notes to the consolidated financial statements - Sacombank

SoCIAL RESPonSIBILIty
JOINT EFFORTS FOR THE FUTURE GENERATION
n In 2004, the Scholarship Fund “Sacombank – Nurturing
Dreams” came into existence with the aim of supporting
needy students who show promise. The financial resources
for this fund came from the appropriation of 1% of the
annual net profit of Sacombank. In 2011, Sacombank
granted more than 2,340 scholarships worth over VND2.6
billion in total to needy pupils and students with a high
level of academic achievement and new valedictorians
across the country in locations where Sacombank’s
Branches are based.
n In 2011, Sacombank continued to accept Sacombank
Potential Interns. The program of accepting students for
internships at Sacombank is organised every year. Not
only does this program give students the opportunity to
access practical work experience, but it also serves as a
large-scale personnel recruitment program for Sacombank
through which students are chosen to share opportunities
to accompany Sacombank and the financial and banking
industry into the future.
n On 15 May 2011, Sacombank initiated the “Private Lesson
on Saving” Program at Vo Truong Toan Secondary School
(District 1, HCMC). At this event, a representative of
Sacombank talked about the way in which pupils tend to
use their money nowadays and introduced the “Phu Dong
Saving” Product. This product is considered an effective
financial education solution for Vietnamese young people,
helping them to form a saving habit from childhood. In
addition, Sacombank established the Phu Dong Club to
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ANNUAL REPORT 2011
create a playground for children with interesting and
useful extracurricular activities, contributing to creating
and promoting good money saving and use habits.
n From 2005 to date, Mr. Dang Van Thanh – Chairman of
Sacombank – has presided over a series of workshops
called “Sharing experience on corporate governance and
management” to share his more than 30 years’ experience
in corporate governance and management with 11,900
businesspersons in 29 out of 47 provinces and cities of
Vietnam. Through these workshops, Sacombank has
created added value for customers and shown its
responsibility towards joint development with enterprises
in localities in the process of economic integration.
n Since 2004, Sacombank has officially organised the crosscountry
running prize “Running with Sacombank for
community health” and made it an annual event on the
occasion of opening ceremonies and anniversaries of the
Branches across its entire system. In 2011, Sacombank
organised 44 cross-country running prizes, helping to
promote the emulation movement called “wellness for
career start-up” among pupils, students and young people
nationwide.