Banks

Shinhan Bank Vietnam Ltd
RecommendedShinhan Bank Vietnam Ltd is a vetted banks partner in our Hanoi network for foreign property buyers.
- City
- Ho Chi Minh City
- Segment
- Premium
- Best for
- Both expats & locals
- Languages
- EN · VN
Overview
Shinhan Bank Vietnam Ltd, a subsidiary of the South Korean financial giant Shinhan Financial Group, is headquartered in Ho Chi Minh City and stands as the leading foreign retail bank in Vietnam. Since establishing its presence in the country in 1993, the bank has built a stellar reputation for its premium positioning and robust financial foundation. While it historically catered to a strong South Korean expatriate base, it has successfully expanded its reach to serve a highly diverse international and local clientele.
For foreign buyers and expatriates looking to purchase or manage residential property in Hanoi, the bank offers a comprehensive suite of retail services. These include multi-currency personal accounts, international debit and credit cards, swift inward and outward remittances, and competitive housing loans. The bank is particularly well-regarded for its structured mortgage products, which feature flexible loan tenors and attractive interest rates, making it a preferred partner for navigating property transactions in Vietnam's capital.
Catering to a premium global clientele, the bank operates seamlessly in English and Vietnamese. It provides dedicated English-language customer support, comprehensive internet and mobile banking platforms, and specialized assistance for non-residents navigating local regulatory and documentation requirements. To further bridge communication gaps, the bank has introduced real-time AI translation desks at key Hanoi branches, ensuring a smooth, premium banking experience for international property investors.
Independent review
Our editorial verdict
Editorial score
Strengths
- +Largest foreign-owned branch network in Vietnam, including several Hanoi locations, since the 2017 ANZ Vietnam retail acquisition
- +English-speaking staff and an English-language digital banking app (Shinhan SOL)
- +Backed by Shinhan Financial Group, a South Korean financial group listed on the Korea Exchange and, via ADR, the NYSE
Watch-outs
- −Like all Vietnamese banks, local mortgages are built for residents with a Temporary Residence Card and local income — not a route to financing for purely offshore buyers
- −Fewer branches in Hanoi than the largest state-owned banks (Vietcombank, BIDV, VietinBank), so in-person service is more concentrated in central districts
- −Detailed foreigner lending criteria are not fully published online and require an in-branch consultation to confirm
Listing based on our internal partner vetting. We publish no contact details — introductions are made on request.
