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Sacombank Group

After 18 years in operation, Sacombank has reaped tremendous achievements. Its chartered capital surged to VND 5,883 billion, making it the highest chartered capital joint-stock bank in Vietnam. Sacombank has also successfully convinced two Multinational Financial Institutions, namely International Financial Corporation (IFC) and Dragon Capital (DC) to become its strategic shareholders.

Sacombank cooperates effectively with other economic organizations inside and outside the country such as: Hoang Anh Gia Lai, Asiahuli JS Co., Truong Hai Auto JS Co., COMECO, Truong Phu Auto JS Co., ISUZU Viet Nam, Vietnam Cooperative Alliance, EVN, SJC, The Bao Minh Insurance Joint Stock Corporation, Habubank, Military Bank, Baruch Education Group Ltd BVI (BEG) - Representative of City University of New York (CUNY)... On December 7, 2006, Sacombank became the first bank to list its stock on Ho Chi Minh Stock Exchange HOSE coding as STB.

On 16th of May 2008, Sacombank established Sacombank Group marking a new turning point in the history of bank development. According to current operating model, Sacombank will act as a nuclear to coordinate activities of all 10 member companies in other areas of financial and non-financial. Sacombank Group has the current chartered capital of VND 6,700 billion, equity of VND 9,498 billion, total assets of VND 98,474 billion and staff of more than 7,000 people (by the end of quarter 1/2010).

Sacombank Group include Sacombank; 04 member dependent companies are Sacombank Leasing Co., Ltd (Sacombank-SBL); Sacombank Remittance Express Co., Ltd (Sacombank-SBR); Sacombank Asset Management Co., Ltd (Sacombank-SBA); Sacombank Jewelry Co., Ltd (Sacombank-SBJ); and 06 member cooperate strategy companies include: Sacombank Securities Joint Stock Company (Sacombank-SBS); Saigon Thuong Tin Investment Joint Stock Company (Sacombank-STI); Saigon Thuong Tin Real Estate Joint Stock Company (Sacomreal); Tan Dinh Import and Export Joint Stock Company (Tadimex); Toan Thinh Phat Architeture Investment Construction Joint Stock Company; Vietfund Management (VFM).

Sacombank Securities Joint Stock Company

Sacombank Securities Company (Sacombank-SBS) is a wholly-owned subsidiary of Sacombank Group. It was established in September 2006 with an initial chartered capital of VND 300 billion (approximately USD16.67 million), undertaking brokerage, stock depositary, underwriting and investment business.

By August 2007, our chartered capital was increased to VND 1,100 billion (approximately USD 61.11 million), for which Sacombank-SBS proudly became one of the largest local securities company in terms of chartered capital. With a current market share of more than 10%, Sacombank-SBS is presently the largest and fastest growing securities firm in Vietnam.

Sacombank-SBS business model is structured into four core areas: Brokerage, Corporate Finance Advisory, Investment Banking, Private Equity and Research, providing full-fledged Investment Banking services and products for Vietnam financial market.

Sacombank-SBS possesses a dynamic management team, 20% of whom were selectively and professionally trained abroad. We employ over 270 personnel with specialized knowledge and financial skills at our 7 offices in Ho Chi Minh City, Hanoi, Danang and Vungtau in order to serve clients throughout Vietnam.

We welcome all classes of investors and offer them a variety of financial services and products with high standards and competitiveness.

Advantages

Sacombank-SBS is one of the largest securities firms in Vietnam in terms of charter capital, market share and service standard.
Providing full-fledged Investment Banking products and services for Indochina capital markets.
Possessing strong financial corporeity and large network.
Being backed by the experienced and reputable Sacombank Group, with strong financial capacity and network.
Possessing leading technology.
Providing access to a large network of corporations via Sacombank-SBS and Sacombank, thereby creating valuable investment opportunities.
Business partners and clients will work with experienced and internationally-educated staffs who are delivering services with high professional standards.
Providing solid and comprehensive researches of finance and securities, together with frequent and prompt market updates for our partners and investors.

For further information, please see here: http://www.sacombank-sbs.com.vn/home.do


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