SHB Honored for the 5th Time Among Top 10 Companies with Best Annual Reports

At the 2025 Vietnam Listed Company Awards (VLCA), Saigon-Hanoi Commercial Joint Stock Bank (SHB) was once again honored in the Top 10 Companies with the Best Annual Reports in the Financial Sector, marking the fifth time SHB has received this prestigious award. This achievement further solidifies SHB’s stature, reputation, and commitment to transparency as one of Vietnam’s leading private banks.

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Mr. Le Dang Khoa – Deputy General Director – representing the bank at the award ceremony

Since its inception in 2008, the Annual Report Awards – now known as the Vietnam Listed Company Awards (VLCA) – has become a prestigious annual event. It evaluates and honors companies with outstanding reporting quality, transparent information disclosure, adherence to good governance practices, and effective ESG implementation. The program is organized by the Ho Chi Minh City Stock Exchange, Hanoi Stock Exchange, Investment Newspaper, and Dragon Capital.

VLCA 2025 is endorsed by a high-caliber panel of experts from ACCA, VIOD, IFC, and leading audit firms PwC, Deloitte, KPMG, and EY. With data support from the State Securities Commission and the two stock exchanges, the awards ensure transparency, objectivity, and accuracy.

SHB’s 2024 Annual Report, themed “New Era: Unity – Innovation – Reaching New Heights,” was highly praised by the judging panel for its content and presentation, meeting the program’s stringent criteria. The award recognizes SHB’s commitment to transparent information disclosure, international governance standards, and sustainable development, creating long-term value for customers, shareholders, investors, partners, communities, and the bank itself.

“The VLCA 2025 award not only acknowledges SHB’s relentless efforts in enhancing governance and transparency but also serves as a catalyst for continued innovation and operational excellence. We are dedicated to delivering greater value to our customers, shareholders, and communities, while contributing to Vietnam’s socio-economic development and striving for regional and global leadership,” said an SHB representative.

SHB continues to solidify its position as one of Vietnam’s leading private banks

After 32 years of growth, SHB has established itself as a leading financial institution in Vietnam, with a growing regional and international presence. SHB ranks among the TOP 5 largest private commercial banks in Vietnam by charter capital; TOP 10 most reputable private commercial banks by Vietnam Report; and TOP 200 largest companies in Southeast Asia by Fortune Magazine.

As of September 30, 2025, SHB’s total assets reached 852.695 trillion VND, a 14.1% increase from 2024, surpassing the 2025 target and on track to hit 1 million trillion VND by 2026. SHB maintains its position in the Top 5 largest private commercial banks by charter capital, with a market capitalization exceeding 3 billion USD.

Recently, SHB’s shareholders approved a 2025 capital increase plan totaling 7.5 trillion VND. The plan includes issuing over 459 million shares to existing shareholders, offering 200 million shares to professional investors, and allocating over 90 million shares under the Employee Stock Ownership Plan (ESOP). Upon completion, SHB’s charter capital is expected to rise to over 53.4 trillion VND, ranking it among the TOP 4 private banks.

Alongside strong business performance, SHB is accelerating its digital transformation, focusing on modernizing technology infrastructure, automating processes, and developing a digital ecosystem to enhance customer experience. The bank launched its next-generation digital banking app, SHB SAHA, a comprehensive upgrade from SHB Mobile. SHB SAHA marks a significant milestone in SHB’s digital strategy, realizing its vision of becoming a boundaryless bank that meets customers’ financial needs anytime, anywhere in the digital age.

In 2025, SHB has been recognized by domestic and international organizations with prestigious awards, including “Best Payment Solution Initiative in Vietnam” (The Asian Banker), “Best Public Sector Bank in Vietnam” (FinanceAsia), “Best Sustainable Finance Bank in Vietnam” (Global Finance), and “Bank of the Year” (The Banker).

Beyond business, SHB actively engages in social initiatives. In response to recent severe flooding, SHB, in collaboration with T&T Group and SHS, donated 2 billion VND to Thai Nguyen, 2 billion VND to Lang Son, and 500 million VND to Cao Bang. Additionally, SHB and companies under the Do Quang Hien ecosystem funded the construction of 15 charity homes in Hanh Phuc commune, Lao Cai, valued at 1.2 billion VND. SHB’s journey of compassion continues across Vietnam, fostering solidarity and improving livelihoods for those in need.

SHB is undergoing a comprehensive transformation to become the TOP 1 bank in efficiency; the most beloved digital bank; the best retail bank; and a leading provider of financial products and services to strategic corporate clients, both private and state-owned, with a focus on green development. By 2035, SHB aims to be a modern retail bank, a green bank, and a leading digital bank in the region.

Minh Tai

– 16:55 08/12/2025

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