After 30 years of construction and development, Bac A Commercial Joint Stock Bank has achieved outstanding achievements, becoming one of the prestigious brands in the country.Vietnam Banking System.

Pioneering creative footsteps at the beginning

September 17, 1994,North Asia Commercial Joint Stock Bankwas born - is the only joint stock commercial bank established in Central Vietnam with an initial charter capital of 20 billion VND. With the mindset of respecting the law, always harmonizing the interests of businesses, customers and the community; every decision and step of BAC A BANK upholds humanistic values. BAC A BANK has always chosen to stand side by side with customers through many major changes of the times such as the opening and integration period in the early 1990s, the Asian financial crisis in 2008 and the global financial crisis in 2011...

Under the wise leadership and outstanding thinking of Ms. Thai Huong, one of the youngest bank CEOs at that time; BAC A BANK took its first steady steps. At the same time, the Bank also introduced breakthrough initiatives, fully devoted to customers, demonstrating the vision of the leader such as: proposing flexible savings interest rates to optimize the interests of depositors even in cases of having to withdraw the principal before maturity. Or appraising credit granting projects based on both mortgaged assets and loan plans, the capacity of the leader; as well as considering debt extension for customers in difficulty, while supporting customers to access the market, expand business scale under the strict control of credit officers, etc.

These are carefully considered professional decisions, appropriate in the context of the majority of customers being farmers and small traders seeking to transform themselves according to the market economy... These humane methods are flexibly applied on the basis of respecting the law, complying with strict regulations of the State Bank, and have gradually built trust in the first generations of customers of BAC A BANK - the foundation for the prosperity of BAC A BANK in the future.

Steadfastly reaching out with a bright mind

In 2009, BAC A BANK became an investment consultant of TH Group with a revolutionary project.Project:Dairy farming and fresh milk processing in Nghe An. TH Group has created a fresh milk revolution, changing the nature of the dairy industry. This path also helps TH Group find the golden key for Vietnamese agriculture, which is the combination of Vietnamese Intelligence, Vietnamese Resources, and the World's Terminal Technology, combined with interwoven management science to create international quality products. From the world's largest modern concentrated cattle farm cluster in Nghia Dan, Nghe An and a chain of high-tech farms in the country, TH, with the investment consultancy of BAC A BANK, has reached out internationally with a dairy farming project in Russia; a corn and cotton farm project in Australia;...

In 2009, BAC A BANK became an investment consultant of TH Group with a revolutionary project: Dairy farming and fresh milk processing project in Nghe An. TH Group has created a fresh milk revolution, changing the nature of the dairy industry. This path also helped TH Group find the golden key for Vietnamese agriculture, which is the combination of Vietnamese Intelligence, Vietnamese Resources, and World-class Terminal Technology, combined with interwoven management science to create international quality products. From the world's largest modern concentrated cattle farm cluster in Nghia Dan, Nghe An and a chain of high-tech farms in the country, TH, under the investment consultancy of BAC A BANK, has reached out internationally with a Dairy Farming Project in Russia; a Corn and Cotton Farm Project in Australia;...

Up to now, under the investment consultancy of BAC A BANK, TH Group continues to expand the path to bring precious gifts to protect health, completely from nature such as: clean food, clean drinks; and especially clean medicinal herbs. These are the important highlights of the project "Economy under the forest canopy", green economy, circular economy - creating an aspirational journey towards sustainable values ​​that BAC A BANK and TH Group share the belief and accompany to implement. The journey becomes more complete with projects in the fields of social security, health, education such as the TH School System project; the High-tech Medical - Healthcare Complex project (TH Medical);.. implemented with a methodical roadmap towards building a truly happy life for Vietnamese people.

In 2011, in response to the urgent need to focus resources on a comprehensive development strategy aimed at serving a generation of high-tech agricultural enterprise customers, BAC A BANK officially transformed its brand identity system. BAC A BANK's new logo features a stylized lotus flower, symbolizing a bright mind, intelligence, philosophy of life, dedication, aspiration to rise up and optimism about a bright future; as a statement of the change in service quality and direction of Bac A Commercial Joint Stock Bank.

Accordingly, BAC A BANK gradually realizes its leading strategy in investment consulting and credit provision for customers operating in the fields of high technology, agricultural modernization, rural areas and social security such as agriculture - forestry - fishery, clean medicinal materials, healthcare and education, creating a generation of businesses developing in the direction of Green Economy - Knowledge Economy - Circular Economy on the basis of sustainable development; at the same time, focusing on developing products and services of a modern multi-functional bank.

After 30 years of construction and development, with continuous efforts, BAC A BANK has achieved outstanding achievements, becoming one of the prestigious brands in the Vietnamese banking system. As of June 2024, BAC A BANK has total assets of 154,482 billion VND; charter capital of 8,959 billion VND with a network of up to 176 transaction points in 42 provinces and cities nationwide. BAC A BANK's financial and banking products are very diverse, supplemented with many new utilities and regularly implemented incentive programs, basically meeting all the needs of different customer segments.

BAC A BANK has made a strong mark in the market as a pioneer bank in the field of investment consulting and credit granting for enterprises investing in high technology applications in the field of rural agriculture; social security to accompany the creation of core values, friendly to the environment, and at the same time help BAC A BANK send a message about a sustainable future.

In addition, BAC A BANK is also a unit that has made contributions with profound impacts on the community through volunteer activities and social security such as taking care of heroic Vietnamese mothers; building schools, bridges, roads, toilets for poor children in remote areas; supporting people in difficult circumstances with sustainable livelihoods;... In particular, BAC A BANK is also a leading unit in supporting activities to prevent the Covid - 19 epidemic with a total budget of more than 100 billion VND. BAC A BANK's volunteer activities have become more systematic when accompanying the Fund for Vietnamese Stature to bring about campaigns demonstrating national strategic social responsibility such as School Nutrition; Happy School;...

Welcome 30 years old with many aspirations for the future

Ms. Thai Huong, Hero of Labor in the renovation period, Vice Chairwoman of the Board of Directors, General Director of Bac A Commercial Joint Stock Bank emphasized: “The measure of success of BAC A BANK is not only in numbers, but also demonstrated through investment consulting and credit granting, creating a generation of customers developing according to the green economic model, knowledge economy, circular economy on the basis of sustainable development, contributing to the development of the country, rich and civilized”.

Implementing a synchronous development strategy, in the coming time, BAC A BANK will remain steadfast in its consistent orientation of building and developing a multi-functional, modern, advanced management bank, in accordance with Vietnamese and international practices and standards, fully and diversely meeting the needs of financial and banking services of the economy. Taking customers as the center, BAC A BANK will focus resources, continuously improve for digital transformation, modernize the technology platform to diversify the product and service portfolio and enhance the experience and convenience for customers.

Continuing to pursue the goal of creating a generation of sustainable businesses, BAC A BANK will prioritize investment consulting and credit granting for high-tech application projects in agricultural - forestry - fishery production, clean medicinal materials, healthcare and education; processing and manufacturing industries... - gradually consolidating the comprehensive financial product and service ecosystem to optimally exploit the customer base in accordance with the banking model of the future.

30 years ago, BAC A BANK set the standardPioneeras the first core value - the foundation for building a sustainable future, leading the era of comprehensive digitalization of the economy. And still keeping intact the spirit of the early days - when belief and action are elevated by a bright mind, BAC A BANK believes in the chosen path of applying high technology combined with Vietnamese intellectual resources, towards sustainable, authentic values ​​and For the people; contributing to the revolution "Digital transformation - An important driving force for developing productive forces, perfecting production relations to bring the country into a new era" (quoted from General Secretary, President To Lam).