Accelerating with SMEs: The Asian Banker honors HDBank

In the context that the private economic sector - the core of which is SMEs (small and medium enterprises) - is identified as the most important driving force for national economic growth, comprehensive digital banking models have become an important lever to help SMEs accelerate. HDBank has just been honored by The Asian Banker as "The best bank providing digital financial services for SMEs in Vietnam".

SME - Growth engine, still facing financial challenges

According to statistics, SMEs account for more than 98% of the total number of enterprises in Vietnam, playing a leading role in the private economic sector - a sector that is contributing more than 50% of GDP and over 30% of the state budget.

However, according to FiinGroup, the financing gap for SMEs in Vietnam is still huge - estimated at up to 24 billion USD, more than double the current lending level, and far above the average of many developing economies. This shows that many businesses still have difficulty accessing development capital.

Faced with these challenges, over the years, HDBank has proactively expanded its credit scale and specialized solution ecosystem to accompany the SME community. Outstanding loans for this customer group always account for a high proportion of the total portfolio - a clear demonstration of HDBank's consistent commitment to supporting dynamic businesses with great growth potential.

Digital Strategy - The Key to Easier Access to Capital for SMEs

In addition to providing capital, HDBank also defines a digital strategy to serve SMEs as a long-term priority. The bank has applied modern technologies such as artificial intelligence (AI), big data and a continuous digital process to shorten credit approval time, improve product personalization and help businesses access financial services quickly and flexibly.

Solutions such as automatic loan approval/funding on a digital platform, in-depth financial consulting, and payment - e-commerce integration have formed a digital financial ecosystem of HDBank dedicated to SMEs, helping businesses optimize operations, reduce costs and accelerate business.

HDBank honored by The Asian Banker

Thanks to these practical, effective and synchronous solutions, HDBank has just been honored by The Asian Banker - a prestigious international organization in the field of finance and technology - in the category of "Best Digital SME Financing in Vietnam", the bank providing the best digital financial services for SMEs in Vietnam.

Accelerating with SMEs: The Asian Banker honors HDBank

Mr. Nguyen Van Hao (middle) - Deputy General Director of HDBank representing the Bank received the award from The Asian Banker

This award is a recognition of HDBank's technological capabilities, while affirming the Bank's pioneering role in creating a favorable environment for SMEs to make breakthroughs, from easier access to capital to improving internal strength and expanding integration into the global value chain.

According to HB Bank representative, being honored by The Asian Banker is a meaningful milestone in the journey of digital transformation associated with real service. Aiming at the goal of developing at least 1 million more businesses by 2030 as emphasized by the Prime Minister in Directive No. 10 dated March 25, HDBank will continue to accompany the development of the SME community, from financial support to promoting green transformation, digital transformation and accelerating integration.

Award: "Best Digital Financial Services Provider for SMEs in Vietnam" – The Asian Banker.

Applied technology: AI, Big Data, digitizing credit approval process.

Benefits for SMEs: Easy access to capital, optimized operations, cost savings.

HDBank Vision: Accompanying SMEs in digital transformation, sustainable development and international integration.

Source: https://congthuong.vn/tang-toc-cung-doanh-nghiep-sme-the-asian-banker-vinh-danh-hdbank-380828.html