Standard Chartered Bank Vietnam has been named Best Foreign SME Bank in Việt Nam in 2024, for the second consecutive year.

This prestigious recognition, awarded by Global Business Outlook, reaffirms the bank’s strong commitment to empowering small and medium enterprise (SMEs) clients across Việt Nam, with innovative banking services and tailored financial solutions.

With its extensive global capabilities and deep local expertise, Standard Chartered has been enabling investment and trade flows of FDI SMEs into Việt Nam, providing best-in-class cross-border trade, FX, and account services, helping make it an attractive investment destination with other Asian and global hubs.

The bank actively engages in initiatives that support the broader growth and development of SMEs in Việt Nam by providing access to global-standard financing, from working capital to term loans with flexible collateral options in line with customers’ needs, to leveraging technology to provide SMEs clients with seamless banking experiences.

To lift participation among women-led SMEs, Standard Chartered Vietnam recently signed a strategic co-operation with HAWEE – HCM City Association of Women Executives and Entrepreneurs to offer SC WIN (Standard Chartered – Women’s International Network) programme, supporting women entrepreneurs to achieve their goals locally and globally.

The bank also looks to deliver it’s reputable digital invoice financing solution, enhanced to meet with the needs of women-led SMEs as part of SC WIN, to support women-led SMEs access to financing at ease.

Head of Wealth and Retail Banking, Standard Chartered Bank Vietnam Harmander Mahal, said: “This recognition is a testament to our continuous efforts to meet the evolving needs of SMEs in Việt Nam.

"Our commitment to innovation, advanced advisory services and the success of our SME clients remains at the core of our business strategy. We look forward to continuing our partnership with SMEs across Việt Nam, helping them achieve their business goals and contribute to the country’s economic growth.”

Standard Chartered was also awarded Best Retail Bank in Vietnam in 2024 by Retail Banker International and Best Foreign Bank in Vietnam and Best Digital Bank in 2023 by Global Business Review. — VNS