Introduction

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) (STB) is a Vietnam-based commercial bank. It was establish in 1991 by a merging of four credit organizations in HCMC. Its initial charter capital was 3 billion VND. In 2002, Sacombank’s charter capital increased when the International Financial Corporation (IFC) – an arm of the World Bank invested 10% and became the second major foreign shareholder, after Dragon Financial Holdings (UK). On August 8, 2005, ANZ bank signed an official contract, investing 10% charter capital and became the third major shareholder of Sacombank. By 2007, its charter capital was 4448.814 billion VND. Engaged in corporate and personal banking, Sacombank offers basic and value-added services to its clientele, such as deposits, loans, card issues, treasury and clearing, trade financing, and investment.

Business sector

  • Mobilizing short-term, medium-term and long-term capital in forms of demand and term deposits and certificates of deposits;
  • Receiving investment and development capital from domestic organizations, borrowing from other credit organizations;
  • Providing short-term, medium-term and long-term loans;
  • Deducting bonds and valuable papers;
  • Raising funds to set up joint venture companies;
  • Providing payment services;
  • Providing foreign exchange and payment services, trading jewelries;
  • Mobilizing capital from foreign organizations and other services.

History

Date of incorporation 21/12/1991
Certificate of registration number 0301103908
Date of issue 09/02/2021
Capital 18,852,157,160,000
Tax Code 0301103908
Sectors & Industries Banks > Banks

  •  Founded in 1991 based on the best four credit institutions in Vietnam with the main task is to mobilize capital for credit and make banking services.
  •  In 2002, the charter capital of factoring to rise when the International Finance Corporation (IFC) under the World Bank (World Bank) invests 10% of charter capital and becomes the second largest foreign factoring the investment fund Dragon Financial Holdings (UK).
  •   On August 8, 2005, ANZ officially signed a contract with the equity contribution rate to 10% of charter capital and factoring becomes foreign 3 of factoring.
  • In April 2013, Sai Gon Thuong Tin Commercial Joint Stock Bank increased its charter capital to VND12,425,421,650,000.

Listing information

Date of listing 09/02/2021
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 78,000
Listing Volume 1,885,215,716
Total Listing Value 18,852,157,160,000

Management team

Dương Công Minh Chairman of the Board of Directors
Phạm Văn Phong Vice-chairman of the Board
Nguyễn Đức Thạch Diễm Vice-chairman of the Board
Nguyễn Xuân Vũ Members of the Board
Vương Công Đức Members of the Board
Phan Đình Tuệ Members of the Board
Phạm Thị Thu Hằng Members of the Board
Trần Minh Triết Board of internal controllers
Lâm Văn Kiệt Member of the Board of Internal controllers
Nguyễn Văn Thành Member of the Board of Internal controllers
Hà Quỳnh Anh Member of the Board of Internal controllers
Nguyễn Đức Thạch Diễm Chief of Executive Officer
Nguyễn Minh Tâm Deputy CEO
Đào Nguyên Vũ Deputy CEO
Quách Thanh Ngọc Thủy Deputy CEO
Lê Đức Thịnh Deputy CEO
Hoàng Thanh Hải Deputy CEO
Hồ Doãn Cường Deputy CEO
Nguyễn Bá Trị Deputy CEO
Hà Văn Trung Deputy CEO
Nguyễn Thị Kim Oanh Deputy CEO
Nguyễn Ngọc Hải Đăng CEO
Huỳnh Thanh Giang Chief Accountant
Hà Văn Trung Representative Spokesman