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The 8-Year Journey of BSL: Strong Transformation – Sustainable Growth

21/05/25

This May, BIDV-SuMi TRUST Leasing Co, Ltd (BSL) joyfully celebrates the 8th anniversary (19/05/2017 – 19/05/2025), marking an impressive development path in the Financial Leasing sector in Vietnam. As a joint venture between the Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) and Sumitomo Mitsui Trust Bank (SuMi TRUST Bank), BSL has continuously strived to become one of the leading financial leasing companies in Vietnam, accompanying the growth of numerous businesses.

From a Strong Foundation to a Leading Position

As a joint venture between BIDV and SuMi TRUST Bank, BSL benefits from the strengths of two leading financial institutions in Vietnam and Japan. The combination of local market understanding and international governance standards forms a solid foundation that has helped the company gradually establish a reputable position in the Vietnamese market.

Over the past eight years, BSL has continuously expanded its scale, invested in human resource development, enhanced its technology systems for digital transformation, and built trust with customers, partners, shareholders, and regulatory agencies. The company currently offers financial leasing, operational leasing, and institutional deposit services, flexibly meeting the financial needs of businesses across various sectors.

Notably, BSL has signed numerous strategic cooperation agreements with major suppliers, providing a diverse and high-quality leasing asset portfolio. This not only facilitates businesses in accessing modern production equipment but also contributes to enhancing their operational efficiency.

In addition to its business activities, BSL actively collaborates with the Vietnam Leasing Association and various business associations to organize seminars, workshops, and industry events, contributing to the development of legal policies that provide a framework for financial leasing activities and raising awareness about the role and benefits of financial leasing for business development. These activities help businesses better understand the advantages and application of financial leasing while affirming BSL’s commitment to promoting a transparent, professional, and sustainable market.

Mr. Nguyễn Thiều Sơn, Chief Executive Officer of BSL

Mr. Nguyễn Thiều Sơn, Chief Executive Officer of BSL, shares, “Eight years is a meaningful journey, filled with challenges yet full of pride for the BSL team. The key to BSL’s success is the trust we earn and our commitment to delivering the best service quality to our customers. We are proud to have contributed to the success of many Vietnamese enterprises while affirming our pioneering role in the financial leasing sector.”

Transformation and Sustainable Development – A Driving Force for the Future

From the very first years of operation, BSL has defined its mission as sustainable development, with trust as the cornerstone based on a modern governance model and fostering creativity. This is especially true in digital transformation, a crucial strategy in our long-term orientation. The company not only implements technology solutions to optimize operational efficiency but also emphasizes investing in advanced management systems, enhancing customer experience, and increasing competitiveness.

In the current phase – when the economy is undergoing digital transformation, green development, and sustainability – BSL actively implements corporate social responsibility (CSR) programs and proactively integrates the 17 Sustainable Development Goals (SDGs) of the United Nations into its business strategy.

BSL Actively Implements CSR Programs

The message “Transform – Go Beyond” in the eighth year reflects our commitment to comprehensive innovation in technology and processes, marking a shift from “quantity” to “quality”—as the company has climbed to the third position in scale. This transition focuses on efficiency, quality, sustainability, and long-term value. This is how BSL realizes its core values, nurtures a spirit of creativity, and creates real value for customers, partners, and society.

Sustainable Growth: Goals and Commitments

The eight years of building a foundation allows BSL to confidently enter a new phase of development, aiming to become a trusted partner in the Vietnamese Financial Leasing market—where customers always turn to for medium and long-term financial solutions.

In the upcoming journey, with a clear direction for scaling up, enhancing service quality, and increasing synergistic value for stakeholders, BSL focuses on strategic orientations including: enhancing customer experience; expanding markets and diversifying products; developing high-quality human resources; accelerating digital transformation; and promoting comprehensive sustainable development.

BSL is committed to providing effective, flexible financial leasing solutions, helping businesses easily access capital, innovate technology, enhance competitiveness, develop sustainably, and quickly adapt to market fluctuations. In an increasingly competitive financial market where businesses prioritize flexibility, efficiency, and sustainability, BSL is expected to continue its pioneering role as a reliable “capital bridge” for the business community, contributing positively to the overall development of the Vietnamese economy.

With the spirit of “Transform – Go Beyond”, BSL continues to innovate vigorously, striving to reach further

Celebrating its 8th anniversary is not only an opportunity for BSL to reflect on its past development journey but also a moment marking the beginning of a new acceleration phase in innovation. With the spirit of “Transform – Go Beyond”, BSL continues to innovate vigorously, striving to reach further – for customers, for the community, and for a sustainably developing economy.

Thao Nguyen