Deputy Governor Nguyen Thi Hong of the State Bank of Vietnam (SBV) had a meeting with Mr Wi Sung Ho, CEO of Shinhan Bank in Korea on June 8, 2017 at the SBV headquarters.
Attending the meeting were heads of SBV departments (Monetary Policy and International Cooperation Departments, Banking Inspection and Supervision Agency); Mr. Shin Dong Min, CEO of Shinhan Bank Vietnam and specialists.
At the meeting, Deputy Governor Nguyen Thi Hong congratulated Mr. Wi Sung Ho on his newly appointed position as the CEO of Shinhan Bank in Korea and wished him a successful working-trip in Vietnam.
Deputy Governor Nguyen Thi Hong affirmed that Korea is an important partner of Vietnam - Korea political, commercial and investment relationship, which is accelerated by the collaboration of banking – finance field between the two countries.
Among eight wholly foreign owned banks operating in Vietnam, Deputy Governor highly appreciated the Shinhan Bank. She hoped that Shinhan Bank would continue boosting their strength and efficient business to contribute more effectively in accelerating the trade relationship of the two countries and the economic development of Vietnam as well.
The meeting between Deputy Governor Nguyen Thi Hong and CEO Wi Sung Ho of Shinhan Bank
For his part, CEO of Shinhan Bank Wi Sung Ho recognized the stable growth of Vietnam economy, in which monetary policy played important role and had been regulated very effectively. Therefore, Shinhan Bank considers Vietnam as one of the essential market, and planning to expand their market in Vietnam. CEO of Shinhan also briefed Deputy Governor their business orientation in Vietnam and the reform of bank structure.
Deputy Governor Nguyen Thi Hong stated that the SBV highly appreciated the contribution of foreign banks to banking sector development in particular and the economy of Vietnam in general, including Shinhan Bank Vietnam. SBV Deputy Governor believed that in the coming time, SBV continue receiving active cooperation and experience exchange from Shinhan Bank.
Giang Nguyen