Standard Chartered has been enabling investment and trade flows of FDI SMEs into Việt Nam. — Photo courtesy of the bank

Standard Chartered Bank Vietnam has been named “Best Foreign SME Bank in Việt Nam” in 2023 by Global Business Outlook.

The award underscores the bank’s unwavering commitment to excellence in delivering exceptional value to its small and medium enterprise (SME) clients, leveraging its global expertise in business banking and financing capabilities.

With its extensive global presence and deep local knowledge, 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, bridging Việt Nam as an attractive investment destination with other Asian and global hubs. In the domestic space, the bank has been supporting the growth of local SMEs by providing access to global-standard financing, from working capital to term loans with flexible collateral options in line with customers’ needs.

With the rapidly developing financial services ecosystems in Việt Nam, Standard Chartered has been investing significantly in people, technology, and digital and analytics capabilities with a commitment to provide its clients with a seamless banking experience.

Harmander Mahal, head of Consumer, Private and Business Banking for Việt Nam and Asia Cluster Markets at Standard Chartered Bank, said: “We are very proud to receive this award and want to thank our clients and the Standard Chartered team for the trust in our organisation. We are committed to enhancing our SME banking services with our extensive international network, in-depth knowledge of the market, advanced advisory services, and cutting-edge technology to support our clients’ business growth effectively.” — VNS