Bank

Since the beginning of 2024, SCB Bank has closed down 6 transaction branches.

Recently, Saigon - Hanoi Insurance Corporation (BSH) has announced the official partnership with DB Insurance (South Korea). DB Insurance now holds a strategic foreign stake of 75% in BSH. This collaboration is expected to create a "golden connection" that will bring new opportunities for both companies and increase benefits for our customers in the future.

In the final days of February, several banks continued to lower the interest rates on savings in various terms.

Playing a crucial role in the economy, banks have a mission to contribute to building a green society and a sustainable future by working towards the country's goal of achieving net-zero emissions by 2050.

The continuous surge in USD price in Vietnam, surpassing 25,000 VND/USD, has sparked concerns about when the situation will cool down.

SCB Thai Bank has acquired 100% of the capital contribution of Home Credit Vietnam for 800 million euros (equivalent to nearly 22,000 billion VND). This is the second largest M&A deal in the financial company sector in Vietnam, following the agreement to purchase 49% of FE Credit's capital by SMBC with a value of $1.37 billion in 2021.

KPMG's audit firm in Ho Chi Minh City has released an independent audit report, determining that SCB Bank has a negative owner's equity of 443,769 billion VND and accumulated losses of 464,547 billion VND.

Many people in Ho Chi Minh City have had a bitter experience of losing billions of VND and had to seek help from the police after investing and depositing money through online apps with hopes of making a profit.

After a period of calm, the online scam of "easy high-paying jobs" for freelancers is making a comeback recently, with the scam involving recruiting freelancers to process payments for e-commerce platforms...

As the largest capitalized group in the stock market and known as the "king of stocks," bank stocks are expected to attract funds in 2024.