SHB honoured as best bank for corporate social responsibilityTuesday, October 9,2018
AsemconnectVietnam - The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) has been honoured by the financial publication Asiamoney as the best bank for corporate social responsibility in Vietnam.
Asiamoney, a leading finance-banking magazine in the Asia, lauded SHB for its coherent strategy in shouldering responsibility for the community with various social security projects.
Notably, the bank’s “Love sharing” and “Wings of faith” programmes sent VND5 billion (US$215,000) worth of gifts to children of disadvantaged families across the nation, along with invaluable leadership skills and lessons.
In recent years, the bank has prioritised credit support to coffee farmers, who have made concerted efforts to transform Vietnam into the world’s second-largest coffee producer. Its financial products have helped household businesses in the Central Highlands region get access to short-and medium-term loans at preferential interest rates.
By March, 2018, a total VND50.66 billion (US$2.17 million) was offered to coffee growers in the five Central Highlands provinces of Kon Tum, Gia Lai, Dak Lak, Dak Nong and Lam Dong.
Asiamoney’s annual award programme is organised annually to decide which banks in six Asian-Pacific countries have excelled across a range of core banking activities. The awards include Best domestic bank, Best corporate and investment bank, Best private bank, Best international bank, Best bank for small and medium-sized enterprises, Best digital bank, and Best bank for corporate social responsibility.
Trung Nguyen Legend launches premier coffee capsules
Hoa Phat Group moves to expand market share of steel products
Bao Minh Insurance Corporation defining with “effective and sustainable development”
Sharp Vietnam aims for 135% growth
Amata to start construction of Song Khoai IP
Seafood firms struggle in local market
UK firm plans offshore Binh Thuan wind farm
PetroVietnam fulfills yearly production targets ahead of schedule
Top 500 largest enterprises in Viet Nam announced
Organic firms need to do research
Small sized firms limiting Vietnam’s logistics potential
Leipzig opens office in HCM City
Hoa Sen Group to focus exclusively on steel business
Vietjet to launch routes from Van Don