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Sacombank launches international management system

Update: December, 12/2012 - 10:41

HCM City (VNS)— Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) has just become the first Vietnamese bank to implement an environmental and social management system.

The system was built in accordance with international standards and suitable for Viet Nam conditions, said Price Waterhouse Coopers Netherlands.

A system is a set of management processes and procedures that allows banks to analyse, control and reduce the environmental and social impacts of its activities, products and services. — VNS

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