BIC is among Vietnam Best Growth Companies in the period 2009-2014

02:50 CH @ Thứ Sáu - 27 Tháng Ba, 2015
In FAST500 list announced in 2015, BIC increased 218 ranks incredibly compared to last year, achieved rank 34 in the list of 500 fastest growing companies in Vietnam in 2015. In insurance area, BIC topped the list (followed by PVI, PTI, Bao Viet standing at rank 338, 408, and 414 respectively).

Moreover, BIC’s outstanding achievement in the period 2009-2014 helps BIC be honored in Top 50 Vietnam Best Growth Companies in 2009-2014 which is announced for the first time in 2015. In this period, total premium revenue of BIC increased by 22% on average annually, profit before tax grew by 23% on average per year, total assets went up by about 10% annually, ROE stayed at range from 11-15% per year, and ROA increased by 35% per year on average.

FAST500 list was created by Vietnam Report and VietnamNet on the objective, independent, and measurable principles and in accordance with current international standards. Companies’ ranks are organized in compliance with compounded annual growth rate regarding revenue, and the following years’ potential and actual growth. Furthermore, indicators such as total assets, total employees, profit after tax, profitability ratio including ROA, ROE, the company’s reputation in media…are served as additional criteria to assess the company’s scope and position.