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OCB Wins the Green and Sustainable Private Bank in Vietnam Award from The Asian Banker

30 March, 2025

Representative of OCB’s leadership receives an award from The Asian Banker

It is known that to achieve this result, OCB has undergone a rigorous evaluation by The Asian Banker’s panel of experts, including specialists from leading credit organizations, banks, and fund management companies worldwide. The award is based on audited results and considers consumer experience surveys regarding the financial service provider.

The evaluation criteria include: Clear brand positioning in the market; Stable performance over a long period and economic cycles; Ensuring customers have a smooth and seamless experience in all transactions; A well-defined business strategy to achieve long-term goals; Offering the best services and diverse products to serve customers; Implementing efficient processes and technologies to optimize operations; Strict risk management capabilities; Leading in new technology trends and product development; Experienced leadership and staff committed to serving customers; Commitment to customers and active participation in community development.

According to The Asian Banker, the winner of the Private Green and Sustainable Bank in Vietnam category has demonstrated efficient financial performance, recognizing innovation in delivering customer value while maintaining sustainability commitments in environmental, social, and governance aspects. OCB is regarded as a pioneer in adhering to international standards for promoting green investment, reducing energy consumption and CO₂ emissions, digital transformation, and continuously launching friendly, modern, and convenient products and services.

“In fact, we implemented our sustainable development strategy towards a pioneer Green Bank in Vietnam very early on with many specific activities. As of December 31, 2024, green credit at OCB had increased by 30% compared to 2023, reaching an 11% ratio of green credit balance to total credit balance, while the industry average is 4.5%. We focus on prioritizing capital and expanding efficient lending for projects that create added value, clean energy, and high-tech agriculture, such as renewable energy, including wind, solar, and hydropower; Green building A+; Water supply plants and smart agriculture using sustainable farming methods, drip irrigation, and water storage…

OCB focuses on prioritizing capital and expanding lending for green and sustainable projects

Most recently, OCB launched the “Green Deposit” product – OCB Green Deposit for corporate customers, committing that customers’ deposits will be used to finance green projects. We believe that banks are not just capital providers but also “coordinators” and guides for capital flow into strategic areas such as renewable energy, sustainable agriculture, and green urban development. Therefore, we continuously enhance and supplement the “Green Deposit” product into our bank-wide green financial solutions portfolio. Additionally, OCB also expects that, besides bringing optimal benefits to depositors, we can also accompany businesses with the same sustainable development orientation, thereby promoting financial resources for green projects and building a green future,” said Mr. Duc.

The bank is currently implementing a series of community and social programs. One notable example is the OCB Pin Hunter campaign, with the message “Turn Old Pins into a Greener Earth,” aiming to collect and recycle used pins nationwide. OCB Pin Hunter is not just about waste collection and treatment; it’s also about inspiring and connecting individuals to their environmental responsibilities, encouraging the community to act for a sustainable ecosystem, and transforming CN/PGD bank branches into Green, eco-friendly transaction offices for customers.

“The award for Private Green and Sustainable Bank in Vietnam by The Asian Banker is a testament to OCB’s impressive achievements in promoting green finance, technology, and banking services aligned with its sustainable development strategy. This recognition also motivates us to continue our journey towards a greener and more sustainable future for our community and society,” emphasized OCB’s leadership representative.

Kim Ngan

– 07:10 28/03/2025