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Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) and Sacombank Securities Joint Stock Co (coded SBS) have officially signed an agreement with Duc Long Gia Lai Group Joint Stock Co (coded DLG) to set up strategic partnership relations.
Commercial banks have committed to continue adjusting their interest rates next month to ensure that the lending interest rate will stand at 12 per cent per annum and deposit rates at 10 per cent.
Hochiminh City, 16th April, 2010: Sacombank is the first bank launching the Platinum Visa Card. Any customer who earns more than VND 60 million per month can apply for this luxury card that provide a high level of service. The cardholders are granted a credit limit ranging between VND 200 million to VND 1 billion . Furthermore, the cardholder will shall automatically be insured against personal accident with claims of up to USD 500,000.
Hochiminh City, 8th April, 2010:  Sacombank’s pre-tax profit has achieved VND 510 billion at the end of 1Q/2010, gaining 46% yoy 2009.
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