Saigon Treasure Commercial Joint Stock Bank - Company Profile

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Saigon Treasure Commercial Joint Stock Bank: Overview

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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.

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Headquarters Vietnam

Address 266-268 Nam Ky Khoi Nghia Street, Xuan Hoa Ward, Ho Chi Minh City


Telephone 84 8 39320420

No of Employees 14,080

Industry Financial Services

Ticker Symbol & Exchange STB (HCM)

Revenue (2024) $2.6B 15.5% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ -41.1% (2024 vs 2023)

Market Cap* $5.1B

Net Profit Margin (2024) XYZ -49.0% (2024 vs 2023)

* As of and is in US$
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Saigon Treasure Commercial Joint Stock Bank premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Saigon Treasure Commercial Joint Stock Bank’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Accounts and Deposits: Foreign Exchange Sacombank
Savings Transfer Services
Current Internet Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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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
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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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