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 Sacombank started construction of the Bac Lieu Branch

Bac Lieu Branch has a total investment cost of over VND 100 billion, a total construction area of nearly 5,000 meter square with a scale of 1 basement, 7 floors and 1 terrace; It is located in the densely populated area and the regulatory offices of Bac Lieu city and province, making it convenient to contact and trade. It is expected that in the third quarter of 2020, the new head office of Bac Lieu Branch will be put into operation with the expectation to meet the demand for financial transactions of individuals and businesses in the locality through Package financial solutions with the most reasonable price, contributing to economic development in Bac Lieu during the integration period.

Since 2012, Sacombank has covered its network in all provinces in the Southeast, Southwest, North Central, South Central and Central Highlands regions. In addition to expanding in quantity, Sacombank also focuses on enhancing the operational efficiency of the network by re-arranging transaction points in the overlapping areas, targeting more potential locations. Therefore, the transaction points are quickly stabilized, gaining positive growth and significant market share in the localities. Not only that, Sacombank also invested in buying and building branch offices and transaction offices with modern facilities, located in prime locations to be more convenient for transactions. That is to show the Bank's commitment to the economic development in the locality.


Representatives of local leaders, SBV, Sacombank and Contractors attended the Commencement Ceremony

Previously, Sacombank also started construction of Thai Binh Branch with a total investment cost of more than VND 30 billion, in anticipation of the province's development opportunities. Sacombank is also completing the procedures to put into operation new branches in the North such as Nam Dinh, Ninh Binh and Lao Cai... according to the project of restructuring the network in the direction of streamlining, effectively establishment and and each step presence in all provinces in the Northern region, creating a strong network development which reaching the goal of covering 63/63 provinces in Vietnam in the near future while most banks currently are restricted to open branches in accordance with Circular 21. At the present time, Sacombank's network includes 566 transaction points in 48/63 provinces and cities in Vietnam and Laos and Cambodia which maintaining the leading position in private joint-stock commercial banks.


The groundbreaking ceremony took place successfully 


From left to right: Mr. Cao Quang Dung – Deputy General Director of Tuong Viet Trading & Manufacturing Company Limited,
Huynh Quoc Ca - Director of Construction Department of Bac Lieu Province,
Mr. Nguyen Chi Trung - Director of Sacombank Bac Lieu branch, Mr. Pham Thanh Binh - Director of the State Bank of Vietnam in Bac Lieu Province,
Nr. Võ Anh Nhue – Sacombank Deputy General Director of South West Region.
Mr. Duong Phuong Nam - Vice Chairman of Bac Lieu Provincial People's Committee, Mr. Tran Quoc Khoi - Director of the State Bank of Ca Mau Province,
Mr. Duong Chi Binh - Vice Chairman of Bac Lieu City People's Committee, Mr. Nguyen Van Nhon – Head of construction dept from Sacombank



Không chỉ mở rộng về số lượng, Sacombank còn chú trọng tăng cường hiệu quả hoạt động của mạng lưới bằng cách tái bố trí các điểm giao dịch có địa bàn chồng chéo, hướng đến các vị trí tiềm năng hơn. Vì vậy, các điểm giao dịch đều nhanh chóng ổn định, tăng trưởng tích cực và chiếm thị phần đáng kể ở các địa phương. Không dừng lại ở đó, Sacombank còn đầu tư mua và xây dựng các trụ sở chi nhánh, phòng giao dịch với cơ sở vật chất hiện đại, tọa lạc tại các vị trí đắc địa, thuận lợi cho giao dịch. Đó là thể hiện cam kết gắn bó của Ngân hàng đối với sự phát triển của các thành phần kinh tế trên địa bàn. 


Representatives of local leaders, SBV, Sacombank, and Contractors took souvenir photos

Not only expanding in quantity, Sacombank also focuses on enhancing the operational efficiency of the network by re-arranging transaction points with overlapping geographical areas, targeting more potential locations. Therefore, the transaction points are quickly stable, growing positively and gaining a significant market share in the localities. Not only that, Sacombank also invested in buying and building branch offices and transaction offices with modern facilities, located in prime locations which is more convenient for transactions. That is to show the Bank's commitment to the development of economic sectors in the locality. 

The presence in all areas with the heavy investment in office system is a clear testament to Sacombank's long-term commitment to the development of localities under the motto "together we grow ”.