22-12-2021 18:22
Fitch Ratings has asserted the outlook on Standard Chartered Bank Vietnam Ltd. (SCB) as positive with SCB’s long-term foreign and local currency issuer default ratings at BB and BBB- respectively
15-12-2021 17:53
Saigon Joint Stock Commercial Bank (SCB) successfully held the Annual General Meeting of Shareholders in fiscal year 2020. The meeting approved by majority the report of operating activities in 2020, operational orientation, and scheme in 2021, as well as other contents related to the bank's administration and governance.
06-12-2021 14:56
Small- and medium-sized enterprises, which form the brunt of the domestic private sector, play a vital role in the Vietnamese economy. However, the segment has been hit hard by the COVID-19 pandemic, prompting banks to roll out various support initiatives.
21-11-2021 05:46
Ho Chi Minh City-based commercial lender Saigon Joint Stock Commercial Bank (SCB) received three awards from prestigious international financial magazines, namely Best Banking Technology Vietnam 2021 from The European Magazine, Best CSR Bank Vietnam 2021 from International Business Magazine, and Best Commercial Bank Vietnam 2021 from World Finance Magazine.
11-11-2021 21:45
The banking and financial landscape has been improving dramatically since the Fourth Industrial Revolution, especially since banks have been striving to close gaps in the digitisation of internal processes and customer offerings to remain competitive amid the COVID-19 pandemic.
31-10-2021 10:03
Saigon Joint Stock Commercial Bank (SCB) was honoured by The Bank of New York Mellon (BNY Mellon) with the prestigious Straight-through Processing (STP) Award for the third consecutive year.
01-10-2021 16:54
Canadian life insurer Manulife Vietnam and Ho Chi Minh City-based commercial lender SCB have marked the sixth anniversary of their bancassurance partnership by reaffirming a shared commitment to help address the growing financial and insurance needs of Vietnamese people.
21-07-2021 17:26
Visa, the world’s leader in digital payments, has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly. Powered by Visa Direct, cardholders will receive the funds directly to their accounts in near real-time.
08-02-2021 10:16
The Saigon Commercial Joint Stock Bank (SCB) has recently entered into a strategic cooperation deal with Kiraboshi Business Consulting Vietnam, the representative of Kiraboshi Bank of Japan.
08-01-2021 10:18
China's foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, a survey by Siam Commercial Bank (SCB) shows.
14-12-2020 08:00
SCB last week successfully held its extraordinary general meeting of shareholders for 2020.
05-11-2020 18:55
Nirukt Sapru, CEO Vietnam and ASEAN and South Asia Cluster Markets, Standard Chartered Bank looks into the growth prospects of the Vietnamese economy in 2021 and how Vietnam can sustain high economic growth in the coming years.
14-10-2020 10:37
Vietnamese businesses could increase exports to India by $633 million annually, the Standard Chartered Trade Opportunity Report has revealed. The study also found that Indian exporters could boost trade with Vietnam by an estimated $475 million, bringing the bilateral trade opportunity to $1.1 billion.
13-10-2020 16:21
Saigon Joint Stock Commercial Bank (SCB) has announced the decision on appointing Chen Yi-Chung (Jeremy Chen) as acting CEO. This appointment is amid the drastic implementation of the transformation and sustainable development strategy for 2020-2030 at SCB with strategic consultations from McKinsey & Company.
20-03-2019 10:46
Banks have to mobilise long-term capital at high costs by issuing certificates of deposit (CD) in Vietnamese dong with high interest rates to lure depositors, causing concerns about a domino effect on lending rates.