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BIZ GUEST

their exposure to risk and position them- OUR APPROACH BRINGS TOGETHER
selves for future success in a time of change. THREE THEMES “We would like to extend our warmest
This is why embedding sustainability congratulations to Standard Chartered for your
across our business is one of the four strate- 120 years milestone in Vietnam. We are proud of
gic priority areas for Standard Chartered our over 30 years relationship with Standard
Chartered in Vietnam and inspired by your vision
and why we are supporting our clients on and commitment to providing high quality
their own transition journey. financial services for customers, as well as
Across our regions, many clients are in bringing values for your shareholders and
We strive to be a responsible company,
the earlier phases of evaluating the risks and ! benefits for your employees both domestically
opportunities associated with their transition managing the potential negative impact and internationally. We are pleased to have had
to a low carbon economy. We meet clients of our activities through strong environmental, the opportunities to coordinate with Standard
social, and governance risk filters with an
where they are, partnering closely with them experienced and well-established Environmental Chartered in many initiatives and projects in
contributing to the social and economic
to support them in managing their ESG and Social Risk Management team. ! development of Vietnam. With a shared focus on
risks and leveraging our suite of Sustainable supporting the wealth and prosperity of clients,
Finance solutions to help them accelerate the two sides have built a sustainable partnership
their transition and capitalize on the oppor- of mutual benefits, which we greatly value. We are
tunity that sustainable investing presents. also delighted to join hands with Standard
We expanded our sustainable finance Chartered to promote sustainable development in
Vietnam via sustainable financing transactions
asset books - comprising both green and and other initiatives in achieving the goals as set
social assets - to over $13 billion in 2022, out by the Government of Vietnam. Once again,
We believe in the power of finance to
representing 30 per cent growth year-on- ! we wish you continued success and further
create impact. Our dedicated Sustainable
year. This outpaced the growth in our bank- Finance team brings together our experience development in your journey ahead.
ing book as a whole, demonstrating not and expertise in managing environmental,
just our commitment to sustainability but social and governance risks with the ability
to spot opportunities and structure solutions
also the client appetite for sustainable invest- to maximize maximize the positive impact Le Ngoc Lam
CEO, JSC Bank for Investment
ing and how this is paying off in our results. potential of sponsorship and support clients and Development of Vietnam (BIDV)
in achieving sustainable growth. !
% What are the benefits and motivation
for financial institutions when partici- “Since our partnership began in 2018, Standard
pating in “green financing” and sup- Chartered Bank has consistently proven to be a
porting the economic transformation reliable and trustworthy banking institution to
towards sustainability? work with. Their commitment to providing
Sustainable investments often provide supportive, competent, and flexible services
Finally, we focus where we believe financing
stable, long-term returns, as they contribute ! has continually met and exceeded our specific
to building resilient economies and address- is most important – in areas with the largest needs. With a remarkable reputation built over
sustainable development financing gaps.
120 years of operation, we have complete
ing global challenges like climate change, ! confidence that Standard Chartered Bank will
which can result in more stable and pre- remain a steadfast companion in our business
dictable financial performance over time. journey. We extend our warmest wishes on
We have a longstanding commitment their 120th birthday and look forward to many
to Sustainable Finance, with the expertise, more years of successful collaboration.
governance frameworks, innovative think- Happy 120th birthday, Standard Chartered Bank!”
ing, technology, and reach to get capital to % How can Vietnamese business access
the markets and activities where it is needed green financing? What are the greatest Ted Lai
most. We aim to mobilize $300 billion in challenges they face? CFO, Frasers Property Vietnam
sustainable finance globally by 2030. According to the State Bank of Vietnam
Ultimately, we are working to deliver (SBV), as of the end of 2022, outstanding
an inclusive and sustainable transition, loans for green projects stood at nearly “Standard Chartered Vietnam understands
channeling capital towards low-carbon VND500 trillion ($20.48 billion), accounting the local regulations and FDI’s requirements
and nature-positive outcomes while sup- for about 4.2 per cent of total outstanding well and has proven their strong execution
porting sustainable economic growth and loans in the economy. But although we capabilities for complex banking solutions.
social development in the dynamic markets have made great progress, green credit The Bank’s dedicated relationship management
in which we operate. still faces challenges, including the ability team is able to lead and collaborate well with
Standard Chartered Bank was named to meet credit requirements from inter- various product lines to provide a quick
Project Finance House of the Year in Viet- national lenders. turnaround of advice. Standard Chartered
pro-actively provides updates for both
nam, Green Project of the Year in Vietnam, As a leading financial institution, Stan- macroeconomics and money markets on a
and Renewable Energy Deal of the Year dard Chartered is committed to supporting timely basis, customizing advice according to
(Solar) in Vietnam at the Asset Triple A long-term sustainable and inclusive eco- our specific business needs. We look forward
Infrastructure 2021 awards. These awards nomic growth across its market footprint. to working closely with the Bank in navigating
recognize Standard Chartered’s Project We have dedicated teams in the market Vietnam’s market and continued growth in our
Export Finance capabilities in supporting who help clients navigate the complexity business in the future.”
landmark Infrastructure and Clean Energy and confidently access the most innovative
projects in Vietnam and highlight the bank’s sustainable financing solutions, including Ronald Tay
commitment to and expertise in ensuring loans, bonds, trade finance, and carbon CEO of CapitaLand Vietnam
the flow of capital towards sustainable trading, to help them accelerate their tran-
development in our footprint markets. sition and realize sustainable growth. %

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