The headquarters of Standard Chartered Bank Vietnam. — Photo courtesy of the bank
Standard Chartered Bank Vietnam has been named “Best Foreign Bank in Việt Nam” in 2023 for the third consecutive year and Best Digital Bank 2023 by Global Business Review.
The dual recognition affirms the bank’s continued excellence in both foreign banking operations and innovation in providing a seamless digital customer offering in Việt Nam.
Michele Wee, CEO of Standard Chartered Vietnam said: “Việt Nam is a key growth market for Standard Chartered, with significant opportunities across retail, commercial, and corporate and institutional banking.
"This dual recognition again reflects our continued contributions to Việt Nam’s financial landscape and our relentless pursuit of innovation and dedication to enhancing the digital experience for our valued customers. Standard Chartered Business Banking Group has recently announced the roll-out of sustainable finance products in a phased manner for SMEs. This augments our sustainable finance offering through the entire value chain of clients and further supports the net zero ambitions of Việt Nam."
At Standard Chartered, “digital-first” strategy and “customer centric” operating model are spearheaded by digital innovations and strategic partnerships. The bank’s unwavering commitment to pioneering digital solutions underscores the quest to redefine client experience and providing a seamless banking solutions. The bank holds a superior position across various digital metrics excelling digital financial transaction ratios, digitally-active clients and Mobile Banking penetration rate.
As of June 30, 2022, Standard Chartered Vietnam reported outstanding sustainable finance exposures of US$52 million supporting renewable energy assets, which has led to over 40 tonnes of CO2 saved in 2021, and $51 million supporting SME financing. Standard Chartered Vietnam and its global network also partner with local banks to finance renewable energy projects’ equipment and the bank continues to be a strong supporter of Việt Nam’s energy transition ambitions. — VNS