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Overview

Leadership Team

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Mr. Nguyen Thanh Long graduated from Nguyen Ai Quoc 2 School with a Bachelor of Commerce in Economics and a course in advanced political theory.

Mr. Nguyen Thanh Long was previously the General Director of the Saigon Jewelry Company (SJC), Chairman of the Board of Directors of the Vietnam Import-Export Commercial Joint Stock Bank (Eximbank), and Chairman of the Board of Directors of Rong Viet Securities Joint Stock Company (VDSC).

Mr. Nguyen Thanh Long is currently the Chairman of the Board of Directors of Bao Long Insurance Corporation, as well as the Vice Chairman of the Board of Directors of Asia Commercial Joint Stock Bank (ACB).

MR. NGUYEN THANH LONG

Chairman of Board of Directors

Mr. Phan Quoc Dung graduated in Marine Engineering and the post-graduate program of Fulbright Applied Economics university.

Mr. Phan Quoc Dung held various positions such as Head of Marine Department, Chief underwriting Office, Head of Property & Engineering Department, Deputy Director of Bao Minh Transaction Office, Director of Bao Minh Ben Thanh. Mr. Dung was CEO of Vien Dong Insurance Corporation, CEO of GNT Vietnam, Deputy CEO of Jardine Lloyd’s Thompson Insurance Broker.

Hiện nay, Ông Phan Quốc Dũng giữ chức vụ Phó Chủ tịch thường trực Hội đồng quản trị kiêm Tổng Giám đốc Tổng Công ty Cổ phần Bảo hiểm Bảo Long.

MR. PHAN QUOC DUNG

Standing Vice Chairman of Board of Directors cum CEO

Mr. Nguyen Van Hung earned a bachelor's degree in finance and banking before enrolling in the Fulbright Graduate Program in Applied Economics.

Mr. Nguyen Van Hung previously worked for the Vietnam Bank for Industry and Trade; Saigon Commercial Joint Stock Bank (SCB), where he held the positions of Deputy Director of An Dong Branch, Head of Deposit and Savings Department Head Office, Head of Capital Resources and Foreign Exchange Department Head Office, Chief Accountant Head Office, and Deputy General Director of Saigon Commercial Joint Stock Bank (SCB).

Mr. Nguyen Van Hung is currently the Vice Chairman of the Board of Directors of Bao Long Insurance Corporation, as well as the Deputy General Director in charge of the Accounting Division and the Chief Accountant of Saigon Commercial Joint Stock Bank.

MR. NGUYEN VAN HUNG

Vice Chairman of Board of Directors

Ms. Pham Minh Cham is a member of the Association of Chartered Certified Accountants and holds a bachelor's degree in accounting and auditing from National Economics University (ACCA).

Ms. Pham Minh Cham previously worked for Ersnt & Young Vietnam Co., Ltd. as the Audit Head of the Finance and Banking Division.

Currently, Ms. Pham Minh Cham holds the position of Member of BOD cum Vice CEO of Bao Long Insurance Corporation.

MS. PHAM MINH CHAM

Member of the Board of Directors cum Vice Chief Executive Officer

Mr. Hoang Minh Hoan graduated with a Master's degree in Banking and Finance from the University Of Economics Ho Chi Minh City.

Mr. Hoan has more than 21 years of experience in the field of Finance and Banking and has held many positions such as Director of Saigon Branch, Director of Customer Relations Division, Vice General Manager, Head of Division, Deputy General Director in charge of Finance and Capital Management Division, Acting General Director, Standing Deputy General Director, Chairman of the Restructuring Committee, Vice Chief Executive Officer of Saigon Commercial Joint Stock Bank (SCB).

Currently, Mr. Hoang Minh Hoan is holding the position of Standing Deputy General Director of Saigon Commercial Joint Stock Bank (SCB).

MR. HOANG MINH HOAN

Member of the Board of Directors

Mr. Nguyen Thanh Nam graduated with an MBA from Hanoi Foreign Trade University.

Mr. Nam has more than 18 years of experience in the field of Finance and Banking and has held many positions such as Head of Representative Office of Vietcombank, Deputy Head of Corporate Customer Department, Head of Retail Department, Vice Branch Manager of VietinBank.

Currently, Mr. Nguyen Thanh Nam is holding the position of Deputy General Director - Saigon Commercial Joint Stock Bank (SCB).

MR. NGUYEN THANH NAM

Member of the Board of Directors

Mr. Lai Quoc Phong graduated with a Master of Finance from the University of Michigan and a Master of Law from St. Thomas University College of Law, USA.

Mr. Phong has 27 years of experience in the field of Finance and has held many positions such as Chief Financial Officer, Chairman of the Members' Council, and General Director of enterprises.

Mr. Lai Quoc Phong is currently holding the position of Chairman of the Board of Members and General Director of Nikko Ventures Co., Ltd.

MR. LAI QUOC PHONG

Member of the Board of Directors

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Sustainable Development

On July 11, 1995, Bao Long Insurance Joint Stock Corporation, known as Nha Rong Insurance Joint Stock Company, was founded and officially launched into the insurance market.

The Ministry of Finance has issued Bao Long the Certificate No. 05TC/GCN, confirming eligibility and conditions for insurance business activities. Bao Long is Vietnam's first joint-stock company to operate in the sector of non-life insurance

On May 14, 2012, the Ministry of Finance issued the Adjustment Certificate No. 05/GPĐC16/KDBH approve the renaming of Nha Rong Insurance Joint Stock Company to Bao Long Insurance Joint Stock Corporation (Bao Long). After 27 years of operation and development, Bao Long has been fully capable to meet all insurance demands of clients based on 46 member companies, nearly 1000 insurance agents, and solid financial capacity, as well as professional and experienced staff.

INFORMATION OF BAO LONG INSURANCE CORPORATION
International name BAO LONG INSURANCE CORPORATION
Transaction name BAO LONG INSURANCE
Abbreviation name BẢO LONG
Business Registration Certifcate No Certifcate No 059614 registered on 2 August 1995 issued by Ho Chi Minh City Department of Planning and Investment (formerly known as Ho Chi Minh City’s Committee of Planning)
Address 185 Dien Bien Phu Street, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam
Telephone Number (84.28) 38 239 219
Fax (84.28) 38 228 967
Website www.baolonginsurance.com.vn
Transaction account 156 01 0126637 0001 Saigon Commercial Bank (SCB) – Pham Ngoc Thach Branch, HCMC
Charter Capital 600.000.000.000 VND (Six hundred billion VND)

VISION, MISSION, CORE VALUES

VISION

To become one of the most trusted insurance companies

MISSION

To create a peaceful and prosperous community

CORE VALUES

  • Person-centered
  • Righteous staff
  • Constantly innovating

COMMITMENTS

TO OURSELVES

Constantly striving, innovating, and improving.

TO PARTNERS

Long-term cooperation, sharing the goal of mutual development.

TO SHAREHOLDERS

Maximizing values and advantages for shareholders.

TO SOCIETY

Comply with the law, participate actively in community events, and contribute to the improvement of society.

TO EMPLOYEES

Building a friendly, dynamic and professional working environment, ensuring the fair treatment and facilitating development for all employees.

TO CLIENTS

Understanding clients’ demands; Providing well-crafted solutions; Ensuring fast & accurate service delivery.

COMPANION - SHARING

Bao Long has been constantly improving to bring the best services to clients. Along with Vietnam’s economic development, Bao Long has been happy to accompany Vietnamese investors to expand insurance market to regional countries such as Laos, Cambodia, Myanmar…

Operation Network

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TOTAL SUBSIDIARIES

46 Companies
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TOTAL INSURANCE AGENTS NATIONWIDE

~1000 Insurance Agents
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TOTAL TRANSACTION POINTS

230 Transaction Points

ESTABLISHMENT AND DEVELOPMENT History

year bg 1995
On July 11, 1995, Bao Long Insurance Joint Stock Corporation(previously known as Nha Rong Insurance Joint Stock Company) was founded and began operations. Bao Long was the first insurance JSC operating in Vietnam's non-life insurance field.
year bg 2012
On May 14, 2012, the Ministry of Finance issued Amended License No.05/GPĐC16/KDBH to approve the re-branding of Nha Rong Insurance JSC into Bao Long Insurance Corporation.
year bg 2013
In 2013, Bao Long expanded the business network by establishing 6 more member units, increased total member units of Bao Long to 19 units.
year bg 2014
The year 2014 marks a watershed moment for Bao Long, as the shareholder structure undergoes significant changes. On April 14, 2014,The Ministry of Finance approved the establishment and operation license No. 71/ GP/KDBH approving Saigon Commercial Joint Stock Bank to become a strategic shareholder of Bao Long. Bao Long added two additional member units this year, bringing the total to 21.
year bg 2015
On December 11, 2015, over 40.3 million shares of Bao Long Insurance Corporation (CPs) were officially traded on UPCom, with stock code BLI.
In the same year, Bao Long celebrated 20th anniversary and enlarged charter capital to 404 billion VND, established 9 more member units to its total of 30. Bao Long also was honored to earn the award “Best Insurance Service in Vietnam 2015” voted by the UK’s Global Banking and Finance Review Awards.
year bg 2016
Bao Long continued to increase charter capital from 404 billion VND to 500 billion VND according to the amended license No.71/GPD9C9/KDBH issued by Ministry of Finance, established 11 more member units, and raised its total to 41.
In 2016, Bao Long was honored to be voted as TOP 10 Most Prestigious Insurance Company in Vietnam.
year bg 2017
On April 7, 2017, Bao Long officially enhanced its charter capital from VND 500 billion to VND 600 billion according to the Adjustment License No. 71/ GPDC18/KDBH issued by the Ministry of Finance. In the same year, Bao Long established 05 more branches, increased total branches to 46 and continued to receive award TOP 10 Most Prestigious Insurance Company.
year bg 2018
With the objective of CHANGE TO REACH NEW HEIGHTS, Bao Long achieved a remarkable revenue of 1,092 billion VND, exceeding the threshold of 1,000 billion VND, and recording Bao Long's new height in the Vietnam insurance market. This is an important advancement toward the goal of 2,000 billion VND company in 2022 according to the strategy approved by GMS.
year bg 2019
In 2019, Bao Long continued to strengthen the organizational structure, and segmenting for business operations into 2 regional business centers and 9 regions stretching from North to South.
year bg 2020
Bao Long marked the 25th anniversary by many outstanding activities such as the successful organization of the talk show "Creating a Peaceful and prosperous community", the implementation of the promotional program "Bao Long - For a peaceful and prosperous community", and the launch of the product package for international cancer treatment named Global Cancer Care under the program "Bao Long - Our atention on you", as well as numerous other community-oriented activities.

Bao Long has been honored to receive the Top 10 ASEAN Strong Brands and Vietnam Trust & Use Brand awards.
year bg 2021
In 2021, Bao Long has consolidated the executive team, launched several products and services under international quality, and focused on digital media coverage.
Bao Long has been honored to receive Top 10 Vietnamese Strong Brands and Top 10 ASEAN Strong Brands.
year bg 2022
Bao Long has constantly strengthened the executive team as well as seek and developed the sales team with many HR support programs. Besides, the training of human resources with an experienced, and professional knowledge team in consulting for clients has focused on enhancing.

Bao Long has been honored to receive Top 10 Vietnamese Strong Brands and Top 10 Good Quality Products Trusted by Vietnamese.

SHARES AND SHAREHOLDERS Information

CHARTER CAPITAL 2022

600 Billion VND

SHARES INFORMATION

On December 31, 2022:

  • Stock’s name:
    BAO LONG INSURANCE CORPORATION STOCKS

  • Charter capital:
    600,000,000,000 VND

  • Owner's equity:
    600,000,000,000 VND

  • Outstanding shares:
    59,999,474 shares

  • Treasury shares: 526

  • Par value share:
    10,000 VND/share

  • Number of listed shares:
    60,000,000 shares

SHAREHOLDERS STRUCTURE

Classified by domestic and foreign shareholders as of December 31, 2022

Item Domestic Foreign Total
Shares % Charter capital Shares % Charter capital Shares % Charter capital
Individual 5,581,263 9.3% 92,588 0.15% 5,673,851 9%
Institution 53,963,473 89.9% 362,150 0.60% 54,325,623 91%
Total 59,544,736 99,2% 454,738 0,76% 59,999,474 100%

Classified by major shareholders (form 5% or more) as of December 31, 2022

Shareholder name Share holding (shares) Ration (%)
Saigon Commercial Joint Stock Bank (SCB) 49,082,342 81.80%
Vietnam Export Import Commercial Joint Stock Bank (Eximbank) 3,903,651 6.51%
Other shareholders 7,013,481 11.69%
Total 59,999,474 100%
Cơ cấu cổ đông

SHAREHOLDERS STRUCTURE

as of December 31, 2022

  • Domestic shareholder
  • Foreign shareholder
Cơ cấu cổ đông

SHAREHOLDERS STRUCTURE

as of December 31, 2022

  • Individual shareholder
  • Individual shareholder
Cơ cấu cổ đông

SHAREHOLDERS STRUCTURE

as of December 31, 2022

  • Individual shareholder
  • Domestic Individual shareholder
  • Foreign Institutional shareholder
  • Foreign Individual shareholder
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2022 HIGHLIGHTS

2022 was also the year ending and summarizing the 5-year strategy from 2018 to 2022, as well as starting a new path for Bao Long's next 5-year plan.

03/2022 01

Bao Long cooperated with Kienlong Bank to organize a program called "Discussion to of credit insurance in 2022 for 8 areas of KienlongBank". This program's purpose was to help Kienlongbank's staff and collaborators better understand Bao Long's Health Insurance product for Borrowers (Credit Insurance), and improved skills, specialty, and quality of cross selling products and services, as well as contributed to business growth through Bancassurance Channel.

10/2022 06

According to the decision of the Ministry of Finance on October 6, 2022, Bao Long Insurance Corporation has been honored in the list of prestigious insurance organizations in the maritime field.

04/2022 11

Bao Long launched 02 new travel insurance products, namely Bao Long Vietnam Pass for visitors entering Vietnam and Bao Long Global Pass for Vietnamese to other countries, contributing to a perfect itinerary for travelers.

12/2022 18

Bao Long Insurance Corporation was honored to be in the Top 10 of the "Vietnam Brand Trusted and Used" Award organized by the Institute of Economics and Culture in cooperation with the Vietnam Consumer Protection Center.

03/2022 25

Bao Long organized training on new tourism products, sharing, listening, and answering product problems for sales employees.

11/2022 21

Bao Long organized a trip for the best leaders and best salespeople of the year in Japan.

04/2022 23

On April 23, 2022, Bao Long was named at the ASEAN 2022 Strong Brand Announcement Ceremony organized by the Asian Information Promotion Association (AIPA), the Scientific Research Association Central about Southeast Asia & Vietnam, and other organizations.

10/2022 12

On October 12, 2022, Bao Long was honored to be in the Top 10 "Impressive Growth Brands" at the Announcement Ceremony of Vietnam Strong Brands 2022 organized by Vietnam Economic Magazine - VnEconomy - Vietnam Economic Times.

09/2022 17

On September 17, 2022 - September 19, 2022, all Bao Long leaders nationwide attended the "Conference to summarize the fiscal year 2022 and orient the operation plan for the fiscal year 2023" in Quang Binh. On this occasion, the leaders and all staff at the Head Office had a tour of Quang Binh.

Shareholders And Partners

SHAREHOLDERS: Bao Long is honored to have shareholders being prestigious organizations in the fields of banking, finance, insurance and services in Vietnam.
PARTNERS: During the journey of trading insurance, Bao Long is honored to collaborate with major partners in many different fields such as: Banking; Traditional insurance distribution channels; Non-traditional insurance distribution channels, digitizing personal insurance products; Reinsurance.
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THE AWARDS

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Organizational Structure

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Risks And Risk Management

On November 16, 2022, the Ministry of Finance issued the contents of risk management. The occurrence of risks is increasingly diverse, so Bao Long has constantly made efforts to build and perfect solutions and tools to measure and reduce risks. Thereby, Bao Long and its member companies identify, classify and evaluate risks systematically, ensuring that risks are managed timely and effectively, ensuring a balance between risk management and risk management. risk and growth rate. The successful implementation of the Enterprise Risk Management framework has helped enterprises to create an effective tool while adding new value and preserving value for the enterprise.
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