SCB

Non-performing loans pose challenge to banking sector

March 27, 2025 | 15:24

Managing non-performing loans (NPLs) remains a major concern for banks in 2025.

Van Thinh Phat chief accused of illegally transferring billions

July 15, 2024 | 19:12

Van Thinh Phat Group chairwoman, Truong My Lan, has been accused of illegally transferring over $4.5 billion abroad.

Vietnam finalises valuation of three banks for mandatory acquisition

May 21, 2024 | 19:35

The government has finished the valuation of three banks for mandatory acquisition.

SBV outlines restructuring plans for troubled SCB

April 19, 2024 | 18:27

SBV Deputy Governor Dao Minh Tu revealed the government’s strategy for aiding the beleaguered SCB at a press briefing on April 19.

SCB, Van Thinh Phat execs convicted of embezzlement; Truong My Lan sentenced to death

April 12, 2024 | 09:59

Truong My Lan received a death sentence and was ordered to pay nearly $26.97 billion in compensation.

Home Credit to sell Vietnam wing to SCB

February 29, 2024 | 09:54

Home Credit Group announced on February 28 that it has signed a conditional agreement to sell Home Credit Vietnam to Siam Commercial Bank Public Co., Ltd.

Thailand's SCB poised to acquire Home Credit Vietnam

February 27, 2024 | 16:40

SCB X Pcl, the largest bank in Thailand based on market value, is nearing an agreement to acquire Home Credit's Vietnamese operations.

Agribank board member becomes new chairman of SCB

September 25, 2023 | 10:22

Phan Dinh Dien has been appointed to the role.

SBV proposes restructuring of SCB

September 19, 2023 | 11:13

Saigon Commercial Bank (SCB) is set to undergo a restructuring process, pending the government's assessment and subsequent decision.

Vietnamese government urges SBV to address SCB concerns

September 13, 2023 | 12:10

The restructuring process of Saigon Commercial Bank (SCB) has been brought to the forefront of discussions with a number of closures.

SCB announces branch closures amidst restructuring

July 03, 2023 | 18:13

SCB is closing several branches as part of its restructuring efforts, reassuring customers that their rights and transactions are guaranteed.

Manulife Vietnam repays over $34 million in light of accusations

June 05, 2023 | 15:56

Manulife Vietnam has received thousands of complaints regarding allegations against it and SCB of insurance contract deception.

SCB appoints new chairman and board members

October 19, 2022 | 11:19

The new member of SCB's Board of Directors come from four state-owned banks, as SCB is now under special supervision.

Banking sector to maintain the lifeblood of the economy

February 22, 2022 | 13:16

Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.

SCB successfully holds Annual General Meeting of Shareholders 2020

December 15, 2021 | 17:53

Saigon Joint Stock Commercial Bank (SCB) successfully held the Annual General Meeting of Shareholders in fiscal year 2020.

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