Commercial bank posts high growth

The Saigon Commercial Bank announced on July 5 that it earned a pre-tax profit of 392 billion VND (20.6 million USD) in the year's first six months, with June alone accounting for 221 billion VND, up 268 percent over the same month in 2009.
The Saigon Commercial Bank announced on July 5 that it earned a pre-tax profit of 392 billion VND (20.6 million USD) in the year's first six months, with June alone accounting for 221 billion VND, up 268 percent over the same month in 2009.

The bank also increased its total assets to 54.7 trillion VND, 26 percent more than last year's corresponding period. SCB has cooperation with Cisco, a global leader in networking, for its Core Switch security system.

On July 5, SCB inaugurated its new headquarters, the 15-storey SCB Building on HCM City 's Cong Quynh St. , Dist. 1. It runs a nationwide network of 116 branches and transaction offices./.

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