bóng đá bet88 rise of Southeast Asia and bóng đá bet88 influence of Vietnamese banks

Southeast Asia has emerged in recent years as a highly-promising destination for global investors. According to bóng đá bet88 “Navigating High Winds: Southeast Asia Outlook 2024-34” report from Angsana Council, Bain & Company, and DBS, bóng đá bet88 region is expected to experience faster growth over bóng đá bet88 next decade compared to bóng đá bet88 last, with GDP growth and FDI exceeding those of China.

Fortune, bóng đá bet88 American business magazine, also acknowledges Southeast Asia’s growing importance in bóng đá bet88 global economy. Following bóng đá bet88 Covid-19 pandemic, numerous large multinational corporations from bóng đá bet88 Global 500 have relocated parts of their supply chains to bóng đá bet88 region.

“With a young and growing population of 680 million, low inflation, and stable exchange rates, Southeast Asia is emerging as an attractive market in its own right,” Fortune reported.

In recognition of Southeast Asia’s potential, Fortune - famous for its reputable rankings - has introduced bóng đá bet88 Fortune Southeast Asia 500 for bóng đá bet88 first time. According to Fortune, this list showcases bóng đá bet88 500 largest companies representing dynamic Southeast Asia, a region contributing approximately trillion to global GDP and displaying impressive growth.

“With this new list, we turn bóng đá bet88 spotlight on bóng đá bet88 impressive growth story of Southeast Asia and bóng đá bet88 largest companies driving this diverse region and its economies,” said Mr. Khoon-Fong Ang, Fortune’s Chief of Operations, Asia.

A look at bóng đá bet88 Fortune SEA 500 reveals that Vietnamese banks have played a substantial role in Southeast Asia’s overall growth. Among bóng đá bet88 top 200 companies on bóng đá bet88 list, 34 are banks, with Vietnam contributing 12 of them. In pursuit of becoming leading financial institutions in bóng đá bet88 region and globally, Vietnamese banks are expanding their capital, assets, and networks internationally.

Among bóng đá bet88 most successful private banks in expanding abroad is bóng đá bet88 Saigon-Hanoi Commercial Joint Stock Bank (SHB). SHB’s brand and reputation extend beyond Vietnam, reaching across bóng đá bet88 ASEAN region, including Laos, Cambodia, and Myanmar.

In terms of scale, SHB ranks among bóng đá bet88 top 5 largest private joint stock banks in Vietnam, with total assets as of June 30, 2024, amounting to VND659.76 trillion (.49 billion) and charter capital VND36.63 trillion (.47 billion). For bóng đá bet88 first half of 2024, SHB posted over VND6.86 trillion (5.5 million) in pre-tax profits, up 13 per cent year-on-year and fulfilling 61 per cent of its annual target. bóng đá bet88 bank is also finalizing regulatory filings to issue a 2023 stock dividend at a rate of 11 per cent, which is expected to raise its charter capital to VND40.65 trillion (.63 billion).

Beyond growth, SHB leads in operational efficiency, consistently maintaining bóng đá bet88 lowest Cost-Income Ratio (CIR) in bóng đá bet88 banking system for several consecutive quarters. bóng đá bet88 bank’s capital safety and risk management ratios consistently exceed bóng đá bet88 regulations set by bóng đá bet88 State Bank of Vietnam, with liquidity risk managed under Basel II and Basel III standards.

In its business operations, SHB is driving digital transformation, applying bóng đá bet88 latest technologies to optimize and streamline processes, improve operational efficiency, and enhance bóng đá bet88 customer experience. It is bóng đá bet88 only Vietnamese bank to win two awards at bóng đá bet88 Digital CX Awards 2024, organized by bóng đá bet88 Digital Banker, with evaluation support from partners such as PwC, Deloitte, Forrester, and Capco. These awards recognize and honor pioneering innovations in digital customer experience across bóng đá bet88 global financial ecosystem.

SHB was recognized for “Outstanding Digital Platform Experience - Cash Management Platform” with its “Collection Service via Slink Account”, and “Best Use of Technology for Digital Experience” with its “Automatic Credit Approval System (ACAS)”. Notably, both digital solutions were self-developed and implemented by SHB’s internal teams.

With its strong financial foundation, advanced technology platforms, and diverse product / service ecosystem, SHB meets stringent criteria and has become a trusted partner of leading global financial institutions such as bóng đá bet88 World Bank (WB), bóng đá bet88 International Finance Corporation (IFC), and bóng đá bet88 Asian Development Bank (ADB). These partnerships provide bóng đá bet88 bank with vital resources to develop policies that support businesses, particularly small and medium-sized enterprises (SMEs) and women-owned businesses.

Since bóng đá bet88 beginning of bóng đá bet88 year, SHB has consistently received awards from international organizations for its work with SMEs, including “Best Sustainable Finance Bank for SMEs” from Alpha Southeast Asia magazine; “Best SME Bank in Vietnam” from FinanceAsia magazine and Euromoney magazine; and “Best Domestic SME Collaboration Initiative” and “Best Domestic Social Impact Finance Initiative” from ABF magazine.

SHB is also highly regarded by reputable organizations and investors for its application of ESG (environmental, social, governance) standards in its business activities. At bóng đá bet88 FinanceAsia Awards 2024, SHB was named “Vietnam’s Most Positive ESG Impact Bank” by FinanceAsia magazine. This was bóng đá bet88 second consecutive year SHB won this award, demonstrating its steadfast commitment to sustainable development goals.

Ranking 137th in bóng đá bet88 Fortune SEA 500 and receiving numerous awards from prestigious organizations recently, SHB has affirmed its stature and reputation in bóng đá bet88 financial market, contributing to bóng đá bet88 region’s overall growth.

From 2024 to 2028, it is focusing its resources on implementing a comprehensive and robust transformation strategy, aiming to become bóng đá bet88 top bank in efficiency, bóng đá bet88 most preferred digital bank, bóng đá bet88 best retail bank, and a leading provider of capital, financial products, and services to both strategic private and State-owned enterprises (SOEs) with supply chains, value chains, ecosystems, and green development initiatives.