STB: Sacombank approved to increase capital

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) announced the capital increase:

The State Bank of Vietnam promulgated Official Document No.3987/NHNN-TTGSNH on May 28, 2010 on Sacombank’s capital increase in 2010. The governor of the bank approved the capital increase of Sacombank from VND6,700,580,080,000 to VND9,179,483,610,000 according to the plan of capital increase which was adopted in the shareholders’ meeting of Sacombank on March 15, 2010.

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