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Saigon Commercial Bank tries to stem deposit run with highest 12-month rate

The Saigon Joint Stock Commercial Bank (SCB) has increased its interest rate for 12-month term deposits by 1 percentage point to 8.55%, the highest in Vietnam’s banking system. - VnExpress International

State Bank of Vietnam collaborates with authorities to protect investors

Investors and customers of SCB have been assured that their rights and interests will not be affected by the decision to prosecute Van Thinh Phat Group for fraudulent appropriation of property related to the issuance and sale of bonds.

Upheavals in banking sector: many managers are replaced

Upheavals in banking sector: many managers are replaced Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  12/03/2021    09:00 GMT+7 During this year’s shareholders’ meeting season, big changes in shareholders’ structure have been made and many bank managers have been replaced. VietBank (VBB) has officially appointed Le Huy Dung to the post of VietBank’s CEO. He took the office on March 8. On the same day, Nguyen Tien Sy was appointed to the post of deputy CEO. Prior to that, on February 23, VietBank unexpectedly announced that Duong Ngoc Hoa had resigned from the post of president and Bui Xuan Khu, who was deputy minister of industry and trade, took the post.

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