Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) promotes the special “Golden term - Golden opportunity” program nationwide from 12 March 2009 to 09 June 2009. The program applies for individual customers who have savings with durations of 6, 9 and 12 months onwards, and withdraw the interest only upon on maturity. Total value of the program is more than VND 2 billion. Accordingly, the customers will achieve bonus interest ranging from 0.06% per annum to 0.36% per annum on top of current interest. With each term of the following: VND 50 million savings (6 months) or VND 30 million savings (9 months), or VND 10 million savings (from 12 months) will receive a lucky draw number

Kim Eng Vietnam Securities has rated Saigon Thuong Tin Commercial Joint Stock Bank (STB), or Sacombank, one of its top picks for a buy. Sacombank announced a net profit of VND255 billion (US$14.6 million) for the fourth quarter of last year, a 45.6 percent increase from the previous quarter. The HCMC-based bank, partly owned by ANZ and the only lender listed on the Ho Chi Minh Stock Exchange, made a fat profit from gold and foreign currency trading in 2008. Forex and the yellow metal contributed a tidy VND252 billion to the bottom line, up 159 percent on the previous year.

Ending the last session of this week, the Ho Chi Minh Stock Exchange (STC)'s index today Friday March 6 slipped slightly together with the downturn of the global stock market.

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has stepped deeper into the gold business field as opening a high-class jewellery shop.

Page 16 in 77 pages |
Updated at 08:13, 27/12/2014
Foreign Currency Cash Bid Rate Offer Rate
USD 21,350 21,370 21,405
AUD 17,212 17,243 17,489
CAD 18,264 18,338 18,467
CHF 21,410 21,531 21,790
Currency: VND
View chart of exchange rates
Updated at 08:13, 27/12/2014
Gold Buying Selling
XBJ 3,510,000 3,520,000
XAU 3,510,000 3,520,000
Currency: VND
View chart of gold price