SHB ranks fourth among the top ten banks with the largest growth in deposits in the Asia-Pacific. Photo dddn.com.vn

HA NOI (Biz Hub) — The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been rated fourth among the Asia-Pacific's top ten banks with the largest growth in deposits.

The rating was conducted by the Asian Banker Journal with three Thai banks leading the ranking. The top three included TISCO Financial Group, Land and Houses Retail Bank and the Industrial Commercial Bank of China.

The bank was also ranked sixth in the top 10 banks with the largest growth in loans, behind Daiwa Next Bank of Japan (ranked first), followed by Chinese financiers the China Resources Bank of Zhuhai and Guangdong Huaxing Bank.

The bank also claimed 253th position on the magazine's top 500 ranking for the Asia-Pacific this year, up 145 places from 2012.

The Asian Banker, founded in 1996, is a leading provider of strategic intelligence in financial services. The publication is renowned for monetary and ranking players in the financial services sector. — VNS