The financial leasing arm of the Sai Gon Thuong Tin Commercial Bank, Sacombank Leasing, signed over 100 contracts worth 195 billion VND (12.1 million USD) after one year of operation.
The company has exerted efforts to meet increasing demands of small and medium-sized enterprises and plans to expand its operation to foreign-invested enterprises and businesses in industrial and export processing zones.
Sacombank Leasing has a registered capital of 100 billion VND, involving in leasing and guarantee services, consulting and property management.
It is allowed to take bank loans, issue bonds and access other sources of capital under the central bank’s regulations.
Source: VNA
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