Sacombank implements business activities and provides interest rate derivative products

28/02/2022

Sacombank has just marked its 30-year journey with outstanding results, continuing to affirm its position as one of the leading joint stock commercial banks in Vietnam by growing its customer base to 10 million, developing a modern, universal, multi-utility product and service system with high technology, recruit a team of professional and qualified personnel, maintain a large network of transaction points to 566 in Vietnam and two countries Laos and Cambodia.

This tool will assist customers in hedging against adverse fluctuations in interest rates and exchange rates for lending activities, especially medium and long-term loans. Besides, interest rate swap is also a solution to help customers reduce capital mobilization costs when converting from high interest rate currency to lower interest rate currency. In addition, customers can also use interest rate derivatives to protect their portfolio's profits against adverse market fluctuations.

Sacombank has just marked its 30-year journey with outstanding results, continuing to affirm its position as one of the leading joint stock commercial banks in Vietnam by growing its customer base to 10 million, developing a modern, universal, multi-utility product and service system with high technology, recruit a team of professional and qualified personnel, maintain a large network of transaction points to 566 in Vietnam and two countries Laos and Cambodia.