Bac A Bank: 20 Years Adopting “For People” Philosophy

4:24:42 PM | 9/19/2014


Bac A Commercial Joint Stock Bank celebrated its 20th founding
anniversary (1994-2014) on September 17, 2014 in Vinh City, Nghe An Province.

Always steadfast in its chosen path “For the people” and always
perseverant to the single principle “Not maximise profits but
rationalise business and community interests", Bac A Bank is a pioneer
in investment advisory and credit provision for businesses with the
plans to apply high-tech to agricultural and rural development in
order to create a new generation of sustainably developing businesses,
to invest in social security, food processing, pharmaceutical
production, education and health.

Typically effective ongoing projects to which Bac A Bank has provided
investment consultancy include a large-scaled cow farming and dairy
processing project (TH Dairy Food Company, TH Truemilk Fresh Milk
Factory, TH Food Company) and a natural medicinal herb and flavour
project invested by TH Pharmaceuticals Joint Stock Company.

Bac A Bank is focusing on completing its strategy of becoming a
medium-size bank specialised in advising companies on high-tech
application to agriculture and rural development and supporting
industries by 2015. From 2015 to 2020, the bank is determined to bring
this generation of investors to a new level in the era of
international integration.

At its celebration anniversary, Bac A Bank is honoured to receive the
Government Emulation Flag from the Prime Minister in recognition of
its excellent achievements in banking businesses in 2013. Ms Thai
Huong, Vice President and CEO of Bac A Bank, was bestowed the
Third-class Labour Order by the State President.

TLD