notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
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28<br />
ANNUAL REPORT 2007<br />
Healthy and Wise<br />
<strong>Sacombank</strong>. The idea stemmed from <strong>the</strong> Banks aim <strong>to</strong> help <strong>the</strong> downcast and under-<br />
privileged and provide <strong>the</strong>m with a light of hope.<br />
Also in 2007, <strong>Sacombank</strong> contributed <strong>to</strong> hundreds of community programs including<br />
funds for <strong>the</strong> poor and victims of orange agents, charitable eye surgery, clinics and<br />
poor houses; supported orphanages, victims of natural disasters in Central Vietnam<br />
and o<strong>the</strong>r charitable activities. About VND16 billion that mainly came from staff<br />
contribution and welfare, was spent. In addition, <strong>the</strong> Bank’s 211 branches, from north<br />
<strong>to</strong> south, has offered employment <strong>to</strong> 6,000 workers nationwide, contributing <strong>to</strong> <strong>the</strong><br />
economic development and raising awareness of banking <strong>to</strong> <strong>the</strong> nation.<br />
Not putting profi t as its fi rst goal, <strong>Sacombank</strong> focuses on providing cus<strong>to</strong>mer benefi ts<br />
with a cus<strong>to</strong>mer-oriented product “<strong>Sacombank</strong>– thanking you is not enough” was<br />
designed as a gratitude program for cus<strong>to</strong>mers. <strong>Sacombank</strong> has done extensive<br />
research <strong>to</strong> launch particular products fi tting various cus<strong>to</strong>mers with specifi c needs<br />
such as saving, lending, consuming, overseas studying. The Bank also invested in<br />
modern bank technology, extending its network <strong>to</strong> remote areas <strong>to</strong> serve cus<strong>to</strong>mers<br />
better. Special branches have been set up <strong>to</strong> serve special needs, such as, Women-<br />
for-Women branches and Chinese Speaking Branches. <strong>Sacombank</strong> has always<br />
treated cus<strong>to</strong>mers as partners in development.