A leading bank in green credit.

The program was attended by members of the Selection Council, including Mr. Phung Khac Ke, former Deputy Governor of the State Bank of Vietnam; representatives from the Ministry of Information and Communications , the University of Economics and Law, associations, banks, insurance companies, securities firms, Fintech companies, and domestic and international IT corporations…

Mr. Nguyen Thanh Tung, Director of Corporate Banking at VietinBank, receives the award from the organizing committee. Photo: VietinBank

The program was attended by members of the Selection Council, including Mr. Phung Khac Ke, former Deputy Governor of the State Bank of Vietnam; representatives from the Ministry of Information and Communications, the University of Economics and Law, associations, banks, insurance companies, securities firms, Fintech companies, and domestic and international IT corporations…

Some of VietinBank's notable sustainable development activities include: developing and issuing the Bank's Sustainable Finance Framework, which was assessed by an independent third party, Morningstar Sustainables, as "reliable and having a significant impact" on sustainable development; launching the Green Up green finance package worth VND 5,000 billion to promote sustainable business development; collaborating with MUFG with the goal of raising up to USD 1 billion for sustainable development in Vietnam; building and establishing an environmental and social risk management system in green lending activities... Recently, VietinBank introduced the Green Deposit product to the market, aiming to diversify capital mobilization mechanisms for green and social projects.

VietinBank – A leading bank in green credit in 2024. Photo: VietinBank

In addition, to actively communicate the Bank's activities, orientations, products, services, and sustainable development solutions to the public, VietinBank has launched a special section "Sustainable Development" on its website, aiming to promptly disseminate the latest efforts in its sustainable development journey.

It is known that the "Outstanding Bank in Green Credit" award is one of seven important categories of the Outstanding Vietnamese Bank Award for banks, including State-owned Commercial Banks, Joint Stock Commercial Banks, Joint Venture Banks, and Fintech/Financial companies. The award evaluates and selects outstanding entities based on strict criteria regarding policies, initiatives, products, preferential conditions for green credit, as well as the implementation of the bank's environmental and social risk management system.

Source: https://laodong.vn/kinh-doanh/vietinbank-ngan-hang-tieu-bieu-ve-tin-dung-xanh-1379891.ldo