notes to the consolidated financial statements - Sacombank

n Third: building the business network as a network of
sales units that provide diverse products and services,
especially boosting operational scale at Transaction
Offices like downsized Branches, making transaction
offices active in growing incomes;
n Fourth: improvement of service quality to maintain
and develop a stable customer base comprising
local residents, development of a professional sales
and service development culture, and attracting
customers with high-quality products and impeccable
service;
n Fifth: constant upgrading of the banking technology
systems; maximising the exploitation of technological
applications in corporate governance activities;
development of new products, especially electronic
banking products, on the basis of modern technology
to provide more convenience to customers and
improve employee productivity;
4
35
8
55
13
75
16
90
18
103
37
159
n Sixth: training and improvement of the quality of
human resources to fulfill development strategies
and provide additional human resources when
needed in a timely manner.
In short, the network development activities throughout
Sacombank’s history have not only created a firm
foundation for the coming period, but also facilitate
customer access to modern financial products and
services, meet the needs and improve the living
standards of the people, assist enterprises in their
business expansion and performance improvement, and
contribute to the development of the local economy.
The success of the network development strategies of
Sacombank has affirmed the maturity and growth of
Vietnam’s commercial banking sector in the process of
global integration
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
43
207
44
247
45 45
310
number of transaction office Presented Location
CORPORATE GOVERNANCE
366
47
408
ANNUAL REPORT 2011 64