Saigon Commercial Joint Stock Bank (SCB – stock code: SCB) has announced the sale of 27 ATM machines, including ATMs in Ba Chieu, Ngo Gia Tu, Ngo May, Long An, Uong Bi, Long Bien, Bai Chay, Ba Ria, Kien Giang, Sa Dec, Go Cong, and more.
These ATMs are currently stored in Ho Chi Minh City, Danang, Long An, Ba Ria-Vung Tau, Quang Ninh, Hanoi, and Binh Dinh. The auction is open to all SCB internal staff, affiliated and associated companies, as well as any organizations or individuals nationwide who wish to participate.
The bank is offering the ATMs for sale individually or as a complete lot, depending on the buyer’s preference. SCB is conducting a competitive sealed-bid auction, and the machines will be sold to the highest bidder for each ATM. In the event of a tie, the auction committee will ask the bidders to negotiate; if no agreement can be reached, a lottery will be held to determine the winner. The bid price includes VAT and all costs associated with dismantling, loading, transporting, and other expenses.
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SCB is auctioning off 27 ATM machines.
Prior to this, SCB also announced the auction of a fleet of 23 specialized cash-in-transit vehicles with a starting price of VND 3.98 billion. The lot includes 17 Mitsubishi Pajeros and 6 Hyundai Starexs previously used by SCB for cash transportation. All vehicles are registered in Ho Chi Minh City and date back to 2004-2011.
The two oldest vehicles in the lot were registered in 2004, while the newest one was registered in 2011. Most of the remaining vehicles were registered in 2007 (5 units) and 2008 (11 units). With a starting price of VND 3.98 billion (including VAT) for the entire lot, the average price per vehicle is approximately VND 173 million.
SCB is offering the vehicles for sale as a complete lot, and the auction is open to individuals and organizations. Bidders are required to place a deposit of VND 690 million, equivalent to VND 30 million per vehicle. This deposit will be refunded if the bidder is unsuccessful.
SCB has also invited bids for the removal of 21 advertising billboards from 16 of its business units. The bid price should include all necessary costs to execute the project as per the design and technical requirements specified in the invitation to bid. It should also cover all taxes, fees, and charges, if applicable, as per the rates in effect 28 days before the bid closing date.
This follows SCB’s recent closure of several branches and transaction offices. Most recently, SCB announced the closure of multiple transaction offices in Ho Chi Minh City and other provinces. According to the Southern Bank Association, SCB has discontinued operations at 61 transaction offices across various provinces and cities since June 2023.
On October 15, 2022, the State Bank of Vietnam announced its decision to place SCB under special control to stabilize the bank’s operations. This measure is a standard procedure to closely monitor and limit any negative impact on the bank and the wider banking system.
The State Bank of Vietnam has also appointed experienced and qualified executives from Vietcombank, BIDV, VietinBank, and Agribank to manage and operate SCB.