SCB was honored in the top 50 best growth enterprises in Vietnam

The FAST 500 assessment program has been organized annually by Vietnam Report since 2011, and is built on the results of independent research and evaluation according to international standards. The ranking of enterprises is arranged based on the criteria of compound growth (CAGR) in terms of revenue and business performance.

Top 50 best growth enterprises in Vietnam (Top 50 Vietnam Best Growth) is a ranking announced by Vietnam Report since 2015, in order to recognize and honor the Top 50 Enterprises with good revenue growth and good revenue growth. most sustainable, while maintaining stable business performance during the period 2015 – 2021. Criteria such as: Total assets, total employees, profit after tax and corporate reputation in the media… used as a supplementary factor to determine the size and position of the business in the industry.

This award once again shows that SCB has affirmed its outstanding position in the fastest growing business community in Vietnam in terms of stable and sustainable business performance, compliance with the law and good fulfillment of obligations. contribution to the state budget.

In 2021, despite facing many challenges, SCB still maintains a stable and safe growth rate with the main goal of effective restructuring; deploying new business models and a system of multi-utility products and services to increase customer experience and satisfaction. In addition, SCB constantly improves the quality and efficiency of human resources, optimizes capital efficiency and strengthens risk management.

At the end of 2021, the Bank’s pre-tax profit in 2021 reached VND 1,377 billion. In 2021, SCB also successfully increased its charter capital from VND 15,231 billion to VND 20,020 billion.

SCB’s net interest income grows 163% in 2021. With the strategy of diversifying revenue sources, non-credit activities such as services, foreign exchange trading, investment securities… also operate effectively. contributes 36% to total operating income.

Recently, SCB has also continuously received many prestigious domestic and international awards, such as: “Fast Enterprise Award” (Fast growing enterprise); The title of “Typical Products and Services of Ho Chi Minh City in 2021”; Award “Best Banking Technology Vietnam 2021” (Best Banking Technology Vietnam 2021); Award “Best CSR Bank Vietnam 2021” (Best Bank for Community Responsibility in Vietnam 2021); Award “Best Commercial Bank Vietnam 2021” (Best Commercial Bank in Vietnam 2021); Award “Straight Through Processing Award 2020 – Bank with excellent international payment quality in 2020”; Award “Top 100 Strong Brands of Vietnam in 2021″…

In addition to the business goals, SCB sets a long-term goal of building a solid financial foundation and improving the efficiency of organizational governance activities, in the direction of a modern, multi-purpose and retail bank. – in which, the customer is always placed in the central position.

Currently, the Bank is implementing the project “Assessment of differences and developing a roadmap for Basel II compliance” with partner KPMG to perfect and upgrade the risk management framework with the goal of complying with the Bank’s regulations. State-owned goods and effective management according to international standards Basel.