The Sài Gòn Hà Nội Commercial Joint Stock Bank (SHB) has won the Best Bank award in Việt Nam 2018 from the American magazine Global Finance.

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SHB honoured as Best Bank in VN

May, 21/2018 - 05:00

 The Sài Gòn Hà Nội Commercial Joint Stock Bank (SHB) has won the Best Bank award in Việt Nam 2018 from the American magazine Global Finance.

Established in 1993, SHB is one of the five largest private banks in Việt Nam. - Photo VNA
Viet Nam News

HÀ NỘI– The Sài Gòn Hà Nội Commercial Joint Stock Bank (SHB) has won the Best Bank award in Việt Nam 2018 from the American magazine Global Finance.

The annual award is given based on the growth of financial indicators such as total assets and profit, quality of products and customer services and technological development.

Established in 1993, SHB is one of the five largest private banks in Việt Nam.

In the first quarter of 2018, its total assets exceeded VNĐ286.9 trillion (US$12.6 billion USD), including more than VNĐ12 trillion of charter capital and VNĐ18.8 trillion  ($826.2 million).

The bank mobilised VNĐ264 trillion of capital in the January-April period.

SHB posted pre-tax profit of more than VNĐ500 billion in the period, up 63.5 per cent against the same period last year. -VNS

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