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Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB (Vietnamese: Ngân hàng Thương mại cổ phần Sài Gòn), [3] is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City. [4][5][6] It was founded by the fusion of 3 small banks and was controlled by ...
Vietnam Bank for Social Policies VBSP 23,960.1 169 Dinh Duong, Hoang Mai Dist., Hanoi Capital ... Saigon Thuong Tin Commercial Bank JSC: Sacombank 18,852 266-268 Nam ...
Sacombank was established on December 21st, 1991. [5] In 1996, Sacombank issued its first shares. [6] [7] In 2002, Sacombank established its first subsidiary - Sacombank-SBA Debt Management and Asset Exploitation Company. [8] [9] [10] In December 2007, Sacombank opened a branch in Laos. [11] [12] By June 2009, it had opened a branch in Phnom ...
In 2018, OCB was recognized by the State Bank of Vietnam for successfully completing the implementation of Basel II. Basel II is an international set of standards for bank risk management. [20] [21] In January 2020, Aozora Bank of Japan purchased a 15% stake in OCB. [22] In 2021, OCB was officially listed on the Ho Chi Minh City Stock Exchange ...
Hengyang City Commercial Bank. Hohhot City Commercial Bank. Huai’an City Commercial Bank. Huzhou City Commercial Bank. Ji’nan City Commercial Bank. Jiaozuo City Commercial Bank. Jiaxing City Commercial Bank. Jilin City Commercial Bank - merged in 2007 to Bank of Jilin. Jinhua City Commercial Bank.
Vietcombank's headquarters are located in Hanoi, Vietnam. As of 31 December 2020 [1] the bank had 116 branches and 474 transaction offices in Vietnam, 3 local subsidiaries, 3 overseas subsidiaries, 3 joint ventures, and an overseas representative office in Singapore. As of December 31, 2020, Vietcombank's market capitalization was $15.5 billion.
Since 1992 Vietnam's banking system has consisted of a combination of state-owned, joint-stock, joint-venture, and foreign banks, but the state-owned commercial banks predominate, and they suffer from high levels of NPL, most of them to state-owned enterprises. Consequently, in September 2005 Vietnam decided to equitize all five state-owned ...
Techcombank (TCB) was founded in 1993 [4] by Vietnamese businessmen who returned from Russia. Its domestic investors include Vietnam Airlines [5] and Masan Group. [6] In 2005, global bank HSBC acquired a 10% stake in Techcombank. [7][8] In 2008, HSBC increased its stake in the bank to 20% by making a follow-on investment of $77.1 million. [9 ...