Sacombank targets 10% growth in 2024 pre-tax profit
Private Vietnamese lender Sacombank has set a target of earning VND10.6 trillion ($424.6 million) in pre-tax profit for 2024, a year-on-year increase of 10%.
Companies - Mon, April 8, 2024 | 2:03 pm
Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban
Vietnam’s Ministry of Public Security has rejected rumors that chairman of Ho Chi Minh City-based Sacombank Duong Cong Minh has been banned from leaving the country which led to the dumping of the bank’s shares on Tuesday.
Companies - Tue, April 2, 2024 | 6:17 pm
Sacombank refutes Bamboo Airways ex-CEO’s claim on chairman’s involvement in Van Thinh Phat scandal
Sacombank, a mid-sized lender in Vietnam, has rejected claims by former CEO of Bamboo Airways alleging that its chairman has been involved in the notorious Van Thinh Phat scandal and banned from leaving the country.
Banking - Tue, April 2, 2024 | 12:29 pm
Former Sacombank deputy CEO named Bamboo Airways chairman
Vietnamese private carrier Bamboo Airways on Monday appointed Phan Dinh Tue, former Sacombank deputy CEO, as its chairman for the 2023-2025 term, replacing Le Thai Sam.
Companies - Mon, February 5, 2024 | 10:47 pm
Vietnam bank deposits hit record high of $522 bln at end-September amid lowering rates
Client deposits at credit institutions in Vietnam reached a record high of VND12,680 trillion (circa $522 billion) as of end-September, rising 7.28% from end-2022, data from the central bank showed.
Banking - Tue, November 28, 2023 | 11:07 am
Former Sacombank CEO appointed HDBank deputy general director
Former deputy CEO of Saigon-Hanoi Bank (SHB) and former CEO of Sacombank Tran Xuan Huy was appointed deputy general director of HDBank starting Monday.
Banking - Thu, October 19, 2023 | 11:37 am
Sacombank keen to acquire stake in Bamboo Airways
Ho Chi Minh Stock Exchange-listed Sacombank is taking procedures to acquire a stake in Bamboo Airways, one of its debtors, as the airline is seeking strategic investors.
Banking & Finance - Sat, September 16, 2023 | 11:36 am
Agri major HAGL mortgages 30 mln shares for $21 mln Sacombank loan
Agricultural giant Hoang Anh Gia Lai approved Thursday two measures to supplement the working capital of one of its subsidiaries with a 12-month VND500 billion ($21 million) loan.
Companies - Sun, August 13, 2023 | 2:24 pm
Six lenders join Apple Pay launch in Vietnam
Six Vietnamese banks have joined the Vietnam list of lenders supporting Apple Pay of Apple as the American tech giant launched the payment service in the country on Tuesday.
Finance - Wed, August 9, 2023 | 4:56 pm
Sacombank violates rules in granting loans to 16 clients: inspectors
Vietnamese private lender Sacombank commited violations in granting loans worth VND15.22 trillion ($642.38 million) to 16 customers as of August 31, 2018, government inspectors say.
Banking - Tue, July 18, 2023 | 10:10 am
Sacombank, Techcombank violate credit supply rules: gov’t inspectors
Several Vietnamese private banks such as Sacombank, Techcombank, VietABank, National Citizen Bank (NCB) and Bac A Bank violated credit supply regulations in the 2013-2017 period, according to the Government Inspectorate.
Banking - Tue, July 11, 2023 | 4:14 pm
Former Sacombank leader nominated for Bamboo Airways board
Phan Dinh Tue, who resigned as deputy general director of Sacombank on Thusday, has been nominated by a group of shareholders holding an over 55% stake in Vietnamese private carrier Bamboo Airways to the airline's board of directors.
Companies - Sat, June 17, 2023 | 11:05 am
Businessman fined for slandering Sacombank chairman
Chairman of ATB Investment & Partners Private Investment Fund Dang Tat Thang has been fined for posting a "slanderous" message about Sacombank chairman Duong Cong Minh on his Facebook page, named "Thang Dang".
Society - Thu, June 15, 2023 | 11:51 am
Former Sacombank vice chairman back to business after 7 years in jail
Former vice board chairman of Sacombank Tram Be has been appointed a board member of Trieu An Hospital Corporation for the term 2022-2027 after seven years in prison.
Companies - Sat, June 3, 2023 | 10:19 am
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