STB — Vietnamese Stock News

Sacombank Q1 2026 pre-tax profit drops 43% to VND 2,106B, missing guidance, as credit provisions surge 10x. Bank cuts 2,736 employees, NPL ratio rises to 6.62%.

Sacombank (STB) AGM on April 22, 2026, will elect CEO Nguyen Duc Thuy to the board, rename to 'Sai Gon Tai Loc Bank', relocate HQ, and cancel restructuring extension.

Sacombank (STB) stock hit ceiling after proposing to elect General Director Nguyen Duc Thuy to the Board of Directors, leading banking sector gains.

Sacombank (STB) cancels extension request for post-merger restructuring plan ahead of AGM. Chairman signs resolution, stock hits ceiling at VND 68,600.

Sacombank (STB) AGM proposes CEO Nguyen Duc Thuy to board, approves name change to Saigon Tai Loc, and drops restructuring extension plan.

Sacombank (STB) nominates CEO Nguyen Duc Thuy to the Board of Directors, drops restructuring extension plan, and proposes name change to Sài Gòn Tài Lộc.

STB stock jumps 5.5% after Sacombank adds AGM documents including Nguyen Duc Thuy's board candidacy and cancellation of restructuring extension request.

Sacombank (STB) elects Nguyen Duc Thuy to board, approves name change to Ngan hang Sai Gon Tai Loc. Q1 profit hits VND 3,572B (40% of target), NPL ratio above 5%.

Sacombank (STB) will elect Nguyen Duc Thuy to the Board of Directors at its 2026 AGM and has withdrawn the proposal to extend its post-merger restructuring plan.

Sacombank (STB) appoints Loic Faussier as Acting CEO and Nguyen Duc Thuy as Permanent Vice Chairman, accelerating restructuring and international management.

Sacombank (STB) changes name to Saigon Treasure Commercial Bank (SACOMBANK), appoints Loic Faussier as Acting General Director, and targets 2026 pre-tax profit of VND 8,100B.

Sacombank (STB) appoints Nguyen Duc Thuy as Vice Chairman and Loic Faussier as Acting CEO. AGM also approves name change to Ngan hang Sai Gon Tai Loc.

Sacombank (STB) and Vingroup (VIC) sign a comprehensive strategic partnership to provide banking solutions for Vingroup's ecosystem, enhancing business efficiency.

Sacombank (STB) and Vingroup (VIC) signed a strategic cooperation agreement on April 24, 2026, to provide integrated financial solutions for Vingroup's ecosystem.

Sacombank (STB) cancels proposal to extend post-merger restructuring plan to 2030, citing bad debt challenges. AGM to vote on board changes, name change, and HQ relocation.

Sacombank (STB) withdrew its proposal to extend its post-merger restructuring plan to 2030 ahead of its AGM and added a proposal to change its name to Saigon Tai Loc Commercial Joint Stock Bank.

Sacombank (STB) reported 2025 pre-tax profit reached only 52% of plan due to proactive credit risk provisioning, while total assets grew over 20% and restructuring nears completion.