Nam A Commercial Joint Stock Bank | APEA - Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

Nam A Commercial Joint Stock Bank

Company Introduction
Nam A Bank was established in 1992. Currently, it has 106 branches with a chartered capital of over 3000 billion VND, total assets over 100,000 billion VND and 3,400 employees. Nam A Bank is gradually transforming into a Commercial Bank with a major share of the retail banking market in Vietnam.

Vision: Nam A Bank’s vision is to be the leading retail bank in Vietnam aimed at providing financial solutions to individuals, businesses and small-and-medium enterprises.

Mission: Nam A Bank’s mission is to contribute to the economic development of Vietnam by meeting the needs of the production and business sector and to maximize benefits for shareholders, customers, partners and its employees.

Corporate Culture
Nam A Bank has succeeded in building an image of a bank with specific characters —Pioneering, Polite and Integrity. A series of cultural development programs have been implemented to promote these values such as "Change for the Better", "Breakthrough Thinking - Breaking the Limit", and "Reach out to the Great Sea".

CSR Activities Nam A Bank is committed on its social responsibility and many activities have been organized focusing on education and the environment. These include awarding scholarships through the "Step up to school - Light up the future" program, giving bicycles to poor students in Thoai Son district", and the "I choose to live green" project to raise awareness on environmental protection.

Nam A Bank is also active in social programmes such as sponsoring two pressure isolation rooms and 40 medical beds to the Department of Health at Ho Chi Min City and 10,000 Covid-19 test kits to the government. Other programmes include helping to build gratitude houses in Dong Thap, Binh Thuan Province and sponsorships for the Association of Victims of Agent Orange/Dioxin in Nghe An Province.

Achievements and Impact
The latest growth in Nam A Bank includes the setting up of 40 new branches and collaborating with 174 correspondent banks in over 37 countries and territories around the world. The Bank has also launched a digital transaction space with artificial intelligence (AI). Nam A Bank is also the first bank to use robot for its transaction server - OPBA robot. Nam A Bank’s total assets over the 2017-2019 period have a CAGR of 31.88 per cent growth rate. By the second quarter of 2020, total assets, of Nam A Bank will reach 106 trillion VND. Moody’s Investor Service has maintained a credit rating of B2 for the Bank.

The Bank’s strategy is to make the TOP 17 commercial banks in Vietnam and increasing its transaction points to 128 and to reach one million customers. Nam A Bank also plans to apply Big Data to its banking services and adopt a virtual banking model to target 40 per cent of its customers to use digital banking services.

Future Direction
Nam A Bank will continue to adopt modern financial technology to achieve digital transformation goals in the next three years. The Bank has added many digital services to its operations including connecting flexible payment services in line with changing market trends. In addition, the Bank will constantly expand its ecosystem network, especially digital banking platforms These two initiatives are in line with Nam A Bank’s next five-year goals related to Technology-People-Customers. Nam A Bank will also strengthen its customer information security system such as implementing J-Secure service and upgrading 3D Secure for credit cards. The Bank sees human resources as its most valuable asset. As such, it will continue to promote training and upskilling among its employees.

CORPORATE EXCELLENCE CATEGORY

Nam A Commercial Joint Stock Bank

Company Introduction
Nam A Bank was established in 1992. Currently, it has 106 branches with a chartered capital of over 3000 billion VND, total assets over 100,000 billion VND and 3,400 employees. Nam A Bank is gradually transforming into a Commercial Bank with a major share of the retail banking market in Vietnam.

Vision: Nam A Bank’s vision is to be the leading retail bank in Vietnam aimed at providing financial solutions to individuals, businesses and small-and-medium enterprises.

Mission: Nam A Bank’s mission is to contribute to the economic development of Vietnam by meeting the needs of the production and business sector and to maximize benefits for shareholders, customers, partners and its employees.

Corporate Culture
Nam A Bank has succeeded in building an image of a bank with specific characters —Pioneering, Polite and Integrity. A series of cultural development programs have been implemented to promote these values such as "Change for the Better", "Breakthrough Thinking - Breaking the Limit", and "Reach out to the Great Sea".

CSR Activities Nam A Bank is committed on its social responsibility and many activities have been organized focusing on education and the environment. These include awarding scholarships through the "Step up to school - Light up the future" program, giving bicycles to poor students in Thoai Son district", and the "I choose to live green" project to raise awareness on environmental protection.

Nam A Bank is also active in social programmes such as sponsoring two pressure isolation rooms and 40 medical beds to the Department of Health at Ho Chi Min City and 10,000 Covid-19 test kits to the government. Other programmes include helping to build gratitude houses in Dong Thap, Binh Thuan Province and sponsorships for the Association of Victims of Agent Orange/Dioxin in Nghe An Province.

Achievements and Impact
The latest growth in Nam A Bank includes the setting up of 40 new branches and collaborating with 174 correspondent banks in over 37 countries and territories around the world. The Bank has also launched a digital transaction space with artificial intelligence (AI). Nam A Bank is also the first bank to use robot for its transaction server - OPBA robot. Nam A Bank’s total assets over the 2017-2019 period have a CAGR of 31.88 per cent growth rate. By the second quarter of 2020, total assets, of Nam A Bank will reach 106 trillion VND. Moody’s Investor Service has maintained a credit rating of B2 for the Bank.

The Bank’s strategy is to make the TOP 17 commercial banks in Vietnam and increasing its transaction points to 128 and to reach one million customers. Nam A Bank also plans to apply Big Data to its banking services and adopt a virtual banking model to target 40 per cent of its customers to use digital banking services.

Future Direction
Nam A Bank will continue to adopt modern financial technology to achieve digital transformation goals in the next three years. The Bank has added many digital services to its operations including connecting flexible payment services in line with changing market trends. In addition, the Bank will constantly expand its ecosystem network, especially digital banking platforms These two initiatives are in line with Nam A Bank’s next five-year goals related to Technology-People-Customers. Nam A Bank will also strengthen its customer information security system such as implementing J-Secure service and upgrading 3D Secure for credit cards. The Bank sees human resources as its most valuable asset. As such, it will continue to promote training and upskilling among its employees.