Sacombank will hold its annual general meeting online on June 5 amid COVID-19 uncertainty. — Photo courtesy of Sacombank

Sacombank has decided to hold its annual general meeting (AGM) online in June on the advice of authorities as the country is now battling the COVID-19 pandemic. 

It has cancelled the AGM scheduled to be held on April 24. 

It will collect shareholders' opinions on organising the meeting online on June 5 and electronic voting.

Technology will allow Sacombank to organise the AGM online with tens of thousands of shareholders in attendance. In recent years it has focused on the use of technologies in management and operations to enhance the customer experience and increase productivity.

Especially in the context of the COVID-19 pandemic, the digital environment enables the lender to have its staff working from home without compromising the quality of work. — VNS