The Saigon - Hanoi Commercial Joint Stock Bank (SHB) was honored among the Top 10 typical enterprises for sustainable green energy and environment at the “World Energy and Environment - Vietnam 2026” Forum organized by the Vietnam Chamber of Commerce and Industry (VCCI).
The title recognizes SHB’s persistent efforts in realizing its green development strategy, integrating environmental, social, and governance (ESG) standards into business operations, and accompanying Vietnam’s sustainable growth targets.
Holding its position among the Top 4 private commercial joint stock banks in Vietnam, SHB consistently adheres to guidelines from the Party, policies from the State, and national strategies.
On this foundation, the bank continuously refines its governance capacity according to international standards, expands green capital mobilization, and accompanies enterprises in transforming growth models, contributing to Vietnam’s net-zero commitments.
Unlocking green capital for sustainable growth
Throughout its journey of over three decades, SHB has remained steadfast in its goal of safe, efficient, and sustainable development. The bank allocated resources early to research and operate under ESG standards. Internally, the “greening” process has taken place strongly, with an enthusiastic response from leadership to staff.
SHB implements measures to reduce energy and resource consumption at branches and transaction offices, including using renewable energy, saving electricity and water, and minimizing waste.
The bank also accelerates digital transformation to minimize paper and resource usage, applying electronic management systems in internal operations.
Additionally, SHB gradually integrates environmental and social risk management factors into credit activities, prioritizing capital for green projects, renewable energy, and clean, environmentally-friendly production.
From the Hanh Phuc rice mill in An Giang to the Yang Trung wind power plant in Gia Lai, SHB’s capital is quietly present in many projects marking sustainable development. Alongside these typical projects, SHB accompanies numerous wind power, hydropower, green manufacturing, and agricultural projects nationwide.
SHB’s expanding investment portfolio clearly demonstrates its orientation toward greening capital flows, directing financial resources into sectors that create sustainable value in line with Vietnam’s green growth targets and net-zero commitments.
Currently, SHB ranks among the leading private banks in the proportion of green credit to total outstanding loans, affirming the banking system’s role in guiding economic transformation toward sustainability.
Connecting global green resources
In 2025, SHB successfully raised two medium-term USD syndicated loans under ESG criteria totaling $600 million. Both transactions recorded high interest from international markets, with subscription volumes exceeding initial target limits. Consequently, SHB exercised its greenshoe option to optimize capital structure and meet financing demands for green projects.
The new capital helps SHB expand financing capacity for enterprises and projects aligned with green growth and sustainable development. The transaction series attracted 26 international financial institutions, co-arranged and guaranteed by five Mandated Lead Arrangers and Bookrunners (MLABU): the Sumitomo Mitsui Banking Corporation (SMBC), CTBC Bank, First Abu Dhabi Bank (FAB), Mashreq Bank, and the State Bank of India (SBI), all of which are reputable international financial institutions. This reflects SHB’s appeal and prestige among the international lending community and investor base, while showing the strong shift of global capital flows into ESG-compliant transactions in Vietnam.
Steadfast in its sustainable development strategy, SHB continues to position itself as an effective bridge bringing international green capital into Vietnam, accompanying enterprises in green transformation and enhancing resource efficiency, thereby making practical contributions to sustainable development goals of Vietnam and the international community.
For many years, SHB has successfully cooperated with leading global financial institutions including the World Bank, the Asian Development Bank, and the International Finance Corporation to direct capital to green projects and various economic components, such as renewable energy development, small and medium-sized enterprises (SMEs), and women-owned businesses.
SHB’s efforts have been recognized by reputable domestic and international organizations, with awards such as “Top 10 Outstanding Comprehensive ESG Performing Enterprises” at the Vietnam ESG Awards; “Vietnam’s Most Positive ESG Impact Bank” from FinanceAsia; “Vietnam’s Best Sustainable Finance Bank” from Global Finance; and ESG Program of the Year - Vietnam” from The Asian Banking and Finance.
Entering a new growth phase, SHB aims to develop its customer ecosystem and accelerate technology application, targeting to become a “next-generation bank of national stature,” accompanying the country’s development in the new era. On a technological foundation, SHB applies “5 First” - Data & AI First, People First, Cloud First, Security First, and Mobile First - creating a framework to build a modern, secure, and flexible digital bank.
SHB aims by 2030 are to become the No. 1 bank in efficiency, the most preferred digital bank, the best retail bank, and a top bank providing capital, financial products, and services to strategic corporate customers with ecosystems, supply chains, value chains, and green development, as well as SMEs and individual clients. Looking ahead to 2035, SHB strives to become a leading modern, digital, and green bank in the region.
To realize these goals, SHB continues focusing on implementing its Comprehensive Transformation Strategy based on four pillars: Customer- and market-centricity; Reform of mechanisms, policies, regulations, and processes; People as key agents; and IT modernization and digital transformation, guided by six core values: Heart - Faith - Trust - Knowledge - Wisdom - Stature.
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