SHB is the only Vietnamese bank to receive this award. Photo courtesy of the bank

HÀ NỘI — SHB has been recognised by Global Finance, receiving the prestigious 'Best Sustainable Finance Bank in Việt Nam 2025' award.

This marks the third consecutive year SHB has earned this honour, reaffirming its leadership in sustainable finance and commitment to long-term economic and environmental benefits.

SHB is the only Vietnamese bank to receive this award, which acknowledges its dedication to promoting financial solutions that drive sustainable development. The recognition highlights SHB’s efforts in financing projects that support environmental protection, mitigate climate change, and create lasting positive impacts on society.

The Sustainable Finance Awards, an annual recognition by Global Finance, honours financial institutions that actively develop and implement credit policies aimed at reducing the impacts of climate change and fostering a sustainable future. Winners are selected based on independent, objective criteria, including governance policies, sustainability goals and measurable achievements in sustainable finance. In the Asia-Pacific region, SHB is the only Vietnamese bank to be recognised in this category, solidifying its position as a leader in sustainable banking.

A representative from SHB said: “Sustainable finance is no longer just a trend but a strategic priority for the bank. By developing financial products and services that align with both customer needs and environmental goals, SHB continues to expand its credit activities to support projects that protect the environment, minimise carbon footprints, and promote long-term sustainability. As climate change increasingly affects communities, SHB remains committed to fostering a greener future through responsible financing.”

As one of Việt Nam’s leading private banks in green finance, SHB has allocated a significant portion of its loan portfolio to sustainable projects, with this figure growing rapidly. These investments contribute to Việt Nam’s commitment to achieving net-zero carbon emissions by 2050.

The bank has been a key financial partner in major green initiatives, such as the Happy Rice Factory, the largest agricultural investment project in Asia, and the Yang Trung Wind Power Plant in Gia Lai Province, which significantly contributes to the national power grid.

Beyond renewable energy and agriculture, SHB also provides capital for key infrastructure projects in logistics, seaport transportation, and other sectors critical to Việt Nam’s economic development.

Over the years, SHB has collaborated with international financial institutions, including the World Bank (WB), International Finance Corporation (IFC), and the Asian Development Bank (ADB) to support clean energy projects, sustainable businesses as well as small and medium-sized enterprises, particularly those owned by women.

SHB’s commitment to sustainability has been widely recognised by international organisations. In 2024, Finance Asia Magazine awarded SHB the title of 'Bank with the Most Positive ESG Impact in Việt Nam' for the second consecutive year. Alpha Southeast Asia Magazine also named SHB 'The Best Sustainable Financing Bank for SMEs'.

SHB aims to strengthen its position as a leading financial institution by prioritising efficiency, digital transformation, retail banking excellence and strategic financing for private and public enterprises.

With people and corporate culture as its foundation, modern technology and digitalisation as its driving force, and sustainable development as its long-term goal, SHB is committed to shaping Việt Nam’s financial markets in line with global standards. — VNS