The only bank in Vietnam to receive the "Green Award" from The Asian Banker
- 122
- Brand
- 20:44 14/08/2024
DNHN - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has made a significant mark on its journey toward green and sustainable development by winning the prestigious "Best Green Financing in Vietnam" award.
The Asian Banker Vietnam Excellence Awards 2024 is one of the most prestigious and rigorous award programs in the finance and banking sector in the Asia-Pacific region. This program recognizes outstanding achievements and innovations in retail finance, green finance, technology, and banking services tied to sustainable development goals.
As a category within The Asian Banker Awards program, with sustainable finance initiatives as the top criteria for evaluation and selection, the "Best Green Financing in Vietnam" award was presented to HDBank by The Asian Banker—a globally renowned organization. This award acknowledges the bank's efforts and comprehensive achievements in recent years, particularly in its sustainable development goals with stakeholders.
In Vietnam, since 2015, HDBank has been one of the first commercial banks to implement an environmental and social risk assessment system in credit granting. It has pioneered the promotion of green credit, with hundreds of millions of USD in recent years allocated to renewable energy projects, organic agriculture projects in the Mekong Delta, and green and environmentally friendly transformation projects across the country.
HDBank is also the first bank in Vietnam to pioneer the issuance of a Sustainable Development Report in 2024 and the first bank in Vietnam to establish an ESG (Environmental, Social, and Governance) Committee under the Board of Directors to directly lead and supervise the implementation of sustainability goals and initiatives.
According to an HDBank representative, the "Best Green Financing in Vietnam" award continues to affirm HDBank's correct vision in its goal of developing into a leading commercial bank in Vietnam with international integration, aligned with its responsibility for sustainable development alongside the community and society. Green finance is a key focus that HDBank promotes, alongside its strengths in developing financial solutions and products for the agriculture and rural sectors, SME businesses, supply chain financing, retail, and consumer finance.
Along with The Asian Banker, many other prestigious international organizations have recognized HDBank's efforts and achievements in sustainable development in recent years. These include the "Green Deal Award" in the Asian Development Bank's (ADB) global trade finance program in 2019, The Asset Triple A Awards for Best Bank for Sustainable Finance in 2022, and the "Sustainability Initiative of the Year" award from The Asian Banking and Finance (ABF) in 2023…
Hoang Chuong
Related news
#Commercial banks
HDBank Press Release: Mid-2024 Business Results
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has just released its financial report for Q2/2024, showing a half-year pre-tax profit of VND 8,165 billion, an increase of 48.9% compared to the same period last year.
SHB honored as “Best SME Bank for Sustainable Finance”
With sustainable financial solutions and a diverse range of digital products/services for small and medium-sized enterprises (SMEs), SHB has been honored as the "Best SME Bank for Sustainable Finance".
Banks told to rollout low-interest businesses loans
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV) last week.
SHB in the Top 200 of the Fortune SEA 500 List, expanding its regional and international reach
In the first-ever Fortune SEA 500 list, Saigon-Hanoi Commercial Joint Stock Bank (SHB) ranked 137th among the largest revenue-generating organizations in Southeast Asia.
Restructuring the banking sector through mandatory transfers
The State Bank of Vietnam (SBV) has decided on the mandatory transfer of Vietnam Construction Bank (CB) and Ocean Commercial Bank (OceanBank) to Vietcombank and Military Bank (MB), respectively.
Export-import credit is entering a “busy season”
Export-import credit is entering a bustling season, with increased activities to support businesses in expanding their international markets. Banks and financial institutions are ramping up funding, meeting the growing demand in global trade.
Đọc thêm Brand
Hoàng Hải Anh and his young peers launch MR. Burgers – a Halal dining destination in Hanoi
At the age of 18, Hoàng Hải Anh (Haris) and his friends have introduced MR. Burgers, bringing the clean Halal food experience to visitors in Hanoi.
SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
The new cooperation and investment expansion plans of South Korea’s leading conglomerates reaffirm Khánh Hòa’s growing appeal in the eyes of international investors.
A trade fair organizer surprises by joining the ranks of top-earning listed companies
Financial results for Q2 and the first half of 2025 have been announced by numerous companies listed on the Vietnamese stock market.
HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
HDBank has signed a syndicated loan agreement worth USD 215 million with three international financial institutions: Sumitomo Mitsui Banking Corporation (SMBC), FinDev Canada, and the Japan International Cooperation Agency (JICA).
Sao Mai Group’s pangasius export segment embraces new opportunities
IDI – a member of Sao Mai Group – is building its third factory, aiming to significantly enhance export capacity to capitalize on new opportunities in the U.S. market.
The foundational mark of pioneers in renewable energy amidst an evolving legal framework
Vietnam’s renewable energy journey was marked by bold early investment at a time when the legal framework was still taking shape.
LAMORI – The Spirit of Lam Kinh in Every Breath
LAMORI is more than a luxury retreat—it is a harmonious convergence of boundless nature and sacred historical roots.
The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
In the context of globalization and sustainable development trends, Đại Dũng Group stands out with its 30-year journey in the fields of mechanical manufacturing, construction, and steel structure.
Rediscovering connection – a journey of discovery at LAMORI
LAMORI Resort & Spa is more than just a retreat; it is a destination for souls seeking reconnection, where every moment brings a meaningful experience.
Southern Vietnamese woman takes Ngoc Linh netted rice paper to all corners of the world
The Cai Be craft village has long been famous for many specialties of the Southern region of Vietnam. However, if it weren't for an unexpected event over 20 years ago, people would not know how Ngoc Linh netted rice paper has spread globally.