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.