Joint merger bank named ‘Saigon Commercial Bank
December 16, 2011 | 16:18
Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution at a shareholders meeting held on December 15 to name their joint merger bank as ‘Saigon Commercial Bank’ with a capital of VND10.5 trillion ($507.8 million), equaling 1,058 shares, and total assets worth VND153.62 trillion.
Banks merge as State Bank takes bold action
December 12, 2011 | 11:01
The restructuring of Vietnam’s banking system is hotting up with three private domestic banks about to merge.
Acting for the greater good of banking
December 07, 2011 | 17:55
State Bank governor Nguyen Van Binh has just aired a plan to merge three Ho Chi Minh City-based banks Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank (SCB) on a voluntary basis. National Assembly’s Economic Committee deputy chairman Nguyen Duc Kien shares his views with VIR.
Banks in firing line
December 07, 2011 | 15:13
The first salvos of the banking sector restructuring plan have just been fired.
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