Specifically, with 84.6 points, four points higher than the previous year, Techcombank surpassed Vietcombank to secure the top spot. Vietcombank fell to the second place with a score of 84.3, while MB climbed to the third place with a score of 81.6, up one place from the previous period.
Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.
High demand during the Tet shopping season has prompted commercial banks to introduce credit offers worth hundreds of billions VND for consumers, said industry experts and insiders.
Saigon-Hanoi Commercial Joint Stock Bank (SHB) on October 17 signed a Memorandum of Understanding (MoU) with Busan Bank under BNK Financial Group of the Republic of Korea, officially establishing a comprehensive collaborative partnership between the two credit institutions, focusing on corporate, digital and investment banking.
Outstanding loans to the real estate sector in the first half of 2023 surged by 17.4%, exceeding the 10.7% growth rate of the whole of 2022, according to data from the State Bank of Vietnam (SBV).
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of 320 million USD in three Vietnamese banks, reported the Nikkei Asia.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) was given approval from the State Bank of Vietnam to increase its charter capital from the current 19.2 trillion VND (843.2 million USD) to 26.6 trillion VND (1.16 billion USD).
SHB has signed agreements to transfer charter capital at SHbank Finance Company Limited (SHB Finance) to Bank of Ayudhya in Thailand, commonly known as Krungsri – a strategic member of the Mitsubishi UFJ Financial Group (MUFG).
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been named winner of the Asian Banking and Finance (ABF) awards for the seventh consecutive years.
National flag carrier Vietnam Airlines on July 7 signed a credit deal – worth total of 4 trillion VND (173.7 million USD) – with three commercial banks, which are expected to weather the financial impact of the COVID-19 pandemic.
Currently, more than 20 commercial banks are adopting the standard version of Basel II, of which 12 have completed all three Basel II pillars ahead the deadline, namely VIB, Vietcombank, SeABank, VPBank, TPBank, MSB, VietCapitalBank, Shinhan Vietnam, SHB, LienVietPost Bank, HDBank, and Viet Capital Bank.
The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) enjoyed over 3 trillion VND (over 129.2 million USD) in pre-tax profit in 2019, representing a yearly increase of 47 percent.
US-based e-commerce giant Amazon has recently announced Vietnam’s conglomerate T&T Group as its strategic business partner, and the SHB as its first financial partner in the Southeast Asian nation.
As many as 330 bicycles worth a total 550 million VND (23,705 USD) were presented to disadvantaged students with outstanding academic results in Vietnam’s northern region, to celebrate the upcoming Lunar New Year (Tet) holidays.
A total of 330 bicycles worth nearly 500 million VND (21,500 USD) have been presented to poor students with excellent academic performances in northern localities.
Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach 1,000 trillion VND (4.38 billion USD) by 2020 and grow at 29 percent annually.
The Saigon – Hanoi Bank (SHB) plans to raise its charter capital by more than 1.2 trillion VND (52.8 million USD) to 13.24 trillion VND (582.56 million USD) in 2018.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).
Saigon Hanoi Commercial Joint Stock Bank (SHB) will provide preferential loans for farmers in the Central Highlands to grow coffee, SHB General Director Nguyen Van Le said.
