SACOMBANK reviews first-half 2026 performance: Strengthening foundations, ready to accelerate

An overview of SACOMBANK’s Mid-Year Business Review Conference, reviewing business performance for the first six months and outlining key priorities for the second half of 2026.

Against a backdrop of continued market volatility and growing demands for transformation across the banking sector, the conference provided an opportunity to review the Bank’s achievements during the first half of the year, assess emerging opportunities and challenges, and align on key directions and solutions to advance SACOMBANK’s sustainable development objectives.

Strengthening the foundation for a new phase of growth

The Bank’s performance during the first six months of 2026 was reviewed comprehensively across multiple dimensions, from organizational structure and governance to business operations and digital transformation. During this period, SACOMBANK achieved several important milestones, including strengthening its organizational structure and leadership team, changing its trade name to Saigon Treasure Bank, relocating its Head Office to a new financial center, and launching the SACOMBANK Culture Handbook to further promote the Bank’s core values and foster alignment in mindset and action across the organization.

Business operations remained stable, with the Bank further strengthening its asset base, credit portfolio and funding, while serving more than 20.4 million customers. SACOMBANK also proactively increased provisioning and improved its non-performing loan coverage ratio, further reinforcing its financial resilience and laying a foundation for sustainable growth. At the same time, the Bank continued to accelerate its digital transformation through the successful upgrade of its T24 R25 Core Banking system, the launch of SAMI, a digital assistant on the SACOMBANK Pay application, the expansion of its Open Banking ecosystem and the development of a range of modern payment solutions. By the end of June 2026, nearly 96% of total transactions were conducted through digital channels, with the number of digital customers exceeding 6.24 million, up 16.2% year-on-year.

Mr. Ha Van Trung, Standing Deputy Chief Executive Officer, presents the report “Review of the First Half and Key Priorities for the Second Half of 2026,” highlighting key achievements, assessing opportunities and challenges in the new environment, and outlining key priorities to achieve the Bank’s 2026 business objectives.

Alongside these achievements, leaders of the Bank’s business divisions and functional units shared key developments in their respective areas, analyzed emerging opportunities and challenges, and proposed solutions to enhance business performance, strengthen coordination across the organization and advance the Bank’s strategic objectives.

Ms. Nguyen Phuong Huyen, BOM Member cum Retail Banking Director, presents her paper on strategic directions and solutions to strengthen sales management capabilities, optimize operational efficiency, enhance customer experience and drive growth in the Bank’s retail business.

Ms. Tran Thuy Hang, Corporate Banking Director, highlights the role of innovation in the Bank’s corporate customer development strategy, strengthening competitiveness, expanding market share and adapting flexibly to evolving market trends.

Mr. Luu Danh Duc, Deputy Chief Executive Officer in charge of Information Technology, introduces strategic directions for the application of digital technologies and artificial intelligence to optimize processes, enhance management efficiency, improve productivity and create a foundation for the Bank’s accelerated growth.

Mr. Le Duc Thinh, Deputy Chief Executive Officer in charge of Human Resources and Internal Services, shares directions for building a high-quality workforce through modern management policies, capability development, talent attraction and retention.

Representatives of units with outstanding performance receive recognition and awards at the conference.On this occasion, SACOMBANK also recognized and rewarded units with outstanding business performance during the first half of 2026. The honored teams distinguished themselves not only through strong results but also through their spirit of innovation, proactivity and determination to contribute to the Bank’s shared development goals.

Representatives of units with outstanding performance receive recognition and awards at the conference.

Representatives of units with outstanding performance receive recognition and awards at the conference.

Representatives of units with outstanding performance receive recognition and awards at the conference.

Speaking at the conference, Mr. Faussier Loic Michel Marc, Chief Executive Officer of SACOMBANK, shared his perspectives on the evolving financial and banking landscape, highlighting both the opportunities and challenges facing the sector. He emphasized the importance of embracing new ways of thinking, strengthening management capabilities and enhancing adaptability to build a solid foundation for sustainable growth.

Mr. Faussier Loic Michel Marc, Chief Executive Officer, shares strategic messages and inspires the organization with a spirit of innovation, proactive adaptation and collective determination.

Also addressing the conference, Mr. Duong Cong Minh, Chairman, reaffirmed SACOMBANK’s long-term development direction, which is built on effective governance, innovation and sustainable development. He emphasized that collective unity, a strong corporate culture and a readiness to embrace change will be key drivers in strengthening the Bank’s competitiveness, capturing growth opportunities and progressively realizing its strategic objectives in the new phase.

Mr. Duong Cong Minh, Chairman of the Board of Directors, delivers the closing remarks and provides strategic direction at the SACOMBANK conference.

Culture – A foundation for innovation and sustainable development

One of the highlights of the conference was a corporate culture workshop themed “The House of Culture,” led by Mr. Le Duc Thinh, Deputy Chief Executive Officer in charge of Human Resources and Internal Services. The workshop offered in-depth perspectives on the role of corporate culture in SACOMBANK’s development journey, reaffirming that culture is not only a bond that connects people but also a foundation for nurturing innovation, inspiring aspirations for contribution and creating the internal strength needed for the Bank to adapt and break through in a changing environment.

The corporate culture workshop, “The House of Culture,” was a highlight of the program, reinforcing the role of culture in SACOMBANK’s journey of transformation and development.

Through open discussions and exchanges, participants recognized that corporate culture should extend beyond a set of established values and must instead be brought to life through daily actions, a strong sense of responsibility and the collective commitment of every employee. This also serves as a foundation for SACOMBANK to further realize its message, “Lead the Change – Leading through Innovation,” and progressively build the Bank into a symbol of Breakthrough – Trust – Sustainability.

The Bank’s leadership performs the kick-off ceremony to launch the SACOMBANK Culture Handbook, reaffirming its commitment to promoting the Bank’s core cultural values and building a professional, connected and sustainable working environment.

Determined to achieve the 2026 objectives

In concluding the conference, the Bank’s leadership recognized and commended the efforts of all employees during the past six months while emphasizing the need to further strengthen management capabilities, maintain strict control over credit quality, drive effective business growth, accelerate digital transformation and continuously enhance the quality of products and services. Each business unit and employee is expected to continue demonstrating proactivity, accountability and innovation in working together to achieve the Bank’s 2026 objectives.

A commemorative moment marking the unity and determination of SACOMBANK’s leadership and employees as they move forward together to achieve the goals ahead.

With a clear strategic direction, increasingly solid foundations and the collective commitment of more than 12,000 employees, SACOMBANK is ready to enter the second half of the year with strong determination to achieve its targets, further enhance its competitiveness and create sustainable value for customers, the community and the Bank.