Sacombank Allowed to Trade 19 million More Shares

A customer at Sacombank in Ho Chi Minh City (Photo: TC)

The State Securities Commission has permitted Ho Chi Minh City-based Sacombank to list almost 19 million more shares on the city’s stock exchange.

Sacombank, one of the country’s leading joint stock banks, is preparing to list the new shares and will announce the trading date soon.

In the first ten months of this year, the bank posted its pre-tax profit at VND447 billion, 10% higher than the year target.

Reported by Mai Thao – Translated by Minh Tuong

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