Standard Chartered Vietnam named Best Foreign Bank and Best Digital Bank 2024
Standard Chartered Vietnam named Best Foreign Bank and Best Digital Bank 2024
On January 8, Standard Chartered Bank Vietnam has been named “Best Foreign Bank Vietnam 2024” for the fourth consecutive year and “Best Digital Bank Vietnam 2024” for the second consecutive year by Global Business Review.
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The dual recognition further cements the bank’s position as a leader in innovation, sustainability, and excellence in banking services.
Nguyen Thuy Hanh, Standard Chartered Vietnam’s CEO and head of Banking & Coverage said, "This recognition reflects Standard Chartered’s long-term commitment to Vietnam, where we have been operating for 120 years."
"Our focus is on aligning our global expertise with Vietnam’s local aspirations, supporting clients in achieving their goals, while contributing to Vietnam’s digital transformation and green economy. We are grateful for the trust of our clients place in us, and the dedication of our team that drives our efforts to foster sustainable, inclusive growth and a digitally connected future."
Standard Chartered continues to enhance its digital platforms with innovative solutions, catering to the growing demand for seamless, secure, and personalised banking experiences. Key initiatives include VietQR scanning, 24/7 payment options through its Virtual Account and Straight2Bank Pay solutions, and expanding APIs to streamline business processes.
Mobile banking serves as a primary digital channel, offering a seamless customer experience, with an 84 per cent usage rate and 98 per cent mobile penetration rate. The bank also operates retail digital Cash Deposit Machine centres, enabling clients to do transactions around the clock.
For its priority banking clients, the bank offers a comprehensive range of wealth management solutions, including wealth lending, bancassurance, and foreign exchange, all supported by highly skilled relationship managers. These offerings are complemented by a value proposition and digital capabilities that clients truly appreciate.
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Committed to supporting business growth and providing effective financial solutions, Standard Chartered connects clients in Vietnam to its global network and helps them integrate environmental, social, and governance (ESG) principles into their corporate and finance strategies. The bank offers a wide range of sustainability products such as green loans and bonds, social loans and bonds, and derivatives for these financing solutions, alongside sustainable accounts, sustainable cash management and Green Mortgage Loans.
It leverages this innovative product suite, together with colleagues’ deep expertise across key sustainability disciplines – ranging from transition finance to ESG advisory – to offer clients bespoke sustainable finance solutions that address challenges, help them transition, and support sustainable, inclusive growth in Vietnam. Over the last two years, the bank has offered sustainable finance products to clients in Vietnam, particularly in energy sectors, infrastructure, agriculture, food and packaging industries.
In Vietnam, Standard Chartered proudly collaborates with the government, non-governmental organisations, partners, and educational and vocational institutions, to implement Futuremakers projects to empower the young people to earn, learn and grow. Through the comprehensive projects focusing on education, employability and entrepreneurship, the bank has been supporting millions of young people in Vietnam to learn new skills and improve their chances of getting a job or starting their business.
Standard Chartered is the only international bank that has a presence in all the 10 member countries of ASEAN. The bank is a fervent supporter and aligned with the Vietnamese government’s ambitions to be net-zero by 2050 and is committed to expanding the scale and reach of sustainable finance, with plans to mobilise $300 billion in sustainable finance by the end of this decade.
