Latest news with #Ho Chi Minh City
Zawya
29-07-2025
- Business
- Zawya
HDBank: A Leading Vietnamese Bank Named Among ASEAN's Top 5 in Corporate Governance for 2025
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 29 July 2025 - The Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank) has been named one of the Top 5 Vietnamese listed companies with the best corporate governance practices at the prestigious ASEAN Corporate Governance Awards 2025, held on July 24 in Kuala Lumpur, Malaysia. The award is based on the ASEAN Corporate Governance Scorecard (ACGS) conducted by the Minority Shareholders Watch Group (MSWG) in collaboration with the ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank (ADB), and involves a highly selective evaluation process. The recognition highlights HDBank's unwavering commitment to over a decade of innovation, transparent and modern governance, and the successful integration of ESG, digital transformation, and sustainable development into business operations. The awards ceremony was attended by high-level dignitaries, including Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz, alongside leaders from financial organisations, international investors, and corporate governance experts. Key discussions at the event centered on critical themes such as transparency, ESG integration, board diversity, digital transformation, and protection of shareholder rights. Mr. Kim Byoungho, Chairman of HDBank, said: "HDBank is committed to upholding the highest standards of governance – transparency, efficiency, and sustainable development – as the foundation of our international integration strategy." HDBank's more than decade-long journey of innovation bears the distinct imprint of Dr. Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of the Board. As a pioneering leader, she laid the foundation for HDBank's modern banking model, driven by advanced technology, human-centric values, and a vision for global integration. This consistent pursuit of excellence has earned HDBank recognition as one of Vietnam's Top 5 leading enterprises in corporate governance for 2025, placing it alongside major names like Vinamilk, FPT, and VPBank. This significant achievement not only solidifies the position and reputation of Vietnamese banks on the international financial map but also inspires HDBank to continue spreading impactful values to the community, investors, and the broader economy. Hashtag: #HDBank The issuer is solely responsible for the content of this announcement. HDBank
Associated Press
29-07-2025
- Business
- Associated Press
HDBank: A Leading Vietnamese Bank Named Among ASEAN's Top 5 in Corporate Governance for 2025
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 29 July 2025 - The Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank) has been named one of the Top 5 Vietnamese listed companies with the best corporate governance practices at the prestigious ASEAN Corporate Governance Awards 2025, held on July 24 in Kuala Lumpur, Malaysia. HDBank Chairman Kim Byoungho (centre) receives the award from the organisers. — Photo courtesy of the bank The award is based on the ASEAN Corporate Governance Scorecard (ACGS) conducted by the Minority Shareholders Watch Group (MSWG) in collaboration with the ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank (ADB), and involves a highly selective evaluation process. The recognition highlights HDBank's unwavering commitment to over a decade of innovation, transparent and modern governance, and the successful integration of ESG, digital transformation, and sustainable development into business operations. The awards ceremony was attended by high-level dignitaries, including Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz, alongside leaders from financial organisations, international investors, and corporate governance experts. Key discussions at the event centered on critical themes such as transparency, ESG integration, board diversity, digital transformation, and protection of shareholder rights. Mr. Kim Byoungho, Chairman of HDBank, said: 'HDBank is committed to upholding the highest standards of governance – transparency, efficiency, and sustainable development – as the foundation of our international integration strategy.' HDBank's more than decade-long journey of innovation bears the distinct imprint of Dr. Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of the Board. As a pioneering leader, she laid the foundation for HDBank's modern banking model, driven by advanced technology, human-centric values, and a vision for global integration. This consistent pursuit of excellence has earned HDBank recognition as one of Vietnam's Top 5 leading enterprises in corporate governance for 2025, placing it alongside major names like Vinamilk, FPT, and VPBank. This significant achievement not only solidifies the position and reputation of Vietnamese banks on the international financial map but also inspires HDBank to continue spreading impactful values to the community, investors, and the broader economy. Hashtag: #HDBank The issuer is solely responsible for the content of this announcement.
Malay Mail
29-07-2025
- Business
- Malay Mail
HDBank: A Leading Vietnamese Bank Named Among ASEAN's Top 5 in Corporate Governance for 2025
HDBank Chairman Kim Byoungho (centre) receives the award from the organisers. — Photo courtesy of the bank HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 29 July 2025 - The Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank) has been named one of the Top 5 Vietnamese listed companies with the best corporate governance practices at the prestigious ASEAN Corporate Governance Awards 2025, held on July 24 in Kuala Lumpur, award is based on the ASEAN Corporate Governance Scorecard (ACGS) conducted by the Minority Shareholders Watch Group (MSWG) in collaboration with the ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank (ADB), and involves a highly selective evaluation recognition highlights HDBank's unwavering commitment to over a decade of innovation, transparent and modern governance, and the successful integration of ESG, digital transformation, and sustainable development into business awards ceremony was attended by high-level dignitaries, including Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz, alongside leaders from financial organisations, international investors, and corporate governance experts. Key discussions at the event centered on critical themes such as transparency, ESG integration, board diversity, digital transformation, and protection of shareholder Kim Byoungho, Chairman of HDBank, said: "HDBank is committed to upholding the highest standards of governance – transparency, efficiency, and sustainable development – as the foundation of our international integration strategy."HDBank's more than decade-long journey of innovation bears the distinct imprint of Dr. Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of the Board. As a pioneering leader, she laid the foundation for HDBank's modern banking model, driven by advanced technology, human-centric values, and a vision for global consistent pursuit of excellence has earned HDBank recognition as one of Vietnam's Top 5 leading enterprises in corporate governance for 2025, placing it alongside major names like Vinamilk, FPT, and VPBank. This significant achievement not only solidifies the position and reputation of Vietnamese banks on the international financial map but also inspires HDBank to continue spreading impactful values to the community, investors, and the broader #HDBank The issuer is solely responsible for the content of this announcement.
Yahoo
09-07-2025
- Business
- Yahoo
Cathay Financial Holdings and Cathay United Bank Sweep 8 Awards at the Asian Banking & Finance Awards
TAIPEI, July 9, 2025 /PRNewswire/ -- At the Asian Banking & Finance Awards held on July 3, Cathay Financial Holdings and Cathay United Bank swept 8 awards: Analytics Initiative of the Year - Taiwan, Taiwan Domestic Cash Management Bank of the Year, Taiwan Domestic Trade Finance Bank of the Year, Customer Experience Initiative of the Year - Taiwan, Debit Card Initiative of the Year - Taiwan, Investment Product Innovation of the Year - Taiwan, Customer Experience Solution Award - Taiwan, and Mobile App Award - Taiwan. These accolades underscore Cathay Group's customer-centric approach and its commitment to delivering secure and convenient financial services. To meet the growing demand for digital lending solutions in Vietnam, Cathay United Bank launched the "CUB Vietnam APP" in 2024, a fast and secure mobile-based platform that includes a revolving credit facility feature. Easy and simple to use, the app enables users to access multiple loans within the approved credit facility, which remains valid for up to 5 years and takes as little as 5 minutes! As of June 2025, the app boasts over 350,000 registered users and has over 2.5 million downloads. The app utilizes data from Vietnam's business registration and financial statement databases, social media fraud scoring, geographic information systems, combining them with the Bank's internal data analytics. This fully digital credit assessment and risk control model successfully addresses the challenges faced by the Ho Chi Minh City Branch in consumer finance – earning the Cathay Group the Customer Experience Initiative of the Year and Analytics Initiative of the Year. Cathay United Bank's "CUBE App," with over 7 million users, was also highly acclaimed at this year's awards. Reaching out to "Strive for What's Possible", this app integrates information across product lines to deliver highly personalized financial services, earning the Bank 2 awards for its excellence in digital innovation: the Customer Experience Solution Award and the Mobile App Award. As a longtime supporter for inclusion, the Bank launched Taiwan's first debit card designed for the visually impaired in 2004 - the "CUBE Touch Card". With a round notch on the card edge and "CUBE" boldly embossed, the card allows its users to identify their cards with ease – securing the Bank the Debit Card Initiative of the Year. In wealth management, Cathay United Bank partnered with First Securities Investment Trust and VIVO Capital to launch Taiwan's first private securities investment trust fund focused on biotechnology private equity funds – providing investor access to diverse investment opportunities. By leveraging big data analytics to integrate online and offline service channels, the Bank provides customers with a highly personalized wealth management experience. With client assets well-guarded from fraud thanks to the Bank's extensive use of technology, the Bank's clients and assets under management have grown steadily. Notably, the annual growth of high-net-worth clients increased by over 20% - resulting in the Bank being awarded the Investment Product Innovation of the Year. Cathay United Bank showcased its financial expertise by offering diverse cross-border solutions in corporate banking, such as global fund management, cross-border deposits, and secured lending. These solutions are designed to assist corporate clients in mitigating the impact of currency fluctuations while streamlining cross-border transactions. Incorporating data insights to create a new visualized transaction platform, the Bank has been able to collaborate with local customs systems and clearance networks to digitize trade transactions, reducing lengthy paper-based procedures while enhancing security, operational efficiency, and client experience – earning the Bank the Taiwan Domestic Cash Management Bank of the Year and Taiwan Domestic Trade Finance Bank of the Year. View original content to download multimedia: SOURCE Cathay United Bank Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
