Standard Chartered Vietnam was named “Outstanding Supervisory Bank” and “Outstanding Member in Assets under Depository” for consecutive years and was the only foreign bank awarded the inaugural “Outstanding Member in Securities Settlement by Value” in 2022, by Vietnam Securities Depository on December 30.

This is recognition of Standard Chartered Vietnam’s contribution to the local capital market. It provides custody and fund services for most key asset managers in Vietnam and has the highest assets under management. As a provider of highly-sophisticated asset servicing solutions, the bank supports and adds value to clients’ business growth with its best-in-class product offerings that combine global standards with local insights.

According to Ms. Mai Thi Thuy, Head of Financing and Securities Services at Standard Chartered Vietnam, its strategy remains to focus on responding to the evolving needs of markets and clients through leading product and solution capabilities. “Being the only custodian bank winning all three awards is testament to the strong market recognition and client confidence in our services,” she said. “We appreciate their trust and are committed to constantly enhancing our product and service offerings to serve our clients even better.”

With a commitment to market development, Standard Chartered Vietnam continues to grow strategically with its clients. It has been a key advocate of digital transformation in securities services, which is a growing trend in the market. As the industry evolves into digitalization, part of its co-created digital solution with Dragon Capital VietFund Management was awarded “Best Payments and Collections Solution for the Year” by The Asset in 2022.

Standard Chartered Vietnam was named “Best Domestic Custodian and Best Fund Administration, Retail Funds” by The Asset and “Best Sub-Custodian Bank” by Global Finance for consecutive years in 2022.