Saigon Thuong Tin Commercial Joint Stock Bank (STB : HOSE) Financials : Banks

69.70 +1.20/+1.75% 3:09:23 PM

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.

Saigon Thuong Tin Commercial Joint Stock Bank 278 Nam Ky Khoi Nghia, District 3, HCM City Phone: +84 (28) 393-20420 Fax: +84 (28) 393-20424 E-mail: info@sacombank.com

Employees 16,816 Branches 109 Web Address www.sacombank.com.vn