Vietnamese property tycoon Trong My Lan was sentenced to death for orchestrating a massive $44 billion bank fraud, equivalent ...

The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies ...

Vietnam’s police issued arrest warrants for two former chairs of Saigon Commercial Bank, which experienced a bank run last year after customers feared the lender was tied to a real estate ...

Even though Vietnam law prevented any individuals from owning more than 5% of any bank, Troung My Lan used proxies running hundreds of shell companies to own more than 90% of Saigon Commercial Bank..

Vietnam’s central bank will place Saigon Commercial Bank under “special scrutiny” after customers pulled their savings from its branches for several days this week. Skip to content.

Saigon Joint Stock Commercial Bank (SCB) will ensure liquidity in all situations, Deputy CEO Hoang Minh Hoan assured as panicked depositors rushed to withdraw their money. The panic was sparked over ...

Saigon Commercial Bank (SCB) has announced that it has selected BPC as its solution partner in Vietnam, which should accelerate digital transformation in the nation’s fast-growing banking sector.

I n the first quarter of 2024, Vietnam’s economy expanded 5.7% year-on-year. While that was faster than the 3.4% growth reported the previous quarter, it was still a lower-than-expected result ...

The Saigon Commercial Joint Stock Bank (SCB) is negotiating with foreign partners to sell a stake in excess of 50 per cent. CEO Vo Tan Hoang said prior to the bank’s annual general meeting (AGM) on ...

Saigon Commercial Bank (SCB) has signed IBM for its Scalable Modular Data Center (SMDC) to cut energy use while supporting business growth. IBM will partner with SCB to transform its current existing ...