Company Information

Get to know Sacombank

Founded in 1991, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) was one of the first commercial joint-stock banks established in Ho Chi Minh City. Over three decades, it has grown into one of Vietnam's largest private banks, with a focus on both retail and corporate banking. Its mission is to be the leading modern, multi-functional retail bank in Vietnam and the region, providing customers with optimal financial solutions through a wide network of branches and advanced digital banking platforms.

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Financial BankingPRIMARY
Financial Other Service

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Sacombank

Vietnam

Founded in

05 Dec 1991 (34 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.