Sacombank (Cambodia) Plc.
Colorful street banners are hung along the Russian Boulevard to celebrate the grand opening of Pochentong Branch - 7th business location of the bank in Cambodia, bringing its broad range of banking products & services to the community at the western part of Phnom Penh.
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) honorably received The strongest brands of Vietnam Award 2012 at the 9th prize-granting ceremony held by Vietnam Economics Times and the Trade Promotion Agency under the Ministry of Industry and Trade on March 16th 2013 in Ha Noi.
On the occasion of the 20th anniversary of Sacombank’s presence in the Northern area, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) implements promotional program at all of Sacombank transaction points in the North (Ha Noi, Lang Son, Quang Ninh, Bac Ninh, Hai Duong, Hung Yen, Hai Phong, Thanh Hoa, Thai Nguyen, Phu Tho, Ha Nam) from now until the end of 30th April, 2013.
Ha Noi, February 26th, 2013: Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) cooperates with Department of Foreign Affairs, Department of Trade and Industry, Department of Investment and Planning and the Association of Hanoi women’s entrepreneurs to organize a seminar “Access to subsidy from international and Vietnam organizations - Opportunities for Vietnam businesses in 2013” with participation of the heads of Departments, State Administration agencies, representatives of international organizations, business associations and entrepreneurs as well as other Vietnam businesses.
HoChiMinh City, 29 Jan 2013: Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) and Vietnam Export Import Joint-Stock Commercial Bank (Eximbank) signed a cooperation agreement in order to enhance competitive capacity for both sides. This agreement is valid for five years and the two sides will support each other in finding the most effective business opportunities. Accordingly, Sacombank and Eximbank will cooperate in the following areas: co-financing loans, issuing terms in the inter-bank operations, currency trading, human resources, training, restructuring, technical assistance and strategic merger.
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has coorperated with Visa to debut Visa Infinite, the highest-grade credit card of Visa. It is the most sophisticated of the three premium credit cards of Visa, namely Platinum, Signature and Infinite. Unlike other cards, Visa Infinite has unlimited credit and the bank will grant cardholders a credit line of at least VND1 billion.
Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) said it would deploy a preferential credit package worth VND1 trillion for customers to purchase, build or repair real estate.
Ho Chi Minh City, 11. January 2013: Sacombank clinched a deal to give VND50 billion worth of soft loans to 16 small and medium-sized enterprises (SMEs) and households in the outlying district of Can Gio.
Ho Chi Minh City, 10 December 2012: Sacombank officially became the first commercial bank in Vietnam to adopt the international standard Environmental and Social Management System (ESMS) with the support and consultation of Price Waterhouse Coopers (PwC) Netherlands to strengthen the management of socio-environmental impact in credit lending to customers.
November 27, 2012, Ho Chi Minh City: In response to HCM City’s People Committee’s initiative of providing the funds to support the price stabilization program during the Lunar New Year 2013, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) announces a 1000 billion VND subsidized loan package for small businesses, sole proprietors and shop owners at 24 major districts of Ho Chi Minh City from now until 31/01/2013 or until the fund runs out (depending on whichever comes first). The interest rate applied to these loans in the first three months is 10% per annum and maximum term of 6 months for small businesses while sole proprietors and shop owners can apply for max term up to 1 year.