Home Credit to sell Vietnam wing to SCB​

Home Credit to sell Vietnam wing to SCB​

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

Thailand's SCB poised to acquire Home Credit Vietnam

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

Agribank board member becomes new chairman of SCB

Phan Dinh Dien has been appointed to the role.
SBV proposes restructuring of SCB

SBV proposes restructuring of SCB

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

Vietnamese government urges SBV to address SCB concerns

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

SCB announces branch closures amidst restructuring

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

Manulife Vietnam repays over $34 million in light of accusations

Manulife Vietnam has received thousands of complaints regarding allegations against it and SCB of insurance contract deception.
SCB appoints new chairman and board members

SCB appoints new chairman and board members

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

Banking sector to maintain the lifeblood of the economy

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

SCB successfully holds Annual General Meeting of Shareholders 2020

Saigon Joint Stock Commercial Bank (SCB) successfully held the Annual General Meeting of Shareholders in fiscal year 2020.
Bank relief to keep SMEs above water

Bank relief to keep SMEs above water

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.
SCB scoops up three international awards

SCB scoops up three international awards

SCB received three awards from prestigious international financial magazines.
SCB receives 2020 STP Award from Bank of New York Mellon

SCB receives 2020 STP Award from Bank of New York Mellon

SCB was honoured by The Bank of New York Mellon with the prestigious Straight-through Processing (STP) Award for the third consecutive year.
Manulife Vietnam celebrates bancassurance milestone with Saigon Commercial Bank

Manulife Vietnam celebrates bancassurance milestone with Saigon Commercial Bank

Manulife Vietnam and SCB have marked the sixth anniversary of their bancassurance partnership to address financial and insurance needs.
Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly.
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