HDBank Named Best Green Financing in Vietnam

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) recently achieved a milestone in its commitment to green and sustainable development. The bank was honored with the "Best Green Financing in Vietnam" Award at The Asian Banker Vietnam Excellence Awards.

HDBank receives the "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 industry in Asia. This program recognizes outstanding achievements and innovations in retail finance, green finance, technology and banking services coupled with sustainable development goals.

As a category in The Asian Banker Awards program, with the top criteria of evaluating and selecting sustainable finance initiatives, the "Best Green Financing in Vietnam" Award was presented to HDBank by The Asian Banker - a globally prestigious organization - in recognition of its efforts and comprehensive development achievements over the past time, especially in sustainable development goals with stakeholders.

HDBank is also the first bank in Vietnam to take the lead in compiling and releasing the Sustainability Report in 2024, the first bank in Vietnam to establish an ESG Committee (on Environment, Society and Governance) under the Board of Directors to directly lead and oversee the implementation of sustainable development goals and initiatives.

According to HDBank, the "Best Green Financing in Vietnam" Award reaffirms HDBank's right vision on the goal of developing a leading commercial bank in Vietnam and reaching out to the world, associating sustainable development with community and social responsibility. In particular, green finance is the focus of HDBank's promotion, in addition to its strengths in developing financial solutions and products for agricultural and rural development, SMEs, chain finance, retail finance and consumer finance.

Besides The Asian Banker, many prestigious international organizations have highly appreciated and recognized HDBank's efforts and achievements in sustainable development, such as the "Green Deal Award" in the Global Trade Finance Program of the Asian Development Bank (ADB) in 2019, The Asset Triple A Awards - Best bank for sustainable finance from The Asset in 2022, and the “Sustainability Initiative of the Year” Award from The Asian Banking and Finance (ABF).

By Le Phuong, Vietnam Business Forum