A Sacombank branch office in the central province of Khánh Hòa.— Photo Sacombank

Sacombank has denied a rumour that started on April 1 on social media that the bank's chairman of the board Dương Công Minh was banned from leaving the country for his alleged involvement in a high-profile criminal case that has been on trial since last week.

"Sacombank categorically rejects the groundless rumour. We have taken the necessary measures, following legal regulations, to prevent the dissemination of false, distorted and defamatory rumour that will hurt Sacombank's reputation and image, as well as those of the bank's leadership."

Sacombank confirmed the chairman has been and will remain the bank's chairman. Sacombank reassured the public that the bank will continue providing financial services to customers, maintaining effective business operations and ensuring safe operations.

Sacombank urged investors, shareholders and customers to be cautious of baseless rumours and to rely on information from credible media channels and news sources.

"Sacombank appreciates the trust and support of investors, shareholders and customers. We confirm that Sacombank's operation remains stable and efficient. We will continue to implement strategies to develop products, strengthen and expand the market," the bank said in a statement. — VNS