Sacombank Thai Binh Branch office
Representatives of local authorities, agencies, Representatives of Sacombank’s Board of Directors, Supervisory Board, Board of Management, Thai Binh Branch Director cut the grand opening tape.
To accomplish the above objective, Sacombank assigned to Thai Binh Branch with the following specific key tasks:
Sacombank's representative - Ms. Nguyen Duc Thach Diem, BOD Member cum CEO given speech at the opening ceremony
Along with the opening, Sacombank also put into operation the headquarters office of Thai Binh branch with total budget of nearly VND 30 billion, including 01 semi-basement and 4 floors, 1 attic, total used area is more than 2,300 m2. Thai Binh branch office is located in residential area and businesses as well as is the location of many government authorities and agencies that are convenient for transactions. The investment in building a headquarters with modern facilities shows Sacombank's long-term commitment to the development of all economic sectors in the area.
On the occasion of opening, individual customers and businesses coming to Sacombank Thai Binh branch will receive preferential fees and interest rates and receive attractive gifts such as helmets, umbrellas, raincoats, suitcases, tea sets ....
Customers come to trade during the opening session
On the occasion of the opening event, Sacombank also donated 200 gifts to victims of Agent Orange / dioxin in Thai Binh province with a total value of VND200 million.
Representative of Sacombank, Mr. Phan Dinh Tue - Secretary of the Party Committee, Deputy General Director and Chairman of the Labor Union presented the gift to the Thai Binh Agent Orange Victims Protection Association
Since 2012, Sacombank has covered the network in all provinces and cities of the Southeast, Southwest, North Central, South Central and Central Highlands. In addition to expanding in quantity, Sacombank also focuses on rearranging transaction points at prime locations and investing in building modern and spacious branch offices and transaction offices to facilitate customers' arrival. deal. Up to now, Sacombank's transaction points have grown positively and occupied a significant market share in localities. In 2019, Sacombank opened 4 branches in the North: Lao Cai, Ninh Binh, Nam Dinh and Thai Binh.
At the end of the first 9 months of 2019, Sacombank had a profit before tax of VND 2,491 billion, an increase of 89.5% compared to the same period last year. Total assets reached VND 450,200 billion, up 10.9% compared to the beginning of the year; mobilizing deposit from economic organizations and resident reached VND 408,882 billion, up 14.4%; total loans amound reached VND 290,934 billion, up 13.1%.
Sacombank's sources of income continued to grow steadily, total net income reached VND 10,861 billion, up 36.5% over the same period in 2018. Of which, net interest income reached VND 7,405 billion, up 34.1%. %. Other business activities also had impressive growth, service revenue reached VND 2,131 billion, up 21.1%; in which insurance service revenue reached more than VND 280 billion, accounting for 13.3% of total service revenue; revenue from forex trading was VND 422 billion, up by 35%. Revenue from other activities reached VND 845 billion, up 176.2%. Sacombank's bad debt ratio continued to decrease from 2.11% to 1.96% which thanks to the restructuring of the loan portfolio, strictly control and restriction of credit extension for potential risk areas, and at the same time strengthen credit risk control measures.