Saigon-Hanoi Bank named most innovative bank in Vietnam

Hanoi, October 28 (VNA) - Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been honored by the International Finance Magazine as the "Most Innovative Bank in Vietnam" in 2014, becoming the first Vietnamese commercial bank to get the award. With a large readership in over 185 countries around the world, the London-based financial magazine’s awards have become a benchmark to evaluate the performance and credibility of financial institutions since it is dedicated to providing news, analysis, and commentary for the global financial community. The "Most Innovative Bank" award is based on the criteria of creativity and innovation in banking business operations. Besides assessing information provided by the bank itself, the IFM's assessment process is conducted independently, based on the evaluation of information on the bank through third party sources and surveys from partners and customers of the bank. In 2014, SHB's products, including "SHB-Manchester City Visa co-branded debit card", "online saving", "savings with floating interest rates", and "sporting accounts", have been appreciated for their creativity and innovation.-VNA