB was honored to receive the 3rd-class Labor Medal (2nd time) awarded by the President. This is also the time when the bank implements strong and comprehensive transformation, enhances internal capacity, expands the system with the goal of resolutely realizing the strategic orientation 2022-2027, in which SHB will soon become the most effective bank, the most favorite digital bank and become the leading retail bank in the region.

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