SACOMBANK successfully implements new organizational model
17/03/2026Streamlining the organization and enhancing business capabilities
SACOMBANK began operating under the new organizational model from 22/01/2026. The restructured organization has been streamlined into a vertical, industry-based model with 9 Business Blocks. Notably, the staff ratio between the front office and the back office has been optimized to 80:20. This shift allows the Bank to focus resources on business activities, strengthen its direct sales force, improve customer outreach and service quality, and enable more efficient cost allocation and control.
Mr. Nguyễn Đức Thụy – CEO of SACOMBANK – presents flowers to congratulate the Deputy CEO in charge of the new Business Blocks.
In addition, optimizing support functions has helped accelerate the digitalization of operational processes, improve labor productivity, and strengthen internal governance.
At the network level, the Regional Offices have been reorganized into “Regions,” while branches and transaction offices have been rearranged to increase autonomy, concentrate resources on high-potential markets, reduce intermediate management layers, and enhance coordination efficiency.
Mr. Phạm Văn Phong – Member of the Board of Directors – presents flowers to congratulate the Deputy CEO and Members of BOM responsible for the new Blocks and Regions.
These timely adjustments are expected to help SACOMBANK build a more flexible operating model, make better use of resources, and strengthen its competitiveness in the rapidly changing financial and banking landscape. This also provides a solid foundation for the Bank to resolve remaining legacy issues and complete its restructuring plan in the near future.
Strong determination from the Board of Directors
SACOMBANK’s Permanent Deputy CEO, Mr. Hà Văn Trung, emphasized the strategic importance of this change: “The streamlining of the organizational structure and the transition to a vertical, industry-based model is a critical foundation for completing the restructuring plan, reducing non-performing loans, improving the Net Interest Margin (NIM), ensuring operational safety ratios, and increasing provision coverage.” These efforts not only help SACOMBANK strengthen its solid financial foundation but also create momentum for sustainable and prudent long-term growth.
Mr. Hà Văn Trung – Permanent Deputy CEO of SACOMBANK – delivers a speech on the Bank’s next strategic directions following the successful implementation of the new organizational model.
Mr. Trung added that with a leaner structure, clearer coordination mechanisms, and more rational resource allocation, SACOMBANK will be better positioned to leverage its internal strengths, meet risk management requirements, and achieve safe, effective, and sustainable development, thereby maximizing value for customers, partners, shareholders, and the community.
New brand – New energy
The organizational streamlining takes place alongside several other innovation initiatives aimed at enhancing SACOMBANK’s image and market competitiveness. Previously, the Bank unveiled its new brand identity with a more dynamic and modern look and introduced footballer Nguyễn Đình Bắc as its new brand ambassador.
These changes reflect the first wave of reforms at SACOMBANK under new leadership and a decisive management approach. They mark an important milestone in the Bank’s transformation journey, providing a strong foundation to improve operational efficiency, drive sustainable growth, and gradually affirm its position among Vietnam’s leading joint-stock commercial banks.
The combination of a streamlined organizational structure and a modern brand image affirms the emergence of a new SACOMBANK: leaner, stronger, and always ready to break through.