Shinhan Vietnam Finance Company Ltd., has won the 2020 Best Sustainability Development Company Vietnam award from the UK’s Global Banking & Finance Review magazine.

The award is based on criteria such as sustainable development goals, business practices and strategy, sustainability management, employee safety and wellbeing, stakeholder engagement and involvement in sustainable development in the region.

Atul Dixit, CEO of Shinhan Finance, said: “We are honoured to be awarded the Best Sustainability Development Company Vietnam in 2020. Recognising the critical link between a healthy business and sustained economic growth, we are committed to protecting and enhancing the credit environment. We will always integrate sustainability criteria in our risk assessment and decision-making procedures.

“It not only helps strengthen our financial health but also contributes to systemic financial banking stability under the State Bank of Vietnam’s direction and, at the same time, contribute to a more ecologically sustainable, wealthy and peaceful country.”

Shinhan Finance is a fully foreign-owned subsidiary of Korea’s Shinhan Card.

Global Banking & Finance Review is a leading online and print magazine.

The annual awards honour institutions that stand out in their particular area of expertise in the finance industry, recognise achievements, challenges, progress and inspirational changes in finance globally. — VNS