VNStockNews.com - After one year of the opening in Laos, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank coded STB) yesterday started work on new headquarter of its Laos branch in Hengboun, Group 8, Ban hai Xoc, Chanthabury Dist of Vientian.
The new headquarter of Sacombank Laos arm is built on total construction area of over 9,2000 sqm including one basement, one ground-floor, three floors with total estimated cost of over $10 million.
From December 12, 2008 to late November 2009, the branch posted total deposits of $10 million and total outstanding loans of nearly $5 million.
Also, Sacombank has another branch in Cambodia and one representative office in China.
Dec 11, 2009
Sacombank starts work on new headquarter of Laos branch
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