North Asia Bank celebrates 30th anniversary

On September 17, in Vinh city (Nghe An), Bac A Commercial Joint Stock Bank ( Bac A Bank ) solemnly held the 30th anniversary celebration (September 17, 1994 - September 17, 2024).

Awarding emulation flags and certificates of merit from the Governor of the State Bank of Vietnam and the People's Committee of Nghe An province to outstanding collectives and individuals of Bac A Bank.

On September 17, 1994, Bac A Commercial Joint Stock Bank was established. This is the only joint stock commercial bank established in central Vietnam with an initial charter capital of 20 billion VND. 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 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 175 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. In particular, 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-tech applications in rural agriculture; social security to accompany the creation of core values, environmentally friendly and sustainable. In addition, Bac A Bank is also a unit that has made contributions with profound impacts on the community through volunteer activities, social security such as caring for Vietnamese Heroic Mothers; building schools, bridges, roads, toilets for poor children in remote areas; supporting people in difficult circumstances to have sustainable livelihoods;... Despite many fluctuations, Bac A Bank has always stood side by side with customers, creating development. In particular, in 2009, Bac A Bank became an investment consultant of TH Group with a revolutionary project on clean fresh milk, changing the nature of the dairy industry - Dairy farming and clean fresh milk processing project in Nghe An.

Awarding Certificates of Merit to Bac A Bank's collectives and individuals for their outstanding achievements in the cause of building and developing the economy of Nghe An province.

Not only that, from the modern, concentrated high-tech cattle farm cluster, the largest in the region in Nghia Dan (Nghe An), TH Group, under the investment consultancy of Bac A Bank, has reached out internationally with a dairy cow 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 develop health protection projects, completely from nature such as: Clean food, clean drinks, clean medicinal herbs... Those are the important highlights of the Project " Economy under the forest canopy", green economy, circular economy towards sustainable values ​​that Bac A Bank and TH Group have implemented together. Along with that, Bac A Bank has accompanied TH Group in projects in the fields of social security, health, education such as the TH School System project; The project of High-tech Medical-Healthcare Complex (TH Medical);... was implemented systematically... Ms. Thai Huong, General Director of Bac A Bank emphasized: The measure of success of Bac A Bank is not only in the numbers, but also 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 Nghe An and the country. In 2011, in response to the urgent need to focus resources on a comprehensive development strategy towards serving a generation of customers who are high-tech agricultural enterprises, Bac A Bank officially transformed its brand identity system. The new logo of Bac A Bank features a stylized lotus flower, symbolizing a bright mind, intelligence, philosophy of life, dedication, desire 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 the field of investment consulting and credit granting 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. Director of the State Bank of Nghe An province branch Nguyen Thi Thu Thu noted: With its strategy and long-standing operations, Bac A Bank always directs its credit activities to the field of high-tech application in agriculture and rural areas with the lending rate in this field always reaching over 40%, contributing to changing the value of agricultural products, bringing more benefits to farmers, promoting socio-economic development in rural areas and restructuring the agricultural sector according to the policies of the Party, the State and the Industry. Vice Chairman of the People's Committee of Nghe An province Bui Thanh An shared: After 30 years of establishment, Bac A Bank and TH Group have contributed to changing the land of western Nghe An, from a harsh land to a place where farmers can feel secure to settle down, build their lives and proudly produce agricultural products such as milk, herbs, clean vegetables, ... serving more and more domestic and international customers. Starting from Nghe An, Bac A Bank is the only joint stock commercial bank established in the central region and after 30 years, Bac A Bank has made many contributions to the development of Nghe An province... The Vice Chairman of Nghe An Provincial People's Committee hopes that in the coming time, Bac A Bank will continue to accompany and closely follow the development orientation of Nghe An province with growth targets and strictly control credit quality; provide customers with modern and multi-functional banking products and services. At the same time, Bac A Bank will continue to provide investment consulting and credit to enterprises applying high technology in the fields of rural agriculture, clean medicinal herbs, healthcare, and education. Continue to do a good job of social security and enhance community responsibility in the locality...

Bac A Bank donated 50 houses to people in flood-affected areas affected by typhoon Yagi.

On this occasion, the Governor of the State Bank of Vietnam and the People's Committee of Nghe An province awarded the Emulation Flag and Certificate of Merit to Bac A Bank and the collectives and individuals of Bac A Bank for their outstanding achievements in the banking sector and the cause of building and developing the economy of Nghe An province.

Delegates donated to support the construction of two schools in Lao Cai and Cao Bang that were completely damaged by storm Yagi.

At the event, Bac A Bank, through the For Vietnamese Stature Fund, donated 50 houses to people in flood-affected areas affected by Typhoon Yagi, helping them to quickly stabilize their lives and restore production and business. At the same time, delegates and staff of Bac A Bank donated to support the construction of two schools in Lao Cai and Cao Bang provinces that were completely damaged by Typhoon Yagi. Source: https://nhandan.vn/ngan-hang-bac-a-ky-niem-30-nam-thanh-lap-post831466.html