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SaigonBank
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Three banks report plunge in profits
While profit across the banking sector grew by an estimated 40 percent last year, VietinBank, LienVietPostBank and SaigonBank have reported steep declines.
Vietnam’s third largest bank to sell its stake in SaigonBank
State-owned VietinBank will sell nearly 17 million holding shares in Saigonbank, equivalent to over five percent of the bank's charter capital, to reduce ownership cap down to about five percent with only 15.12 million shares.