Skip Ribbon Commands
Skip to main content
You are at:HomeNewsSacombank

Sacombank Leasing Company has finalised a credit agreement worth $5 million with Norfund to assist the provision of medium and long-term capital to small and medium-sized enteprises (SME) in Vietnam.

New regulations relating to gold management are being considered by the State bank of Vietnam, including the possible narrowing of the bar gold market. Gold companies now have to think about their business in the future.
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.

Page 10 in 80 pages |
Updated at 15:33, 25/11/2015
Foreign Currency Cash Bid Rate Offer Rate
USD 22,430 22,450 22,530
AUD 16,216 16,245 16,460
CAD 16,752 16,819 16,981
CHF 21,874 21,997 22,294
Currency: VND
View chart of exchange rates
Updated at 15:33, 25/11/2015
Gold Buy Sell
XBJ 2,900,000 3,050,000
XAU 3,317,000 3,327,000
Currency: VND
View chart of gold price