Saigon Treasure Commercial Joint Stock Bank - Company Profile
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Saigon Treasure Commercial Joint Stock Bank (Sacombank) is engaged in a variety of banking operations. The bank’s main activities include funds mobilization, credit issuance, and providing bank accounts, cards, and e-banking services. Sacombank also offers products supporting cashless payments. The bank serves individual and corporate customers with various products and services including deposits, loans, card services, and remittance services, accounts, cards, digital banking, and insurance services. The bank maintains a network of correspondent relationships with agents across numerous banks worldwide. It operates transaction points in several provinces and cities in Vietnam, as well as in Laos and Cambodia. Sacombank is headquartered in Ho Chi Minh City, Vietnam.
Saigon Treasure Commercial Joint Stock Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Foreign Exchange | Sacombank |
| Savings | Transfer Services | |
| Current | Internet Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the bank signed a comprehensive cooperation agreement with LPBank Securities to enhance integrated banking, investment, and wealth management services. |
| 2026 | New Products/Services | In June, the bank launched Visa Accept on its SACOMBANK PAY app, enabling merchants to accept Visa payments via smartphone. |
| 2026 | Corporate Changes/Expansions | In June, the bank unveiled a revised trade name and corporate seal, signaling restructuring efforts and reinforcing its commitment to sustainable growth. |
Competitor Comparison
| Key Parameters | Saigon Treasure Commercial Joint Stock Bank | Joint Stock Commercial Bank for Investment and Development of Vietnam | Vietnam Joint Stock Commercial Bank for Industry and Trade | Vietnam Prosperity Joint-Stock Commercial Bank | Vietnam Technological and Commercial Joint Stock Bank |
|---|---|---|---|---|---|
| Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
| City | Ho Chi Minh City | Hanoi | Hanoi | Hanoi | Hanoi |
| State/Province | Ho Chi Minh City | - | - | Ha Noi | Ha Noi |
| No. of Employees | 14,080 | 29,048 | 24,513 | 29,046 | 11,848 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Duong Cong Minh | Chairman | Executive Board | 2017 | - |
| Pham Van Phong | Vice Chairman | Executive Board | - | - |
| Ha Van Trung | Permanent Deputy Chief Executive Officer | Senior Management | 2025 | - |
| Faussier Loic Michel Marc | Acting Chief Executive Officer | Senior Management | 2026 | 54 |
| Nguyen Minh Tam | Deputy Chief Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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