Sacombank launches Green Finance Package – Turning ESG sustainable development commitments into reality

Amid the global shift toward green growth, sustainable development has become a core direction for financial institutions worldwide. In Vietnam, Sacombank stands among the pioneers in turning this vision into reality. The newly introduced Green Finance Package (Sacombank Eco) is a comprehensive financial solution that enables customers to maximize benefits while contributing to environmental protection.

From personal finance to sustainable development

Designed for individual customers - particularly Gen Y and Gen Z, who are highly conscious of green living and social responsibility - the Green Finance Package offers a fresh approach: transforming everyday financial activities into meaningful environmental actions across four product groups: Green Term Deposits, the Visa O₂ Credit Card, Green Sector Loans, and Health Insurance with the Green Living Fund.

A standout feature is the Green Living Fund, which records all rewards accumulated from using products under the package. Funds are converted into carbon credits or contributed to environmental projects such as reforestation, renewable energy, and energy efficiency initiatives. Periodically, 70% of the fund is automatically converted, while customers may choose specific projects for the remaining amount via Sacombank Pay.

Upon conversion, customers receive an electronic certificate from Gold Standard, the global organization that certifies greenhouse gas reduction projects, confirming the amount of CO₂ offset - equivalent to the number of trees planted and nurtured for 10 years. Through Sacombank Pay’s technology integration, all transactions, CO₂ emissions, rewards, and contribution certificates are transparently displayed, enabling customers to easily monitor their carbon footprint and environmental impact.

For Green Term Deposits, customers only need to open a 1–6 month deposit to join the green journey. Each month, Sacombank contributes a reward equivalent to 5% of the actual interest earned into the customer’s Green Living Fund - ensuring that every deposit not only generates income but also offsets emissions and creates positive community impact.

Meanwhile, the Visa O₂ Credit Card promotes smart and responsible spending. Each transaction displays the corresponding CO₂ emissions on Sacombank Pay, helping customers understand their carbon footprint. If emissions fall below market averages, customers receive VND 20,000 for each positive difference point, contributed directly to the Green Living Fund - turning daily spending into real environmental action.

For Green Sector Loans, Sacombank applies preferential interest rates to support the purchase of VinFast electric vehicles or investments in environmentally friendly industries such as renewable energy, clean agriculture, and energy efficiency - promoting green consumption and sustainable economic transformation.

Health Insurance completes the Sacombank Eco ecosystem, fostering a green and healthy lifestyle. When customers purchase K-Care or Global Health Care 24/7 insurance, Sacombank contributes VND 1,000 for every VND 1 million of first-year premium to the Green Living Fund. The product protects personal health while spreading the message “stay healthy to live green” - reflecting the idea that a healthy community is the foundation of sustainable development.

Green finance – an essential pillar of ESG strategy

According to a Sacombank representative, the launch of the Green Finance Package is a concrete step in implementing the Bank’s ESG strategy. ESG has evolved beyond governance and social responsibility; it is now a guiding principle across all activities - from internal operations and credit management to product development and customer experience.

“Sustainable development is no longer a slogan but a measure of a financial institution’s capability. With the Green Finance Package, we aim to spread the spirit of ‘living green’ to every customer, enabling each financial action - saving, spending, borrowing, or buying insurance - to meaningfully contribute to environmental projects. This is how Sacombank materializes its ESG commitments and joins customers in building a greener future for Vietnam,” said Ms. Nguyen Phuong Huyen, Director of Retail Banking Division, Sacombank.

From a strategic perspective, the Green Finance Package is not just a new product but a long-term commitment on Sacombank’s sustainable development journey. Every customer who saves, spends, or purchases insurance is not only managing their finances wisely but also helping create a greener planet - perfectly aligned with Sacombank’s philosophy of “Accompanying Development.”

For more details, please contact the free 24/7 Hotline 1800 5858 88 or visit HERE.