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Standard Chartered Bank accelerates sustainability mission through responsible financing

Standard Chartered Bank accelerates sustainability mission through responsible financing
18:45 | 10/05/2021
As one of the major international financial institutions in Vietnam, Standard Chartered Bank has thrown its considerable weight behind sustainability-linked initiatives to promoteÂ a low carbon future and shape a more resilient, sustainable economy.
âWe believe sustainable finance would be the defining moment of this new decade. The unprecedented pandemic has further highlighted the importance of sustainable finance for global and local economic resilience,â said Michele Wee, CEO Vietnam, Standard Chartered Bank, highlighting opportunities as the bank seeks to patch gaps between supply and demand and improve outcomes.
Driving clientsâ turn towards the green agenda, Standard Chartered puts top priority on environmental, social, and corporate governance (ESG) criteria. ....

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Standard Chartered launches preferential loan programme for hybrid cars

Standard Chartered launches preferential loan programme for hybrid cars
18:41 | 29/04/2021
UK-backed Standard Chartered Bank Vietnam has launched an environmentally-friendly automobile loan programme, offering one of the most preferential interest rates in Vietnamâs car loan segment to clients purchasing hybrid cars.
Standard Chartered is launching sustainable trade finance solutions across continents to help companies implement more sustainable practices across their ecosystems
The programme features flexile loan terms with interest rates starting from 5.75 per cent per year.
Along with this, clients can opt for competitive fixed interest rates at only 5.75 per cent per annum in the first 12 months, 6.25 per cent in the first 24 months, or 6.75 per cent in the first 36 months. ....

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Fitch rates Standard Chartered Bank Vietnam "BB" with stable outlook

Fitch rates Standard Chartered Bank Vietnam âBBâ with stable outlook
08:00 | 20/12/2020
Standard Chartered Bank Vietnam has announced that it has obtained a first-time rating from Fitch at BB and BBB- for its long-term issuer default foreign currency rating and local currency rating respectively. The outlooks on these ratings are stable.
These ratings are capped by Fitchâs country ceiling of BB for Viet Nam and would typically represent the highest possible rating for a bank operating in Viet Nam. - Photo thitruongtaichinhtiente.vn
Fitchâs ratings are driven by its expectation of support from the UK-based parent, Standard Chartered PLC, for the Vietnamese subsidiary which the group fully owns. These ratings are capped by Fitchâs country ceiling of BB for Viet Nam and would typically represent the highest possible rating for a bank operating in Viet Nam. ....

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Standard Chartered Vietnam launches 24/7 instant interbank transfers

Standard Chartered Vietnam launches 24/7 instant interbank transfers
09:03 | 13/12/2020
Standard Chartered Vietnam today announced the launch of its 24/7 instant interbank transfer service on SCPay, its new cloud-native global payments platform, allowing both corporate and individual clients to send and receive funds to and from external bank accounts anytime anywhere including on weekends and public holidays. The service is applicable to beneficiary/ remitter accounts of National Payment Services Vietnam (NAPAS) network member banks.
Standard Chartered Vietnam has launched two new services to enhance convenience
With this service, clients will have inward funds credited to their Standard Chartered account instantly while their outward transactions will be processed with speed for an immediate transfer. Beneficiary account details will be validated upfront to ensure transactions are accurate and secure. Clients will also receive ins ....

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