July 30, 2021 | 15:27
Sacombank could gain around VND150-170 billion ($6.5-7.4 million) if the divestment from Sacombank Securities JSC is successful.
July 21, 2021 | 17:26
Visa has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly.
June 10, 2021 | 15:52
Visa teamed up with Sacombank to provide SMEs in Vietnam with Business Reporting, an enhanced spend management tool designed to manage business expenses.
March 30, 2021 | 10:45
Although the State Bank of Vietnam has set stringent limits on credit growth at commercial lenders in a bid to control risky lending activities, commercial lenders are now looking forward to a potential future easing of the credit growth limit.
March 17, 2021 | 15:30
KDI Holdings signed a strategic cooperation agreement with Sacombank and two world-leading hotel management and operation groups for Vega City Nha Trang.
February 09, 2021 | 16:54
AI, big data, and cloud computing are revolutionising industries and banking is no different. Banks in developing economies stand to benefit the most.
September 30, 2020 | 09:00
Public health challenges have thrown Vietnam’s banking system into gyrations, pushing lenders to become more risk averse and brace for a wave of defaults, amidst efforts to cut interest rates from the central bank to offset the economy.
July 27, 2020 | 08:00
Some organisations have rushed to sell shares of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to retrieve bad debts, but it was not easy to find buyers agreeing with the offered price.
April 12, 2020 | 19:23
Many banks in Ho Chi Minh City are selling their mortgaged assets, mainly properties worth trillions of Vietnamese dong, to speed up the resolution of bad debts.
March 02, 2020 | 11:18
March rebalancings of investment portfolios may impede shares of FLC Faros, Novaland, PetroVietnam Power, and Phat Dat Real Estate.
November 15, 2019 | 15:22
Vietnamese banks are following their corporate clients by expanding abroad. However, lenders could also confront a combination of hurdles when going abroad, including understanding cultural differences, local regulations, and meeting strict requirements.
September 23, 2019 | 17:00
Around 600,000 point of sales (POS) devices will be deployed in Vietnam by South Korean financial firm Alliex.
July 31, 2019 | 10:34
Some banks have recovered trillions of Vietnamese dong in bad debt by selling off assets secured with non-performing loans in the first half of 2019.
June 03, 2019 | 11:46
Replacing magnetic strip cards with chip cards is expected to resolve the long-going security issues affecting bank cards.
May 04, 2019 | 16:45
Sacombank has managed to partially resolve its bad debts through the liquidation of its real estate project in the southern city of Can Tho.