Sacombank brand continues to rise in market rankings

Sacombank was highly recognized for its large revenue scale, stable operations, and efficiency amidst significant economic shifts and positive growth signs. Specifically, in 2024, Sacombank's total assets reached $29.5 billion, increased 11% from the previous year. Total capital mobilization amounted to VND 674.8 trillion, with market 1 mobilization accounting for VND 577.9 trillion, a 10% growth. Outstanding credit stood at VND 539.3 trillion, up 12%.

Pre-tax profit reached VND 12.72 trillion, marking the highest level ever, a 33% increase compared to the prior year, and 20% above the target set by the General Meeting of Shareholders. Profitability indicators, including ROA at 1.42% and ROE at 20.02%, exceeded those of the previous year. The bank also enhanced operational efficiency, with 95.5% of its total assets being income-generating and an average annual business growth rate of 10–13%. 

In addition, Sacombank has consistently led initiatives supporting government and State Bank policies while contributing to community development. In 2024 alone, the bank allocated VND 130 trillion to preferential loan packages and other interest and fee reduction programs to support customers facing post-disaster challenges. Sacombank has also actively contributed to economic growth and local social welfare through meaningful annual charitable programs in areas where its branches are located. 

Earlier, Sacombank was ranked 322nd among the world’s 500 most valuable banking brands by Brand Finance, a leap of 32 spots. It also entered the Top 22 Most Valuable Brands in Vietnam, climbing three places compared to the previous year. Additionally, international credit rating agencies Fitch Ratings and Moody’s upgraded Sacombank’s ratings across various key indicators, reaffirming the bank’s operational and business capabilities.