Sacombank Group to debut

Wednesday, April 23, 2008
Under the plan passed by the Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)'s shareholders' meeting recently, Sacombank Group would make its debut in next month in HCM City with member companies including securities company, real estate arm, financial leasing firm and card joint venture company.
Sacombank Insurance Co will be established by next year.
Up to March 31, Sacombank reached 75.2 trillion dong in total asset, 65.348 trillion dong in total deposits, 41.666 trillion dong in outstanding loans and its ownership capital was 6.314 trillion dong.