SHB, one of top 100 ASEAN Banks 2014

15:02 | 26/05/2014 Economy

(VEN) - The Banker recently ranked the Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) and 13 other Vietnamese banks among the top 100 ASEAN Banks 2014.

The Top 100 ASEAN Banks 2014 were selected following the Top 1,000 World Banks 2013 and regarding their scale of first-grade capital and total assets.

Moreover, SHB took second place among the top ten banks in terms of total asset growth and ninth place among the top ten banks in terms of first-grade capital growth.

The rating showed SHB’s observation of Basel’s capital safety directions and its regional and global scale.

The recognition would also help SHB expand ties with agent banks, have an access to capital resources and see opportunities to invest and tie with international partners.

SHB was the only Vietnamese bank to receive the Bank of the Year awards from The Banker in 2010 and 2012 and was one of the Top 1,000 World Banks in 2013./.

Minh Ky