Fair Finance Vietnam launches 2nd policy assessment
At the beginning of 2024 Fair Finance Vietnam published its 2nd policy assessment of 11 commercial banks in Vietnam in 2022 across 12 themes in the FFGI Methodology.
Since the first policy assessment in 2020, this assessment showed that banks in Vietnam are engaging in a “race to the top” with better scores in the following themes: Financial Inclusion, Consumer Protection and Anti-Corruption.
At the same time, they scored low for Nature, Climate Change, Human Right and Labour Right.
VP Bank has the highest score and most significant improvement.
Commitments of Vietnamese commercial banks by theme in 2020 and 2022 (on a 10-point scale)
(Source for comparison: Fair Finance Vietnam, according to FFG methodology, 2020)