Sacombank Leasing Company Limited | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

FAST ENTERPRISE CATEGORY

Sacombank Leasing Company Limited

Information about the Company
With the prestige of the first-ever financial leasing company of the commercial joint-stock banking group, Sacombank Leasing Company Limited (SBL) joined the leasing market industry of Vietnam, to help the Vietnamese corporate community familiarize themselves with the financial leasing concept. SBL has been successfully fulfilling the demands of its clients by effectively delivering loans for the SME sectors as well as decreasing the loan pressure for the commercial banking system to become the top-ranking leasing company in Vietnam. This is also the major mission statement that SBL intends to deliver and it has been doing its best since it was first established on 10th July 2006.

By operating as a prestigious financial partner, SBL is confident in its ability to fulfill all the capital investment demands of its clients. As a professional consultant, SBL proudly commits to going along with the clients for its development. To become the best leasing company in Vietnam in the near future, SBL showcases its achievements through the past 17 years through which it has been developing strong and sustainable relationships with the clients.

Corporate Culture & Company Activities
Since the first day of its establishment, the BOD of SBL has had the aim of development based on service quality; gathering experienced personnel who are experts in banking finance, management excellence, and corporate governance. Simultaneously, SBL also strived to build up a professional working force, which is well-trained by experts from prestigious local and international training organizations.

With the stronghold support of human resources from Sacombank, its BOD, and its staff at SBL is determined to improve its development and become one of the renowned brands in the financial market of Vietnam. The company strives to operate and establish a nationwide client database and become the most effective leasing company in the leasing association of Vietnam; it also aims to become recognized for its pioneering role and for the company’s enthusiasm for creating trusted products and brands.

Finally, the most important thing is that the market recognizes SBL’s efforts in changing the assessing and approaching the traditional corporate leasing methods with its mid-and-long term credit service. Thanks to these motivations, SBL will be continuously sustainable, taking fully energized steps to build and develop the company in the leasing industry.
Achievements and Impact
The growth of SBL is well presented by its growing total assets size during its brand-building process. Since its establishment 17 years ago in which the company’s total assets were worth VND 166 billion, it has now reached VND 4.697 billion, an increase of 50 times in value.

After nearly 2 decades of relentless growth, SBL has become a leasing partner that provides financial packages for investing in machines, equipment, and vehicles to approximately 600 clients nationwide from the Southern to Northern regions of Vietnam and has presented its name in almost all of the industries and sectors of the economy.

With over VND 4.000 billion having invested in leasing assets, SBL has been enabling its clients' access to high-tech specialized equipment in sectors like mining, petroleum, and construction materials; it also covers other popular machines used in common industrial sectors such as printing, packaging, sewing, foods processing, healthcare, and more, with a generous allocation for vehicles serving in passenger transportation and product delivery for both corporate and individual purposes.

As a result, SBL’s revenues have increased steadily every year since 2018 with an average growth rate of over 20% to reach a remarkable sales revenue of over USD 14 million in 2022.

Future Direction
The market share of SBL in the leasing industry has been continuously growing in the past few years and has gained an average market share of over 19% of the leasing market in Vietnam. Under the current difficult economic context and the Covid-19 pandemic effects, the growth of market share clearly shows the great efforts of SBL in deeply participating in the leasing sector of Vietnam. Following the operation objectives and profit scope set for the 2021 – 2030 period, SBL aims to grow even more with an annual average rate of 15%.

SBL has strongly established and firmly built up the client database as well as obtained the targeted market segment to develop its owned operating channels. As its major customer sources are mostly high-profile SMEs and niche market share leaders, its core market coverage will continue to be based in the HCMC and Hanoi regions, which are the vital economic centers of the nation. Simultaneously, in order to decrease the competition pressure, SBL will focus on parallel development, targeting other customer demographics in the suburbs of HCMC, and Hanoi, and expanding its branches in major cities of Western, Central, and Highland regions.

FAST ENTERPRISE CATEGORY

Sacombank Leasing Company Limited

Information about the Company
With the prestige of the first-ever financial leasing company of the commercial joint-stock banking group, Sacombank Leasing Company Limited (SBL) joined the leasing market industry of Vietnam, to help the Vietnamese corporate community familiarize themselves with the financial leasing concept. SBL has been successfully fulfilling the demands of its clients by effectively delivering loans for the SME sectors as well as decreasing the loan pressure for the commercial banking system to become the top-ranking leasing company in Vietnam. This is also the major mission statement that SBL intends to deliver and it has been doing its best since it was first established on 10th July 2006.

By operating as a prestigious financial partner, SBL is confident in its ability to fulfill all the capital investment demands of its clients. As a professional consultant, SBL proudly commits to going along with the clients for its development. To become the best leasing company in Vietnam in the near future, SBL showcases its achievements through the past 17 years through which it has been developing strong and sustainable relationships with the clients.

Corporate Culture & Company Activities
Since the first day of its establishment, the BOD of SBL has had the aim of development based on service quality; gathering experienced personnel who are experts in banking finance, management excellence, and corporate governance. Simultaneously, SBL also strived to build up a professional working force, which is well-trained by experts from prestigious local and international training organizations.

With the stronghold support of human resources from Sacombank, its BOD, and its staff at SBL is determined to improve its development and become one of the renowned brands in the financial market of Vietnam. The company strives to operate and establish a nationwide client database and become the most effective leasing company in the leasing association of Vietnam; it also aims to become recognized for its pioneering role and for the company’s enthusiasm for creating trusted products and brands.

Finally, the most important thing is that the market recognizes SBL’s efforts in changing the assessing and approaching the traditional corporate leasing methods with its mid-and-long term credit service. Thanks to these motivations, SBL will be continuously sustainable, taking fully energized steps to build and develop the company in the leasing industry.
Achievements and Impact
The growth of SBL is well presented by its growing total assets size during its brand-building process. Since its establishment 17 years ago in which the company’s total assets were worth VND 166 billion, it has now reached VND 4.697 billion, an increase of 50 times in value.

After nearly 2 decades of relentless growth, SBL has become a leasing partner that provides financial packages for investing in machines, equipment, and vehicles to approximately 600 clients nationwide from the Southern to Northern regions of Vietnam and has presented its name in almost all of the industries and sectors of the economy.

With over VND 4.000 billion having invested in leasing assets, SBL has been enabling its clients' access to high-tech specialized equipment in sectors like mining, petroleum, and construction materials; it also covers other popular machines used in common industrial sectors such as printing, packaging, sewing, foods processing, healthcare, and more, with a generous allocation for vehicles serving in passenger transportation and product delivery for both corporate and individual purposes.

As a result, SBL’s revenues have increased steadily every year since 2018 with an average growth rate of over 20% to reach a remarkable sales revenue of over USD 14 million in 2022.

Future Direction
The market share of SBL in the leasing industry has been continuously growing in the past few years and has gained an average market share of over 19% of the leasing market in Vietnam. Under the current difficult economic context and the Covid-19 pandemic effects, the growth of market share clearly shows the great efforts of SBL in deeply participating in the leasing sector of Vietnam. Following the operation objectives and profit scope set for the 2021 – 2030 period, SBL aims to grow even more with an annual average rate of 15%.

SBL has strongly established and firmly built up the client database as well as obtained the targeted market segment to develop its owned operating channels. As its major customer sources are mostly high-profile SMEs and niche market share leaders, its core market coverage will continue to be based in the HCMC and Hanoi regions, which are the vital economic centers of the nation. Simultaneously, in order to decrease the competition pressure, SBL will focus on parallel development, targeting other customer demographics in the suburbs of HCMC, and Hanoi, and expanding its branches in major cities of Western, Central, and Highland regions.