Continuously "bumper crop" of awards
During this period, in 2015, SCB Bank received 7 awards, in 2016 received 5 awards of various types.
However, the 3 consecutive years from 2017-2019 were the years when SCB was honored the most, with 12 times in 2017 and 2018, and up to 15 times in 2019. Notably, this period also coincided with the period when this bank had to work with the inspection and supervision team of the State Bank.
In 2020, the number of awards SCB received decreased to 5, but for two consecutive years 2021 and 2022, the bank was honored 8 times each year.
The awards given to SCB in 2022, the most recent year the bank announced, include awards given by international organizations including: Vietnam's Favorite Credit Card Service Award 2022 by International Business Magazine (IBM); Best Foreign Exchange Bank Award in Vietnam 2022 by International Finance Magazine; Best Commercial Bank in Vietnam 2022 by World Finance Magazine; Fastest Growing Enterprise 2021 by Enterprise Asia.
In 2021, SCB received 8 awards of various types, including 3 "prestigious" international awards at the same time: "Best Banking Technology Vietnam 2021" by The European Magazine; "Best CSR Bank Vietnam 2021" by International Business Magazine (IBM); and "Best Commercial Bank Vietnam 2021" by World Finance Magazine.
“The above awards have recognized SCB as one of the pioneering banks in the retail banking sector in Vietnam by making a difference in its development strategy. In addition to multi-utility products, suitable for customers’ diverse financial needs, SCB always focuses on providing services with superior quality and investing in modern banking technology” - quoted from the bank's announcement when "showing off" the above 3 awards.
In addition, there are other awards given by international organizations such as: Leading Bank in Debit Card Spending in 2021 awarded by Visa.
Notably, in 2021, SCB received a title that most banks or businesses want to promote, which is the "Best Workplace in Asia" award voted by HR Asia Magazine.
By 2023, after the violations of Ms. Truong My Lan and her accomplices at SCB and Van Thinh Phat were exposed, no domestic or international organizations awarded this bank.
Among the awards that SCB Bank has received over the years, there are organizations familiar to Vietnamese banks. This organization has awarded a series of awards to Vietnamese banks such as: Excellence in Risk Management Bank Vietnam, Best New Digital Bank Vietnam, Best Digital Transformation Bank Vietnam; Most Innovative Retail Bank Vietnam 2022...
The fact that a bank like SCB is considered weak and dominated by an individual but receives a "shower of awards" from domestic and international organizations causes many conflicting interpretations.
Truong My Lan - the true face of the tycoon with a huge business ecosystem, appropriating tens of billions of USD
Ms. Truong My Lan's Van Thinh Phat ecosystem includes thousands of businesses, and was concluded to have appropriated hundreds of thousands of billions of VND through credit with SCB Bank and through the issuance of corporate bonds.
Van Thinh Phat case causes great damage, VN-Index drops 15 points, bottom-fishing demand increases
Demand for buying stocks at the bottom increased after selling pressure at the beginning of the new week. Many stocks no longer fell sharply as the signal of the ATO periodic order matching session. The news of Van Thinh Phat is said to have had a significant impact on investors' psychology.
After Van Thinh Phat and Tan Hoang Minh, will 'smart money' be less cautious?
The stock market experienced a volatile week with conclusions about Van Thinh Phat and Tan Hoang Minh. Steel and real estate stocks... were positive. However, the selling pressure increased sharply at the end of the week, leaving many people unable to react.
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