ID :
9939
Fri, 06/13/2008 - 10:30
Auther :

Sacombank permitted to open branches in Laos, Cambodia

HCM City (VNA) - The State Bank of Vietnam has given the go-ahead to the Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to open two branches in Laos and Cambodia.

The move is a further step in Sacombank's plan to expand business activities
abroad, following the success of a representative office in Guangxi ,
China , on January 8.

Sacombank's two new branches are expected to facilitate trade ties among
businesses from the three nations by supporting investment projects and
import-export activities.-Enditem

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