Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank)

Company Introduction
Sacombank was established in 1991 in Ho Chi Minh City with an initial charter capital of VND3 billion. In the spirit of consolidation and acceleration in 2019, Sacombank focused on improving all activities to keep up with new trends and seize business opportunities. In 2020, Sacombank seeks to promote the spirit of youths to achieve Breakthrough Mindset – Enhanced Value.

Vision, Mission and Core Values
The Company’s vision is to be a leading modern multi-functional retail bank in Vietnam and their mission is to provide the best-in-class comprehensive financial solutions for customers, maximize value-added services to stakeholders, create value and prosperity for employees and contribute to the development of society and the community. The Company’s core values are to pioneer and pave towards success, to provide innovative approaches for sustainable development, committing to quality assurance in customer service and partner coordination, making a difference via breakthrough innovations and advanced business governance and committing to community and social responsibility.

Corporate Culture
Sacombank’s brand identity slogan: Leading Forward Altogether A weekly flag raising ceremony has become an indispensable routine every Monday morning. Sacombank is the only commercial joint stock bank that currently maintains a regular flag raising ceremony every Monday morning.

Community activities are held annually – “Race Sacombank for public health”; "Warm Spring” charity event; "Sharing from the heart" blood donation; "Sacombank - Nurturing dreams" scholarship; Sacombank youth - a series of sports activities including yoga, jogging, tennis, dancing that strengthens mental and physical health.

Sacombank has a bank network with 566 transaction offices covering 52/63 territories in Vietnam and in Laos and Cambodia. Sacombank offers more than 300 diversified products and services such as cards, deposits, loans, services and foreign exchange. The Bank has an international standard card issuance and management system and a highly rated e-banking system. Sacombank has also introduced a range of preferential loan packages.

Achievements and Impact
The Company won the Strong Brand Vietnam Economic Times and Top 10 Reputable Commercial Banks in Vietnam in 2018, Vietnam Famous brand - Competitive brand 2018 Vietnam Intellectual Property Association, Vietnam Outstanding Banking Awards 2018, Profit500 ranking - Top 500 Best Profitable Enterprises of Vietnam, Top 100 Vietnam Gold Star Awards in 2018 Central Vietnam Young Entrepreneurs Association and Top 50 Largest Enterprises of Vietnam 2018 . In 2019, the Company won the Strong brand of 2018 Vietnam Economic Times, Top 40 Valuable Brands of Vietnam Forbes, Top 3 most Popular Listed Companies among investors 2019 Voted by Vietstock newspaper, Top 20 Reputable Vietnamese Brands 2020 Vietnam Intellectual Property Association and in 2020, the Company won the Outstanding Performance Asean Corporate, Asean Economic Cooperation and Development Association.

Sacombank’s strategic objectives are to reinforce its financial capacity and expand its customer base and business scale by adopting innovative marketing and brand development initiatives as well as strengthening internal management. The bank will also enhance its human resources development programmes.

Future Direction
For the next two years, Sacombank’s Vision is to ensure stable growth of capital through business stimulation programmes and to continue to promote the retail segment by offering a variety of products and services in the spirit of “Simple - Friendly – Outstanding”. The bank also plans to diversify its lending portfolio and promote selective retail credit growth by focusing on existing borrowers and increase its lending to small and medium businesses.

CORPORATE EXCELLENCE CATEGORY

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank)

Company Introduction
Sacombank was established in 1991 in Ho Chi Minh City with an initial charter capital of VND3 billion. In the spirit of consolidation and acceleration in 2019, Sacombank focused on improving all activities to keep up with new trends and seize business opportunities. In 2020, Sacombank seeks to promote the spirit of youths to achieve Breakthrough Mindset – Enhanced Value.

Vision, Mission and Core Values
The Company’s vision is to be a leading modern multi-functional retail bank in Vietnam and their mission is to provide the best-in-class comprehensive financial solutions for customers, maximize value-added services to stakeholders, create value and prosperity for employees and contribute to the development of society and the community. The Company’s core values are to pioneer and pave towards success, to provide innovative approaches for sustainable development, committing to quality assurance in customer service and partner coordination, making a difference via breakthrough innovations and advanced business governance and committing to community and social responsibility.

Corporate Culture
Sacombank’s brand identity slogan: Leading Forward Altogether A weekly flag raising ceremony has become an indispensable routine every Monday morning. Sacombank is the only commercial joint stock bank that currently maintains a regular flag raising ceremony every Monday morning.

Community activities are held annually – “Race Sacombank for public health”; "Warm Spring” charity event; "Sharing from the heart" blood donation; "Sacombank - Nurturing dreams" scholarship; Sacombank youth - a series of sports activities including yoga, jogging, tennis, dancing that strengthens mental and physical health.

Sacombank has a bank network with 566 transaction offices covering 52/63 territories in Vietnam and in Laos and Cambodia. Sacombank offers more than 300 diversified products and services such as cards, deposits, loans, services and foreign exchange. The Bank has an international standard card issuance and management system and a highly rated e-banking system. Sacombank has also introduced a range of preferential loan packages.

Achievements and Impact
The Company won the Strong Brand Vietnam Economic Times and Top 10 Reputable Commercial Banks in Vietnam in 2018, Vietnam Famous brand - Competitive brand 2018 Vietnam Intellectual Property Association, Vietnam Outstanding Banking Awards 2018, Profit500 ranking - Top 500 Best Profitable Enterprises of Vietnam, Top 100 Vietnam Gold Star Awards in 2018 Central Vietnam Young Entrepreneurs Association and Top 50 Largest Enterprises of Vietnam 2018 . In 2019, the Company won the Strong brand of 2018 Vietnam Economic Times, Top 40 Valuable Brands of Vietnam Forbes, Top 3 most Popular Listed Companies among investors 2019 Voted by Vietstock newspaper, Top 20 Reputable Vietnamese Brands 2020 Vietnam Intellectual Property Association and in 2020, the Company won the Outstanding Performance Asean Corporate, Asean Economic Cooperation and Development Association.

Sacombank’s strategic objectives are to reinforce its financial capacity and expand its customer base and business scale by adopting innovative marketing and brand development initiatives as well as strengthening internal management. The bank will also enhance its human resources development programmes.

Future Direction
For the next two years, Sacombank’s Vision is to ensure stable growth of capital through business stimulation programmes and to continue to promote the retail segment by offering a variety of products and services in the spirit of “Simple - Friendly – Outstanding”. The bank also plans to diversify its lending portfolio and promote selective retail credit growth by focusing on existing borrowers and increase its lending to small and medium businesses.