Loc Phat Bank Vietnam (LPBank) was honored as the Best Workplace in Asia 2024

Việt NamViệt Nam09/08/2024

On August 8, 2024, Loc Phat Bank Vietnam (LPBank) was honored to be voted as one of the Vietnamese enterprises with the best working environment in Asia according to the prestigious rankings based on in-depth surveys and assessments by HR Asia Magazine. Excellently surpassing strict criteria Considered the "Oscar of the HR world", HR Asia Awards 2024 - Best Places to Work in Asia (HRAA) has been held continuously for the past 11 years, applying international assessment standards to Vietnam and countries in the region to recognize achievements, thereby contributing to bringing the position of many Vietnamese enterprises to the world.

Ms. Nguyen Hong Nhung, Director of Human Resources Management, representing LPBank, received the Best Workplace in Asia 2024 award.

After 2 rigorous evaluation rounds, LPBank met the international standard criteria applied to major human resource markets in Asia, including: Core values ​​of the enterprise (corporate culture and environmental culture); Value of employee contribution and Collective values ​​(spirit/ efficiency/ engagement). At the same time, HRAA also conducted in-depth interviews with Bank representatives to evaluate human resource policies, welfare programs and corporate culture. With scores exceeding the market average, LPBank has successfully surpassed many potential candidates to be honored as "Best Workplace in Asia 2024" by HR Asia Award. 2024 is also the first year that Loc Phat Bank Vietnam participates in this prestigious award. According to the organizers, LPBank made a strong impression on the Jury with its strength from high-quality human resources, good policies, remuneration, talent retention, dynamic environment and corporate culture of a prestigious bank. The award is the motivation for LPBank's Board of Directors to continue to improve human resources policies, create a working environment that is employee-oriented, professional and sustainable. Creating a happy working environment During its 16-year development journey, LPBank has continuously affirmed its reputation and position as one of the 14 most important Vietnamese banks in the system, ranked in the top 500 most valuable banks globally. With the mission of becoming a Bank for everyone, Mr. Ho Nam Tien, General Director of LPBank shared: "LPBank identifies people as the most valuable asset of the organization, so it always has a strategy of focusing on nurturing, training and developing human resources, in order to create a strong, quality workforce, gradually bringing LPBank to the top in terms of profit among large joint stock banks in Vietnam".

LPBank has been implementing many activities to improve employee experience with modern 6-star standard offices.

One of the highly appreciated points at the HR Asia Awards 2024 is the ability to design a clear strategic roadmap for LPBank's Human Resources Management Division's employees. This roadmap has been helping to shape the professional development and improve the team's labor productivity, towards common goals, missions and solidarity in system building. Through this strategy, LPBank has been implementing many activities to enhance employee experience such as ESG-standard workplaces from open spaces, green office corners, reading corners and book sharing days across the system to cafeterias, gyms, and other utility rooms for employees. LPBank also owns modern 6-star standard offices in the two largest centers in the country: Hanoi and Ho Chi Minh City with attractive short- and long-term incentives to attract and retain talent. Not only is LPBank the bank with the most education promotion programs and the most schools built in Vietnam, it is also aiming to be the number one bank in Corporate Social Responsibility (CSR) in 2023 with a total value of sponsorship for social and community activities of up to 3,500 billion VND through meaningful programs such as Tree Planting Day - For a Green Vietnam, charity programs...

With daily improved remuneration policies and meaningful activities, LPBank creates a professional working environment, a place that brings happiness to employees.

A key factor that creates the spirit and culture of LPBank also comes from the vibrant movements that unite employees and many activities that LPBank accompanies families such as: LPBank - Run4change, the "LPBanker - Green Workplace" contest, the Legend Spring Football Cup, the "I Love LPBank" emulation movement, organizing the Children's Day festival, Mid-Autumn Festival... Ms. Nguyen Hong Nhung, Director of LPBank Human Resources Management, said: "Being honored to receive the title of one of the "Best Workplaces in Asia" is a great honor for LPBank. This reflects the attention of the Board of Directors, LPBank's Board of Directors and all employees across the system in the effort to build an advanced and intelligent office culture. We are confident that with the day-by-day improvement of remuneration policies, LPBank will be the place to bring growth and happiness to employees - a key factor to help the organization develop sustainably, worthy of the 5 core values: Integrity - Responsibility - Solidarity - Creativity and Customer-centricity". Currently, LPBank has more than 12,000 employees spread across 63 provinces and cities with 566 branches and transaction offices. In addition to the award "Best Workplace in Asia 2024", in recent times, LPBank has continuously achieved many major titles and awards from prestigious domestic and foreign organizations such as: Bank "Fastest Core Banking Implementation in Asia", Bank "Best Automation Technology Implementation in Vietnam", Best Enterprise in Asia 2023, Sao Khue 2024, Top 10 Prestigious Private Joint Stock Commercial Banks...

K.Oanh


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