Tags: sacombank

Promos on offer for Women's Day

Promos on offer for Women's Day

Stores in Ho Chi Minh City have introduced a wide range of products for International Women’s Day (March 8) and are offering promotions to attract buyers.

Vietnam, Cambodia’s central banks look to foster partnership

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.

Banks achieve half year’s profit target

Banks achieve half year’s profit target

VOV.VN - Twelve out of the 25 commercial banks that have announced half-year financial reports achieved more than 50 per cent of the annual profit target within the first half of this year.

Banks face anger over lack of dividend payment

Banks face anger over lack of dividend payment

Despite earning decent profits, some commercial banks have opted not to pay any dividends, prompting frustration among shareholders at recent annual general meetings, reported Thanh Nien newspaper.

Sacombank Laos celebrates 10th anniversary

Sacombank Laos celebrates 10th anniversary

The Lao branch of Ho Chi Minh City-based Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank Laos) celebrated its 10th founding anniversary during a ceremony in Vientiane on December 12.

Vietnamese overseas investment exceeds US$187 million

Vietnamese overseas investment exceeds US$187 million

Vietnamese enterprises invested nearly US$184.7 million in overseas projects in the first five months of 2018, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.

Sacombank vows to finish settling bad debts in five years

Sacombank vows to finish settling bad debts in five years

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has pledged to finish settling all of the VND100 trillion (US$4.38 billion) of its bad debts in five years, instead of 10 years as stated in the restructuring plan approved by the State Bank of Vietnam.

Construction bank case: defendants ask for clemency

Construction bank case: defendants ask for clemency

Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB, present name CB), said before court that all the money involved in the case of “deliberately violating State regulations on economic management causing severe consequences” in VNCB was used to serve the bank’s operation.

Sacombank prioritises restructuring, bad debt handling

Sacombank prioritises restructuring, bad debt handling

Speeding up restructuring and settling bad debts to improve the bank’s health are two major goals of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) in 2018, said Chairman Duong Cong Minh.

30-year imprisonment sentence proposed for Pham Cong Danh

30-year imprisonment sentence proposed for Pham Cong Danh

The People’s Procuracy of Ho Chi Minh City proposed a 30-year imprisonment sentence to ex-Chairman of the Vietnam Construction Bank (VNCB) Board of Directors Pham Cong Danh during a second-phase trial in Ho Chi Minh City on January 22.