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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 promote a low carbon future and shape a more resilient, sustainable economy.
“We 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,” 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 clients’ turn towards the green agenda, Standard Chartered puts top priority on environmental, social, and corporate governance (ESG) criteria. ....

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Banks roll out green credits for eco-friendly approach


Banks roll out green credits for eco-friendly approach
10:00 | 29/04/2021
Banks roll out green credits for eco-friendly approach
The Vietnamese government’s increasing support and gradual policy reform in recent years have boosted green projects in different sectors across the country.
According to Stephanie Betant, country head of Wholesale Banking at HSBC Vietnam, there is a momentum building up worldwide of environmental and climate risks being regarded and managed alongside any other financial risks – and as a result, the demand for green credit rises.
The State Bank of Vietnam (SBV) said that the country currently has 31 financial institutions involved in green credit, with total credit of more than VND285 trillion ($12.4 billion), mainly on green agriculture and renewable energy. ....

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