Tags Phuong Nam Bank Interest on bank deposits starts to rise Monday, Jun 29, 2015 After a long time banks have increased deposit interest rates, which have gone up by 0.1-0.5 per cent. Sacombank, Phuong Nam merger is on the anvil Thursday, Mar 06, 2014 Phuong Nam Bank might be merged with Sacombank, according to Sacombank chairman Pham Huu Phu.