sacombank-outlines-expansion-strategy

Sacombank outlines expansion strategy

FinanceAsia talks to Sacombank's CEO, Tran Xuan Huy, about the bankÆs outlook and his view on the state of Vietnam's economy.

By Lara Wozniak

July 29, 2008

Sacombank is one of Vietnam's leading banks with 235 branches and transaction offices in 45 cities and provinces in Vietnam. It has launched an internet service to help its small- and medium-sized enterprise SME clients bank more efficiently, and it is expanding its network into China, which is one of Vietnam's top trading partners. We talk to Sacombank's CEO, Tran Xuan Huy, about the bank's plans.

More than 50% of Sacombank's outstanding loans are to SMEs. Why have you targeted this market Do you think SMEs are the backbone of Vietnam
Sacombank aims to be the leading retail bank in Vietnam as such SMEs are our major target market. Vietnam, after...

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