Information about the Company
Sai Gon Joint Stock Commercial Bank (SCB) is one of the 5 biggest banks in Vietnam with its VND 672,312 billion of total assets, VND 20,020 billion charter capital and the biggest private bank in terms of total assets as of June 30, 2021. The bank has a rich history that stretches over 29 years. Its wide network of 239 banking outlets spreads all over the 28 most popular business provinces and cities in the country.
Given its strong background in financial potential, fast operational growth, advanced technology, diverse products of high service quality, SCB is believed to be staunchly steady in the path of becoming one of the leading retail – versatile – modern banks in Vietnam, bringing true values and benefits to Customers, Partners and Shareholders.
Corporate Culture & Initiatives
SCB is proud to have built up a welfare paradigm and a transparent, dynamic, inclusive and pleasant working environment for a total of more than 7,000 employees, igniting the motivation among the employees for higher service quality and work efficiency.
Aside from focusing on business activities, SCB always accompanies government agencies in social campaigns. In 2021, which was a hard year due to the impact of the COVID-19 pandemic, the bank has made many humanitarian relief efforts with almost VND 53 billion donated to outbreak prevention funds, relevant charitable funds and VND 50 billion to vaccine funds. Moreover, its shareholders contributed VND 20 billion to Ho Chi Minh City’s COVID-19 Prevention & Control Fund in response to the movement of the Vietnam Fatherland Front Committee calling for sharing in the vaccine purchases, donating 20 medical testing buses to the Ministry of Health with a total value of VND 200 billion.
New SCB – Envisioned Future
Growth Initiatives
In recent years, SCB has successfully implemented its strategy of shifting to the retail model, achieving impressive growth rates. As of December 31, 2020, its regular footfall hit 1.4 million, which was about 12 times higher than the end of 2010.
With a wide range of deposit products, flexible terms, and competitive interest rates, SCB has become the leading bank in terms of individual customer deposit growth. During the 2019-2020 period, in addition to improving traditional deposit products, SCB drew great attention with new individual deposit products, specifically short and long-term certificates of deposits. Reflecting manifest trust from customers, SCB’s demand deposit balance in 2020 achieved impressive growth of 57% compared to 2019, which was also the highest in the past 5 years. Those years marked significant feats in service activities. Accordingly, SCB became one of the leading banks with an average growth rate of up to 40% per year. In particular, 2020 was a memorable year for the bank as premium revenue in Bancassurance surpassed VND 1,000 billion, continuing to be the top in the market and truly worth the celebration of its 5-year strategic cooperation with Manulife in distributing insurance products.
Achievements & Impact
SCB has a wide network of 239 banking outlets, including 50 branches and 189 transaction offices, spreading all over 28 major provinces and cities in the country. The network is afoot to be expanded out of SCB’s desire to become one of the fronts of mind when it comes to providing diversified banking products, services and financial solutions to customers nationwide.
Moreover, investment in human resource development has always been the bank’s key strategy. SCB has carried out some big projects like "SCB Next Gene", "Bullet Proof Manager – Crestcom", etc. The bank never ceases to mastermind the best ways for training potential employees to improve their personal and professional capabilities, promoting them to higher positions with worthy remuneration.
As of September 30, 2021, SCB came by some outstanding achievements, which include VND 672,312 billion worth of total assets; VND 606,401 billion of deposits from Corporate and Personal Customers; VND 352,913 billion of financing; VND 690.5 billion of accumulated profit before tax; 9 major domestic and international awards.
Future Direction
SCB looks ahead of its roadmap to develop the next generation of staff. The bank is pressing ahead to become the leading retail – versatile – modern bank in Vietnam, taking human resource development as the foundation for sustainable development and aiming to create an overarching welfare model and pleasant working environment.
SCB also keeps on enriching resources for professional development through the "THE S-FACTOR" succession planning programme to find and sharpen talents, encouraging their loyalty with the appreciative employee experience.
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Sai Gon Joint Stock Commercial Bank
Information about the Company
Sai Gon Joint Stock Commercial Bank (SCB) is one of the 5 biggest banks in Vietnam with its VND 672,312 billion of total assets, VND 20,020 billion charter capital and the biggest private bank in terms of total assets as of June 30, 2021. The bank has a rich history that stretches over 29 years. Its wide network of 239 banking outlets spreads all over the 28 most popular business provinces and cities in the country.
Given its strong background in financial potential, fast operational growth, advanced technology, diverse products of high service quality, SCB is believed to be staunchly steady in the path of becoming one of the leading retail – versatile – modern banks in Vietnam, bringing true values and benefits to Customers, Partners and Shareholders.
Corporate Culture & Initiatives
SCB is proud to have built up a welfare paradigm and a transparent, dynamic, inclusive and pleasant working environment for a total of more than 7,000 employees, igniting the motivation among the employees for higher service quality and work efficiency.
Aside from focusing on business activities, SCB always accompanies government agencies in social campaigns. In 2021, which was a hard year due to the impact of the COVID-19 pandemic, the bank has made many humanitarian relief efforts with almost VND 53 billion donated to outbreak prevention funds, relevant charitable funds and VND 50 billion to vaccine funds. Moreover, its shareholders contributed VND 20 billion to Ho Chi Minh City’s COVID-19 Prevention & Control Fund in response to the movement of the Vietnam Fatherland Front Committee calling for sharing in the vaccine purchases, donating 20 medical testing buses to the Ministry of Health with a total value of VND 200 billion.
New SCB – Envisioned Future
Growth Initiatives
In recent years, SCB has successfully implemented its strategy of shifting to the retail model, achieving impressive growth rates. As of December 31, 2020, its regular footfall hit 1.4 million, which was about 12 times higher than the end of 2010.
With a wide range of deposit products, flexible terms, and competitive interest rates, SCB has become the leading bank in terms of individual customer deposit growth. During the 2019-2020 period, in addition to improving traditional deposit products, SCB drew great attention with new individual deposit products, specifically short and long-term certificates of deposits. Reflecting manifest trust from customers, SCB’s demand deposit balance in 2020 achieved impressive growth of 57% compared to 2019, which was also the highest in the past 5 years. Those years marked significant feats in service activities. Accordingly, SCB became one of the leading banks with an average growth rate of up to 40% per year. In particular, 2020 was a memorable year for the bank as premium revenue in Bancassurance surpassed VND 1,000 billion, continuing to be the top in the market and truly worth the celebration of its 5-year strategic cooperation with Manulife in distributing insurance products.
Achievements & Impact
SCB has a wide network of 239 banking outlets, including 50 branches and 189 transaction offices, spreading all over 28 major provinces and cities in the country. The network is afoot to be expanded out of SCB’s desire to become one of the fronts of mind when it comes to providing diversified banking products, services and financial solutions to customers nationwide.
Moreover, investment in human resource development has always been the bank’s key strategy. SCB has carried out some big projects like "SCB Next Gene", "Bullet Proof Manager – Crestcom", etc. The bank never ceases to mastermind the best ways for training potential employees to improve their personal and professional capabilities, promoting them to higher positions with worthy remuneration.
As of September 30, 2021, SCB came by some outstanding achievements, which include VND 672,312 billion worth of total assets; VND 606,401 billion of deposits from Corporate and Personal Customers; VND 352,913 billion of financing; VND 690.5 billion of accumulated profit before tax; 9 major domestic and international awards.
Future Direction
SCB looks ahead of its roadmap to develop the next generation of staff. The bank is pressing ahead to become the leading retail – versatile – modern bank in Vietnam, taking human resource development as the foundation for sustainable development and aiming to create an overarching welfare model and pleasant working environment.
SCB also keeps on enriching resources for professional development through the "THE S-FACTOR" succession planning programme to find and sharpen talents, encouraging their loyalty with the appreciative employee experience.