Sacombank

[15][16] As a result, Sacombank has acquired and inherited all of Southern Bank's assets and related liabilities since the merger date.

[20][21][22] The four former employees of Sacombank Transaction Office were accused of borrowing money from outside and from customers in their personal capacity.

According to a source, the total amount of money that the four employees of Sacombank Cam Ranh branch borrowed from people was up to more than 100 billion VND.

[25][26] Sacombank has decided to dismiss these employees and appoint new ones to ensure the stable operation of Cam Ranh Transaction Office.

Sacombank also reported the incident to the State Bank of Vietnam, Khanh Hoa Provincial Branch, and at the same time transferred the case to the competent authority for investigation.