Saigon-Hanoi JSCB JSC 2024 AR2

The report highlights Saigon - Hanoi Commercial Joint Stock Bank's (SHB) financial and sustainability performance for the fiscal year 2024. The bank achieved a pre-tax profit of VND 11,569 billion, representing a 25.2% increase compared to 2023, with total assets surpassing VND 747 trillion. In terms of sustainability, SHB integrated ESG standards across its operations, establishing an Environmental and Social Management System (ESMS) and growing its green credit portfolio to VND 52,300 billion, which accounts for over 10% of its total outstanding debt. Additionally, the bank actively supported local communities, contributing nearly VND 278 billion to social security and disaster recovery initiatives, particularly in the aftermath of Typhoon Yagi.

Company: Saigon-Hanoi JSCB JSC

Sector: Financials

Country: Vietnam

Year: 2024

Type: AR2

Pages: 256

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Saigon-Hanoi JSCB JSC

Saigon-Hanoi JSCB JSC 2024 Annual Report

Annual Report

The report highlights Saigon - Hanoi Commercial Joint Stock Bank's (SHB) financial and sustainability performance for the fiscal year 2024. The bank achieved a pre-tax profit of VND 11,569 billion, representing a 25.2% increase compared to 2023, with total assets surpassing VND 747 trillion. In terms of sustainability, SHB integrated ESG standards across its operations, establishing an Environmental and Social Management System (ESMS) and growing its green credit portfolio to VND 52,300 billion, which accounts for over 10% of its total outstanding debt. Additionally, the bank actively supported local communities, contributing nearly VND 278 billion to social security and disaster recovery initiatives, particularly in the aftermath of Typhoon Yagi.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees

Saigon-Hanoi JSCB JSC 2024 Annual Report with Sustainability Disclosures - Free PDF