Sacombank’s total assets reach nearly 326tr dong

24-Dec-2016 Intellasia | Tri Thuc Tre | 6:00 AM Print This Post

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) said that so far, after 25 years of establishment (December 21, 1991 – December 21, 2016), the bank has achieved many significant accomplishments.

From the charter capital of just three billion dong, the total assets of 100 billion dong and 100 employees at its inception, the bank now has become one of the five largest banks in Vietnam in terms of capital scale, network and human resources.

Specifically, as of November 30, 2016, Sacombank’s total assets reached 325.841 trillion dong; the equity was 22.237 trillion dong, of which the charter capital was 18.852 trillion dong (compared to the end of Q3, the total assets increased by more than eight trillion dong and the equity rose by 1.136 trillion dong); the number of personnel were nearly 16,000 employees (more than 17,000 people if including subsidiaries); the operational network included 564 outlets in 48/63 provinces of Vietnam and the two countries of Laos and Cambodia.


Category: Finance, Vietnam

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