Friday, 09/11/2012 16:43

STB: Information on stock purchase and resale agreements

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) reported the stock balance negotiated to buy and sell until September 30, 2012 is VND600,976 million.

On August 30, 2012, Sacombank issued Document No.2743A to terminate the product “Forwards”. At present, Sacombank is working with clients in order to recover the full amount of purchase and resale agreements with clients. Sacombank expects that it will recover VND263,703 million in November 2012; and the remaining amount will be recovered by December 31, 2012.

HOSE

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