SHB awarded bank of excellent payment

March 16, 2012 | 15:49
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The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently won the “Excellent International Payment Bank in 2011” award for the second time.

The annual reward is granted by the Bank of New York Mellon (BNY Mellon), one of the world’s most prestigious banks, to the bank that has the highest Straight-Through-Processing standard ratio (STP) of at least 95 per cent for international payment transactions.

In Vietnam , only a few banks have received BNY Mellon’s award. It has recently presented a similar award to the Vietnam Technological and Commercial Joint Stock Bank (Techcombank).

VIR/VNA

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