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Saigonbank

Saigonbank to sell nearly 8.3 million BVB shares

Saigonbank to sell nearly 8.3 million BVB shares

The announcement was released more than half a month after the previous auction was cancelled because no investors participated. 
Banks post positive results in Q4 2020

Banks post positive results in Q4 2020

Among companies that released fourth quarter results, many banks ended the year on a positive note. 
VietinBank to divest from Saigonbank in Q2

VietinBank to divest from Saigonbank in Q2

State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) will put more than 15.1 million shares of Saigon Bank for Industry and Trade (Saigonbank) up for auction in the second quarter of this year.
VietinBank to divest all holdings at Saigonbank

VietinBank to divest all holdings at Saigonbank

State-owned Vietnam Joint Stock Commercial Bank for Industry and Trade this week announced it plans to divest its holding in Saigon Bank for Industry and Trade.
Vietcombank divests from two firms

Vietcombank divests from two firms

The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday was estimated to receive VND342.6 billion (US$15.2 million) from selling its entire stakes in the Saigon Bank for Industry and Trade (SaigonBank) and Viet Nam Cement Finance Company (CFC).
Vietinbank successfully divests full stake in Saigonbank

Vietinbank successfully divests full stake in Saigonbank

Vietinbank on Friday successfully divested all 16.875 million shares of Saigonbank, Vietinbank Securities Co announced.
Individual investors scramble to buy Saigonbank shares

Individual investors scramble to buy Saigonbank shares

Ten individual investors have registered to buy up to 67.5 million shares of Saigonbank, while Vietinbank will divest only nearly 16.9 million shares of Saigonbank.
Brokerage firms face suspension

Brokerage firms face suspension

More than 30 brokerage firms, about 30 per cent of all brokerage firms, will be suspended if they record combined losses equal to half of the capital or their equity is lower than the legal capital required to operate their businesses.
Saigonbank gets new chairman

Saigonbank gets new chairman

The Saigon Bank for Industry and Trade (Saigonbank) has announced the appointment of Tran Quoc Hai as its new chairman from September 1.
Small banks fight against take-overs

Small banks fight against take-overs

Many small banks want to increase their capital but have failed to do so, according to independ-ent market watch-dogs.
Vietcombank to merge with Saigonbank

Vietcombank to merge with Saigonbank

Vietcombank is set to merge with Saigonbank as part of a general banking restructuring process, said Nguyen Van Binh, the Governor of the State Bank of Viet Nam.