STB — Vietnamese Stock News

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

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Sacombank (STB) will elect Nguyen Duc Thuy to the Board of Directors at its 2026 AGM and has withdrawn the proposal to extend its post-merger restructuring plan.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