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Since the establishment of Sacombank-SBS sales representative in Singapore in October 2009, the strategic partnership forming between Sacombank-SBS and DMG & Partners Securities (“DMG”) this February 2011 has proved our goal closer to the aim of becoming the investment gateway in the region.

In the last months of this year, profits of banks are being affected by fluctuations in interest rates and all too high capital costs. 2010 is the year of the volatile financial markets. Revenues from banking services (gold, foreign exchange, cards...) have dropped, which also affect the profits of banks. However, in that common situation, there are still some lenders who have made good profits.

Sacombank becomes the first bank collaborating with China UnionPay, the leading bankcard association in China, to launch UnionPay card in Vietnam. Sacombank UnionPay card is accepted in over 90 countries worldwide, especially in China, Singapore, Malaysia, Thailand etc.

Saigon Thuong Tin Commercial Bank (Sacombank) has been chosen to draw up the letter of credit (L/C) for farm produce import from the US under the Export Credit Guarantee Programme, or GSM-102.
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Updated at 15:01, 08/10/2015
Foreign Currency Cash Bid Rate Offer Rate
USD 22,150 22,170 22,280
AUD 15,801 15,829 16,064
CAD 16,866 16,934 17,123
CHF 22,662 22,790 23,141
Currency: VND
View chart of exchange rates
Updated at 15:01, 08/10/2015
Gold Buy Sell
XBJ 2,970,000 3,120,000
XAU 3,373,000 3,383,000
Currency: VND
View chart of gold price