Sacombank was voted as an effective enterprise

The list of "Most Innovative Enterprises Vietnam 2023" in the banking and other industries, announced by Dau Tu Newspaper in collaboration with Vietnam Business Research Joint Stock Company (Viet Research) this year, marks the first edition to recognize units that have embraced creativity and innovation in their operations. These companies have significantly contributed to improving production and business efficiency, establishing a strong market presence, and playing a crucial role in the overall development of the country. Sacombank has been highly appreciated for its business efficiency, growth potential, and innovative strategies that add value to its services. Notably, the bank has made substantial advancements in online banking services (Internet Banking, Mobile Banking), comprehensively upgraded the financial application Sacombank Pay, allowing customers to conduct banking transactions anytime and anywhere. Additionally, Sacombank has widely deployed fintech solutions, including contactless payment services, and has applied blockchain technology to enhance security and safety, leading to an enhanced customer experience.

Besides, the bank was also honored in the ranking of the "Top 50 Corporate Sustainability Award 2023" in the category of "Outstanding risk management", as announced by Nhip Cau Dau Tu Magazine. Sacombank has fully applied the 3 pillars of Basel II in its operations and recently launched the project "Implementing Basel III and Improving the Capacity of the Risk Management System" to further elevate risk management activities to higher standards. The bank closely monitors operational safety indicators and maintains strict control over the credit quality, with 100% of branches assigned to control credit and operational risk.

Sacombank representative, Mr. Ho Doan Cuong - Deputy General Director, receiving the award for Top 50 Corporate Sustainability Award 2023.

Notably, Sacombank has also received two international awards from the International Business Magazine: “Best Digital Transformation Bank Vietnam 2023" and "Most Innovative Retail Bank Vietnam 2023".  These accolades recognize the bank's positive innovations and transformative efforts in digitalization and business operations.