Attending the meeting on the VNBA side were Dr. Nguyen Quoc Hung - Vice President cum Secretary General and representatives of some departments and units of VNBA's Standing Agency.
On the Moody's Rating side, there were Ms. Shirley Oh - Vice President, Customer Relationship Management of Southeast Asia; Ms. Zoe Cai, Director of Customer Relationship AVP - ESG and Customer Relationship Manager for Asia - Pacific.
Dr. Nguyen Quoc Hung - Vice President cum General Secretary of VNBA
Expressing his joy at the meeting, Dr. Nguyen Quoc Hung shared with the Moody's Rating delegation some features of the functional structure, role of VNBA and the results of VNBA's activities in the past time. VNBA is a professional social organization, operating on the principles of voluntariness, autonomy, self-responsibility, protecting the rights and legitimate interests of members, gathering and encouraging members to cooperate and support each other in business activities. Acting as a bridge between members and state management agencies, protecting the legitimate rights of members; supporting members to operate safely, effectively, and develop sustainably through organizing seminars, policy discussion forums, training, coaching, communication, etc.
VNBA currently has 75 members, including foreign banks and financial companies. Members are divided into 4 main groups, including: banking; consumer finance; payment intermediary and training and communication groups.
VNBA also has affiliated units such as the Technology Committee, Policy Committee, VietFintech Club; Banking Legal Club; Consumer Finance Club; Debt Management Club (AMC). In addition, there is also the Bank Card Association.
In addition, VNBA is a member of the ASEAN Banking Association, a partner of the Asian Banking Association and has cooperative relations with many Banking Associations of other countries and territories such as Japan, Korea, Taiwan (China), Hong Kong (China) and is a partner of several prestigious international organizations.
In particular, with the role of providing comments and policy criticism, VNBA has always received attention and positive evaluation from the National Assembly, the Government, the State Bank and ministries and branches, and is a trusted address and bridge for members.
VNBA has coordinated with many domestic agencies, units, and prestigious international organizations in organizing seminars, talks, training, and coaching for members on ESG, green credit, digital transformation, risk management, anti-money laundering, etc.
Dr. Nguyen Quoc Hung believes that Moody's is a globally reputable organization with extensive experience and will be a great opportunity for the operations of VNBA member credit institutions.
Ms. Shirley Oh - Vice President, Customer Relationship Management for Moody's Southeast Asia;
At the meeting, Ms. Shirley Oh expressed her gratitude to Dr. Nguyen Quoc Hung for receiving and discussing issues of mutual interest, and expressed her desire to cooperate with VNBA as well as VNBA members. Ms. Shirley Oh said that Moody's Rating has been operating in Vietnam since 1997. To date, there are about 20 credit institutions in Vietnam that have been rated by Moody's. In addition to credit rating for credit institutions and enterprises, Moody's also has other areas of activity such as ESG, green finance, digital transformation, etc. In 2023, Moody's also provided ESG consulting and support to Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV), Asia Commercial Joint Stock Bank (ACB), BIDV green bond rating, etc.
Ms. Shirley Oh also added that Moody's Rating has also coordinated with a number of units to establish Vietnam Investment Credit Rating Joint Stock Company (VIS Rating). At the same time, providing global best practices, technical support and experts to improve the capacity of VIS Rating.
Credit institutions and enterprises rated by Moody's Rating will have the opportunity to enhance their prestige, reputation as well as international capital raising opportunities.
At the meeting, Ms. Shirley Oh expressed her gratitude to Dr. Nguyen Quoc Hung for creating the opportunity to meet and discuss issues of mutual interest, and expressed her desire to cooperate with VNBA as well as VNBA members. Ms. Shirley Oh said that Moody's Rating has been operating in Vietnam since 1997. To date, there are about 20 credit institutions in Vietnam that have been rated by Moody's. In addition to credit rating for credit institutions and enterprises, Moody's also has other areas of activity such as: ESG, green finance, digital transformation, etc. In 2023, Moody's Rating also provided ESG consulting and support to Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV), Asia Commercial Joint Stock Bank (ACB), BIDV green bond rating, etc.
Meeting's view
Ms. Shirley Oh also added that Moody's Rating has also coordinated with a number of units to establish Vietnam Investment Credit Rating Joint Stock Company (VIS Rating). At the same time, providing global best practices, technical support and experts to improve the capacity of VIS Rating.
Credit institutions and enterprises rated by Moody's Rating will have the opportunity to enhance their prestige, reputation as well as international capital raising opportunities.
VNBA News
