HDBank - the only bank in Vietnam to be honored for sustainable development

ANTD.VN - The Asian Banking and Finance (ABF) honored HDBank as the only retail bank in Asia and the Middle East in the category of "Bank with the most sustainable development activities in 2023" (Sustainability initiative of the year).

The annual wholesale and retail banking awards system honored by ABF are prestigious awards, a recognition that experts as well as the community give to banks with outstanding activities in each region and country. This year, in addition to HDBank, big names in the region and Vietnam such as: CIMB, HSBC, Standard Chartered, Vietinbank ... were also awarded.

Mr. Tim Charlton - Editor-in-Chief of ABF presented the award to Mr. Tran Hoai Nam - Deputy General Director of HDBank

The Asian Banking and Finance (ABF) is a leading prestigious magazine in Asia, founded in 2008. The award's jury, consisting of many prestigious financial and banking experts (representatives of all Big4 auditing and financial consulting companies in Singapore), highly appreciated HDBank based on many strict criteria on financial indicators, ESG (Environment, Society and Governance) as well as community activities that the bank has implemented over the past time.

The banking industry plays an important role in promoting the circular economy by providing financial products and services to individuals, households and businesses; supporting business activities and investments that have a positive impact on the environment and society.

Recognizing the importance of this role, since 2018, HDBank has actively implemented measures to increase resources and promote the development of Green finance in Vietnam, meeting the Vietnamese Government's goal of implementing mechanisms under the Paris Agreement to achieve net zero emissions by 2050.

Over the years, HDBank has received financial support as well as in-depth advice from prestigious international financial institutions such as IFC, DEG (Development Finance Institution of the German Reconstruction Bank KFW), Proparco (French Development Finance Institution), Leapfrog Investments, Asian Development Bank (ADB) and Affinity Equity... on sustainable development, Green finance, Green transformation and especially in developing financial products for small and medium enterprises (SMEs) owned by women.

HDBank is one of the pioneering banks in promoting sustainable development and promoting Green finance and Green transformation; applying ESG standards in business operations, aiming for long-term sustainable development and proactively fulfilling its responsibility to the community.

In the coming time, HDBank will continue to accompany SME businesses, focusing on combining sustainable development goals, ESG (including Environment, Society and Governance) with common business development goals.

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