“Developing with the country” - although it is only summarized in 5 words, it is a sacred responsibility in the journey of building and developing the country of the Banking industry. It is not only a task, but also a tireless dedication to the prosperity of the country, where the economy plays a pivotal role.
On the S-shaped strip of land, a 31-year-old bank has accompanied the country through ups and downs, bringing capital along the length of the country as its name "Saigon - Hanoi Commercial Joint Stock Bank" - SHB. On the journey of development with the country, SHB is continuing to contribute not only with the stature of a TOP5 private bank but also with the values from "Heart".
The entire journey of “from Heart to Vision” of SHB is told through numbers and specific actions, towards the prosperity of the country, entering a new era.
A bank with heart and vision, striving with the country to enter a new era
"I have met Mr. Do Quang Hien. Mr. Hien is a person who loves banking. Mr. Hien has a vision and can develop Nhon Ai Bank into a large bank." This is what Mr. Tran Ngoc Linh - the first Chairman of the Board of Directors of Nhon Ai Rural Commercial Joint Stock Bank - the predecessor of SHB, shared about Mr. Do Quang Hien - the current Chairman of the Board of Directors of SHB.
After 31 years of operation, Mr. Linh's words were correct. Under the leadership of Chairman of the Board of Directors Do Quang Hien, SHB has successfully transformed its operating model from a rural bank to an urban bank and has now become a large institution, ranked in the Top 5 largest private commercial banks in Vietnam with over VND 36,600 billion in charter capital.
The achievements and development of SHB over the years are proof of the Bank's journey of growth.
In the first 9 months of 2024, SHB's accumulated pre-tax profit reached VND 9,048 billion, achieving 80% of the annual plan. As of September 30, 2024, total assets were VND 688,387 billion, up 9.2% compared to the end of 2023. SHB's business efficiency indicators remain in the top group in the industry.
On the journey to reach “Level”, SHB not only aims to maintain its position in the top banks, but also aspires to go further, conquer greater challenges, overcome all market fluctuations, and reach regional level.
SHB is going on on the path of transformation, becoming a modern and professional bank, aiming to build a Bank of the Future - Bank of the Future and will inherit traditional values, humanities and cultural depth that has created a bank over three decades.
The Bank is focusing resources to implement a strong and comprehensive Transformation Strategy based on 4 pillars: Reforming mechanisms, policies, regulations and processes; People as the subject; Taking customers and markets as the center; Modernizing information technology and digital transformation and steadfastly following 6 core cultural values "Heart - Trust - Faith - Knowledge - Intelligence - Vision".
SHB sets a strategic goal of becoming the TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time the TOP Bank providing capital, financial products and services to strategic private and state corporate customers, with a supply chain, value chain, ecosystem, and green development.
Stick to lasting values
Over 31 years of establishment and development, SHB has continuously expanded its scale and improved service quality, becoming a reliable financial partner for individuals and businesses.
In the list of Top 10 Private Banks contributing the largest amount to the state budget in Vietnam in 2023, SHB is in 5th place with nearly 3,100 billion VND, making an important contribution to increasing national revenue and promoting socio-economic development activities.
The large budget contribution not only demonstrates social responsibility and commitment to the highest benefits for the community but also demonstrates SHB's stable growth, creating trust for investors and customers.
Not only contributing to the budget, SHB actively participates in social security activities, building schools, houses, infrastructure, sponsoring equipment, helping students go to school, helping people and poor households overcome difficulties and stabilize their lives.
Recently, SHB has contributed to the Program to support the elimination of temporary and dilapidated houses for poor and near-poor households nationwide and implemented interest reduction and exemption for customers, supporting people affected by storms and floods, estimated at nearly VND 150 billion. In addition, the Bank has sponsored 2 school projects in Dien Bien province with a total value of VND 12.5 billion.
On the other hand, SHB has actively provided credit for clean energy and renewable energy projects, contributing to building a circular and sustainable economy for Vietnam. All of these are practical contributions to the overall development of the country, helping Vietnam move closer to the goal of reducing net emissions to zero by 2050.
In the upcoming journey, SHB will continue to accompany the creation and spread of good values to society and the community, join hands to build a strong and prosperous country, and enter a new era - the era of the Vietnamese people's rise.
