Vietnamese property tycoon Trong My Lan was sentenced to death for orchestrating a massive $44 billion bank fraud, equivalent ...

By bno - Ho Chi Minh Office The State Bank of Vietnam (SBV) has announced an increase in the 2025 credit growth quota for commercial banks in a bid to stimulate economic growth, as inflation remains ...

Even though Vietnam law prevented any individuals from owning more than 5% of any bank, Troung My Lan used proxies running hundreds of shell companies to own more than 90% of Saigon Commercial Bank..

Property developer Truong My Lan, 68, was convicted this year of swindling money from Saigon Commercial Bank (SCB) — which prosecutors said she controlled — and sentenced to death for fraud ...

Saigon Commercial Bank (SCB) has announced that it has selected BPC as its solution partner in Vietnam, which should accelerate digital transformation in the nation’s fast-growing banking sector.

Vietnam’s police issued arrest warrants for two former chairs of Saigon Commercial Bank, which experienced a bank run last year after customers feared the lender was tied to a real estate ...

Vietnam’s central bank will place Saigon Commercial Bank under “special scrutiny” after customers pulled their savings from its branches for several days this week.

Lan was able to secure more than 2,500 loans from Saigon Commercial Bank, crimes that gave her ownership of 91.5% of the bank’s shares. Total damages caused by the scam amount to $27B ...