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Apr 1, 2011

STB-SBS to co-launch consultancy-capital-investment solution

VNStockNews.com - Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank-STB), Sacombank Securities JSC (SBS) and Ha Long Production Development Co Ltd (BIM) on March 29 signed a strategic cooperation agreement to launch the solution package on consultancy-capital-investment.


Accordingly, Sacombank will provide BIM and its members all financial services in accordance with the law, government's policy and State Bank of Vietnam (SBV)'s regulations such as lending services, guarantee service, asset management, asset appraisal.

Additionally, Sacombank and its subsidiaries will offer other utilities in sectors of financial leasing, banking service and international payment with the highest service quality and the preferential fee.

In return, under the signed contract, BIM and its offshoots will enjoy services including consultancy and support for enterprises in mobilising capital in the stock market in Vietnam and the world in line with Vietnamese law, consulting and support for corporate restructuring, financial consulting service, listing shares on Vietnamese and international stock markets and securities investment consultancy.

In addition, the further cooperation between SBS-BIM and its members was also expressed in the strategic investment cooperation between SBS and BIM and cooperation in the real estate projects.

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