notes to the consolidated financial statements - Sacombank

FOR A BETTER LIFE
n Continuing to promote the “love for needy people” tradition
of our people, since 2004, the “Spring Charity Festival” has
become an annual community development activity for
Sacombank and its corporate friends, designed to meet
and share Tet holiday joy with thousands of lonely elderly
people, street children and needy disabled children who
are supported and cared for in nursing homes, orphanages
and charity houses in HCMC and neighbouring provinces.
On 15 January 2012, Sacombank coordinated with the
HCMC Association for Saving Disabled Children to organise
the “Year of the Dragon Charity Festival” at Phu Tho
Gymnasium (HCMC) with total funding of over VND4 billion,
appropriated from the Welfare Fund and Labour Union
Fund of Sacombank and contributions (nearly VND140
million) from customers and partners of Sacombank at its
20th Anniversary Ceremony. This was the ninth consecutive
year that Sacombank had organised the Charity Festival at
the beginning of the New Year. The organisation of the
“Spring Charity Festival” on an annual basis shows
Sacombank’s responsibility to the community, joining
hands with the community to strive for a better life.
n In addition, Sacombank participated in other activities
such as: construction of houses of affection, sponsorship
for charity houses, contribution to a charitable fund for
dioxin victims, contribution to the “For the Poor” Fund
in provinces and cities, sponsorship of eye surgery for
needy blind people, support for victims of natural
calamities, etc. In general, Sacombank’s community
development activities are all aimed at supporting the
vulnerable people in society in the most practical and
effective manner possible, contributing to increasing
social equality and showing the enterprise’s responsibility
to the country.
ANNUAL REPORT 2011 76