24 April 2021, Hanoi, Vietnam – Standard Chartered Vietnam has inked an agreement with Capital Place to open the bank’s new head office and branch in Hanoi. Capital Place is a modern international Grade A office complex located in the heart of the city at 29 Lieu Giai, Ba Dinh, Hanoi. Standard Chartered Vietnam’s head office and its branch are expected to begin operations by end of 2021.
Standard Chartered Vietnam will centralise its operations in Hanoi, relocating three existing offices across Hanoi in Capital Place. The bank’s new head office will occupy the third floor of Capital Place. Standard Chartered Vietnam’s new workspace features an open-plan office, creating a spacious and comforting working environment for its employees. Standard Chartered Vietnam will also open a new branch for its banking operations on the first floor of Capital Place. Aligned with bank’s international standards, it will include areas for priority clients and self-service kiosks to enhance its customers’ banking experience. Aedas, a leading international architecture and design company, will be the consultant of these projects. SmartSpace software will also be applied to optimise the office spaces and their usability.
“Vietnam is an important market in Standard Chartered’s global network, where we have been driving commerce and prosperity for over 115 years. We remain fully committed to Vietnam and to our clients, partners, community and people. We have been and will continue investing more resources in our local franchise to better serve our clients and capture the opportunities that the market offers.” Michele Wee, CEO for Vietnam, Standard Chartered Vietnam said.
Standard Chartered has invested significantly in Vietnam over the last few years and continues to grow its business across the country. The two-capital injections valued of around US$150 million (VND3.4 trillion) has positioned Standard Chartered Vietnam to be one of the first foreign banks to complete the early implementation of Basel 2 standards. Additionally, Fitch rates Standard Chartered Vietnam at “BB” for its stable outlook, reaffirming the bank as a strong partner to Vietnam and to clients as they seek to meet their growth ambitions. These ratings typically represent the highest possible rating for a bank operating in Vietnam.
Capital Place is jointly developed by CapitaLand, one of Asia’s largest diversified real estate groups and Mitsubishi Estate Asia. The project is located at the intersection of Lieu Giai – Kim Ma – Nguyen Chi Thanh (Ba Dinh District). Capital Place is the first commercial project in Hanoi to have a direct access to the train station. It is a one-minute walk via an underground pathway to the upcoming Kim Mã station. Capital Place comprises two 37-storey office towers and a shopping centre. A wide range of amenities such as restaurants, pubs, supermarket and more are within a short walk away. It offers about 100,000 sq m of net leasable area, the largest column-free space in Vietnam, 32 high-speed lifts, standard raised floor, inter-floor connectivity options, acoustic ceiling, private bathroom and executive shower per floor, and other high-end amenities to offer better security and convenience for tenants.
Capital Place is the first office development in Hanoi to be Leadership in Energy and Environmental Design (LEED) certified. The building features large green spaces and sustainability features such as low-emitting materials, air-filters, and sensors to monitor indoor air-quality and optimise energy consumption. In 2019, Capital Place was awarded the “Best Office Development” in Asia and Vietnam at the PropertyGuru Asia Property Awards. For more information on Capital Place and leasing enquiries, please visit:
