The Saigon - Hanoi Bank (SHB) has expanded its ''supporting loan capital - steady long journey'' programme from VNĐ11 trillion (US$433 million) to VNĐ16 trillion ($630 million), offering interest rates from 4.8 per cent per year.
At the Annual General Meeting of Shareholders on Tuesday, Ngo Thu Ha, General Director of SHB, presented two business scenarios in 2023, corresponding to two plans on credit growth limits of 10 per cent and 14 per cent.
The new Saigon Commercial Bank (SCB), formed by its 2012 merger with two
other joint stock banks, Viet Nam Tin Nghia and De Nhat, is turning
things around after a difficult start.