NCB is ranked for the 2nd time as the Best Place to Work in Asia

Thạch Lam |

On August 8, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietnam Joint Stock Commercial Bank for Foreign Trade, or NCB) was once again honored by the HRAA Awards as “Best Companies to Work for in Asia 2024”.

The "Best Place to Work in Asia" award is an international and annual award of credibility organized by HR Asia Magazine, aiming to evaluate and honor businesses with outstanding human resources policies, attractive remuneration packages, and the best working environment in the region.

The evaluation and selection process is carried out based on the TEAM model, which is a direct and effective evaluation tool for all human resource scales, focusing on three factors: Core; Self; and Group.

In addition, HR Asia also conducts in-depth interviews to evaluate the human resources policies, welfare programs, and corporate culture of each unit more accurately.

After overcoming the strict criteria of the organizing committee, this year, NCB continues to be honored as the best place to work in Asia with an outstanding score of 4.6/5 points. Among them, the three factors of Core – Self – Group of the bank achieved scores of 4.43 - 4.67 - 4.71, far exceeding the average score of participating companies.

Notably, with the question "Are you willing to introduce NCB as an ideal workplace to your relatives and friends?", 94.4% of employees participating in the vote agree, while the average score of participating companies is 78.4%.

This is a signal indicating the positive changes of NCB in building an attractive working environment, creating touchpoints and good impressions in the employee experience journey.

This is the second consecutive year that the HRAA Award has honored NCB as the "Best Place to Work in Asia". Previously, in 2018, 2020, and 2021, NCB also received the "Best Working Environment in Vietnam" award from Global Banking & Finance Review (GBAF) Magazine.

The international award of credibility this year has once again recognized NCB's efforts in comprehensive transformation, standardizing management models, developing competitive human resources policies, and focusing on developing high-quality human resources to serve customers to increasingly high standards.

Mr. Tạ Kiều Hưng, General Director of Joint Stock Commercial Bank for the People of Vietnam, said: "The human resources team is a valuable asset of NCB. We always prioritize investment and dedicate a lot of passion to building a high-quality working environment, providing human resources policies and development opportunities for employees to the best, and contributing to building high-quality human resources for the Finance-Banking sector."

According to Mr. Hưng, NCB is currently implementing a new development strategy with a leading global strategic consulting unit. In this journey, the bank determines that, in addition to business solutions, technology infrastructure, and service products, human resources are the decisive factor.

"NCB is attracting talented individuals to participate in the comprehensive transformation of the bank. We are developing a professional, dynamic working environment with excellent human resources policies. There, employees will have many challenges but also many opportunities to upgrade and affirm themselves," Mr. Tạ Kiều Hưng emphasized.

It is known that in recent times, NCB has streamlined its human resources system with the participation of many human resources personnel at all levels with deep expertise. To date, NCB is one of the banks with a team of human resources, especially senior human resources personnel with extensive experience, professional expertise, and management capabilities on the Finance-Banking market.

Many bright spots in human resources policies in recent times have also helped NCB become a reputable employer, attracting talented individuals, such as: Building attractive remuneration packages, adjusting salaries across the entire NCB system to be competitive with the market, creating motivation for employees; Leaders are willing to "give opportunities and trust" to help employees have opportunities to develop and fully utilize their abilities and values; Building a working environment that inspires a comprehensive system of physical facilities upgraded in entirety, creativity…

In addition, the bank has also developed a corporate culture that is increasingly clear with core values "Loyalty – Trust – Devotion – Frugality – Ascension", continuously developing corporate culture activities such as sports competitions, team building, learning activities, professional skills competitions, and creative competitions for the children of employees….

Thanks to this, the sense of unity has been enhanced, creating a rich spiritual life for employees and building a happy working environment, which is a fertile land for talented individuals to germinate and develop.

Thạch Lam
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