Ngô Quốc Hùng, deputy director of Administrative Division at Sacombank, representing the bank, receives the award for ‘Top 50 Prestigious and Effective Public Companies in 2023" from Vietnam Report. — Photo courtesy of the bank

Sacombank has been named among the ‘Top 50 Prestigious and Effective Public Companies in 2023" (VIX50) and ‘Top 10 Prestigious Vietnamese Joint Stock Commercial Banks in 2023’ by Vietnam Report.

The rankings are based on three main criteria: business performance, media reputation, and surveys of related subjects.

The jury appreciated Sacombank for its solid financial foundation, effective development strategy, achievements in providing products and services to customers, and impressive image to customers and investors.

Together with previous reputable awards from domestic and international organisations, these two awards once again affirm Sacombank's constant efforts in enhancing intrinsic value, strengthening competitive capability, and capitalising on opportunities to rise up amid the volatile economic environment in the 2022-23 period, thereby consolidating its position as one of the leading joint-stock commercial banks in Việt Nam and positively contributing to the stability and sustainable development of the banking industry as well as the Vietnamese economy. — VNS