31st October 2015: Sacombank honored received “Total Quality Management – Qmix 100:2015” base on international creterias, awarded by Economic Research Institute, Global Trade Alliance (UK), InterConformity Assessment Certification (Germany –EU).
Singapore, 14th Oct 2015, Sacombank honored received “The best foreign exchange provider in Vietnam 2015” awarded by Global Finance (USA). The selection organized in 9 regions and 99 nations with strict criteria included transaction volume, market share, scope of global coverage, customer service, competitive pricing, innovative technologies.
1st October 2015, Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) and Southern Commercial Joint Stock Bank (Southern Bank) sign the formal handover to fully merge Southern Bank into Sacombank with the witness of leaders from the State Bank of Vietnam (SBV) and the Ho Chi Minh City Stock Exchange (HOSE). The merger was approved by the SBV in accordance with statement No.1844/QĐ-NHNN issued on 14th Dec 2015. Sacombank has received all assets, personnel, network and data as well as the rights, obligations and legal interests of Southern Bank. All rights and responsibilities for customers, partners and shareholders of the Banks are assured and continued to execution. The process would not interrupt daily operation of the two banks; and also inherit and promote the achievements of Southern Bank; as well as helping post-merger bank to successfully accomplish those schemes approved by both banks’ General Meeting of Shareholders.
HCMC, 13th August 2015: The State Bank of Vietnam (SBV) issued Official Letter No. 6066/NHNN-TTGSNH on 12th August 2015 regarding to approve the principle of merging between Southern Bank and Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) as proposed by Sacombank’s Chairman; and, required both Southern Bank and Sacombank are responsible to complete those related documents as prescribed in Circular No. 04/2010/TT-NHNN of the SBV dated 11th February 2010 in which regulate the merger, consolidation or purchase the credit institution; there after submit to the SBV Governor considering for approval.