Sacombank has appointed Ms. Nguyễn Thị Kiều Anh, born in 1983, as Acting Chief Executive Officer effective 2 November 2026, after she joined the bank in late 2025 as Deputy CEO. She has over 20 years of experience in finance and banking, including 18 years at VPBank before moving to LPBank in 2023. In the first nine months of 2026, Sacombank posted total operating income of VND 27,794 billion, up 14.1%, or VND 3,431.6 billion more than the same period in 2025. Consolidated total assets reached VND 1.057 million billion in Q3 2026, up 15.3% from the start of the year, surpassing the VND 1 million billion mark and the target approved by shareholders. The bank has identified corporate customers, import-export payments, digital banking and green credit as priority growth areas.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chân dung Quyền Tổng Giám đốc sinh năm 1983 của Sacombank: Từ chuyên viên tín dụng đến vị trí điều hành ngân hàng triệu tỷ đồng
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Related tickers and likely impact
STB
• NeutralSaigon Treasure Bank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 124,990 bn VND |
| P/E | 81.9 |
| P/B | 1.95 |
| Close on 11/02/2026 | 65.10 |
| Change that session | -1.81% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- SACOMBANK names new Acting CEO
SACOMBANK's Board has appointed Ms. Nguyen Thi Kieu Anh, currently Deputy CEO, as Acting CEO from 02/11/2026, while Mr. Loic Faussier steps down as CEO and remains as a senior adviser to the Board. Ms. Kieu Anh, born in 1983 and holding an MBA from the Banking Academy, has more than 20 years of experience in finance and banking, including at VPBank and LPBank. According to the bank, the leadership change aims to speed up completion of the restructuring plan for Sài Gòn Tài Lộc Commercial Joint Stock Bank (ticker STB). The bank plans to prioritize corporate clients in import-export, FDI and SMEs, and expand funding for green credit.
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Sacombank's headcount fell sharply in the first nine months of 2026: group employees totaled 12,553 at September 30, 2026, down 4,263 (25.4%) from end-2025, while the parent bank's headcount fell 27.1%. Employee costs for the nine months were about VND 5,108 billion, down 17.3% year on year, while average cost per employee rose 22.8% to VND 45.2 million per month from VND 36.8 million a year earlier. Third-quarter 2026 pre-tax profit fell 52% to VND 1,757 billion and after-tax profit fell 53.6% to VND 1,347 billion, mainly due to a sharp rise in credit risk provisions and lower net interest income. Non-performing loans rose to VND 51,367 billion, or 7.33% of total loans, from about 6.41% at the start of the year. The bank also changed its legal name, moved its head office and replaced its CEO during 2026.
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Sacombank (STB) became the fifth private bank to surpass 1 million billion VND in total assets, reaching about 1.057 million billion VND as of 30/9/2026. Third-quarter pre-tax profit fell 52% to 1,757 billion VND, mainly because credit risk provisioning expenses surged to 5,729 billion VND, about 5.5 times the year-earlier level, while net interest income dropped 33.6%. Net service income rose sharply to 4,255 billion VND, partly offsetting that decline. Bad debt rose to 51,367 billion VND, or about 7.33% of total outstanding loans, up from about 6.41% at the start of the year. For the first nine months, after-tax profit reached 4,278 billion VND, down about 50.8%.
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SACOMBANK is rolling out a VND 40,000 billion preferential credit program in line with Government and State Bank of Vietnam directives, cutting lending rates by 2% per year to preferential rates from 8.5% per year. The program targets domestic enterprises in key industries, import-export companies and foreign-invested enterprises (FDI). Earlier, from 13 August 2026, the bank launched a program for import-export customers offering rate cuts of up to 2%, narrowing its profit margin from about 2.79% to 0.79%. From September 2026, it also supports business households facing cash-flow difficulties and home-loan customers, with rate cuts of up to 1.5–2% per year. The bank is also expanding cashless payment and digital cash-flow management services.
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