BAC A COMMERCIAL JOINT STOCK BANK | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
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CORPORATE EXCELLENCE CATEGORY

BAC A COMMERCIAL JOINT STOCK BANK

Information about the Company
Established in 1994, Bac A Commercial Joint Stock Bank provides a comprehensive range of financial and banking services, including domestic and foreign currency account services, domestic and international payment services, deposit and savings services, credit and lending services, card and electronic banking services, payment guarantees and trade financing services, foreign exchange business services, and insurance services. The quality and efficiency of Bac A Commercial Joint Stock Bank's operations are continually affirmed and developed in a modern and sustainable direction, with an expanding network of branches nationwide. As of now, Bac A Commercial Joint Stock Bank has 172 transaction points in 42 provinces and cities across the country.

In addition to providing financial services, Bac A Commercial Joint Stock Bank places special emphasis on advising and extending credit to businesses operating in high technology, modernizing agriculture, rural areas, and social well-being sectors such as clean milk, clean medicinal herbs, healthcare, and education. This contributes to creating a high-quality, clean, and green ecosystem for the well-being of the community.

Corporate Culture & Company Activities
With its 5 core values of Pioneering, Professional, Reliable, Continuous Improvement, and For People, Bac A Commercial Joint Stock Bank has cultivated a healthy and innovative work environment that inspires its dedicated employees to contribute to the bank's development.

The bank consistently provides the best working conditions and compensation packages for its workforce. In addition, it places a strong emphasis on a culture of continuous learning to train and enhance the capabilities of every employee, with the aim of improving the quality of its human resources, fostering sustainable growth, and integration.

Bac A Commercial Joint Stock Bank organizes numerous sports and cultural events to promote the physical and mental well-being of its employees and to provide them with positive energy and inspiration for their work. Furthermore, regular volunteer and social welfare activities are held to bring employees together in meaningful activities, fostering unity within the team while contributing to the community and society.

With a work culture centered around the word "Heart", this ideology is imprinted on the actions of every staff member, creating a collective strength that propels the bank to excel in all areas in which it is involved.
Achievements and Impact
Over nearly 30 years of building and development, Bac A Commercial Joint Stock Bank's operational network now covers all 42 provinces and key economic cities in the country, with 172 transaction points and over 3,500 employees.

As of September 30, 2023, the total assets of Bac A Commercial Joint Stock Bank have reached VND 145,000 billion, which is 2,544 times higher than in its first year of operation. The charter capital, which started at VND 20 billion in 1994, has now grown to VND 9,900 billion.

Under the investment advisory of Bac A Commercial Joint Stock Bank, a generation of businesses applying high technology in agriculture has emerged. These include high-tech dairy farming and milk processing; the production of fruit juices and purified water; clean medicinal herbs, sugarcane, rice, and vegetable production; and sustainable forest development, education, healthcare, and health services. These projects have increasingly solidified the company’s brand presence in both domestic and international markets and have contributed to the economic development of many regions.

Future Direction
Adapting to the digital transformation trend, Bac A Commercial Joint Stock Bank has implemented digital banking services with significant investments, expanded research, adopted cutting-edge end-to-end technologies, and collaborated with leading consulting experts to choose the best development path.

In the upcoming period, Bac A Commercial Joint Stock Bank will continue to build and develop the bank in a modern direction with advanced management practices, aligning with Vietnamese and international standards. The bank aims to fully meet the diverse financial and banking service needs of the economy, focusing on advising and lending to high-tech businesses in agriculture, forestry, fisheries, production, processing, healthcare, education, and other sectors.

CORPORATE EXCELLENCE CATEGORY

BAC A COMMERCIAL JOINT STOCK BANK

Information about the Company
Established in 1994, Bac A Commercial Joint Stock Bank provides a comprehensive range of financial and banking services, including domestic and foreign currency account services, domestic and international payment services, deposit and savings services, credit and lending services, card and electronic banking services, payment guarantees and trade financing services, foreign exchange business services, and insurance services. The quality and efficiency of Bac A Commercial Joint Stock Bank's operations are continually affirmed and developed in a modern and sustainable direction, with an expanding network of branches nationwide. As of now, Bac A Commercial Joint Stock Bank has 172 transaction points in 42 provinces and cities across the country.

In addition to providing financial services, Bac A Commercial Joint Stock Bank places special emphasis on advising and extending credit to businesses operating in high technology, modernizing agriculture, rural areas, and social well-being sectors such as clean milk, clean medicinal herbs, healthcare, and education. This contributes to creating a high-quality, clean, and green ecosystem for the well-being of the community.

Corporate Culture & Company Activities
With its 5 core values of Pioneering, Professional, Reliable, Continuous Improvement, and For People, Bac A Commercial Joint Stock Bank has cultivated a healthy and innovative work environment that inspires its dedicated employees to contribute to the bank's development.

The bank consistently provides the best working conditions and compensation packages for its workforce. In addition, it places a strong emphasis on a culture of continuous learning to train and enhance the capabilities of every employee, with the aim of improving the quality of its human resources, fostering sustainable growth, and integration.

Bac A Commercial Joint Stock Bank organizes numerous sports and cultural events to promote the physical and mental well-being of its employees and to provide them with positive energy and inspiration for their work. Furthermore, regular volunteer and social welfare activities are held to bring employees together in meaningful activities, fostering unity within the team while contributing to the community and society.

With a work culture centered around the word "Heart", this ideology is imprinted on the actions of every staff member, creating a collective strength that propels the bank to excel in all areas in which it is involved.
Achievements and Impact
Over nearly 30 years of building and development, Bac A Commercial Joint Stock Bank's operational network now covers all 42 provinces and key economic cities in the country, with 172 transaction points and over 3,500 employees.

As of September 30, 2023, the total assets of Bac A Commercial Joint Stock Bank have reached VND 145,000 billion, which is 2,544 times higher than in its first year of operation. The charter capital, which started at VND 20 billion in 1994, has now grown to VND 9,900 billion.

Under the investment advisory of Bac A Commercial Joint Stock Bank, a generation of businesses applying high technology in agriculture has emerged. These include high-tech dairy farming and milk processing; the production of fruit juices and purified water; clean medicinal herbs, sugarcane, rice, and vegetable production; and sustainable forest development, education, healthcare, and health services. These projects have increasingly solidified the company’s brand presence in both domestic and international markets and have contributed to the economic development of many regions.

Future Direction
Adapting to the digital transformation trend, Bac A Commercial Joint Stock Bank has implemented digital banking services with significant investments, expanded research, adopted cutting-edge end-to-end technologies, and collaborated with leading consulting experts to choose the best development path.

In the upcoming period, Bac A Commercial Joint Stock Bank will continue to build and develop the bank in a modern direction with advanced management practices, aligning with Vietnamese and international standards. The bank aims to fully meet the diverse financial and banking service needs of the economy, focusing on advising and lending to high-tech businesses in agriculture, forestry, fisheries, production, processing, healthcare, education, and other sectors.