SaigonBank
SaigonBank is a publicly listed Vietnamese commercial bank founded in 1987 (ticker SGB on HNX), serving retail, SME, corporate, and foreign-investment clients through 33 branches, 55 transaction offices, and digital channels including SAIGONBANK Smart Banking and iBanking, with charter capital of 3,608 billion VND as of February 2026.
- Company typePublic
- Founded1987
- HeadquartersHo Chi Minh City, Vietnam
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
SaigonBank firmographics
Firmographics- Name
- SaigonBank
- Legal name
- Ngân hàng Thương mại Cổ phần Sài Gòn Công thương
- Website
- https://saigonbank.com.vn
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- SaigonBank is a publicly listed Vietnamese commercial bank founded in 1987 (ticker SGB on HNX), serving retail, SME, corporate, and foreign-investment clients through 33 branches, 55 transaction offices, and digital channels including SAIGONBANK Smart Banking and iBanking, with charter capital of 3,608 billion VND as of February 2026.
- Ownership category
- akta.pro rank
SaigonBank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- Commercial Banks, Nec (6029), National Commercial Banks (6021)
- akta.pro primary industry
- General SME & Middle-Market Commercial Banking (FSABABAA)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF)
Keywords
Where SaigonBank is headquartered
LocationHeadquarters
- HQ city
- Ho Chi Minh City
- HQ country
- Vietnam
- HQ region
- Asia
Offices4 records
Markets served
SaigonBank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Interest Income from Lending: Traditional banking revenue from interest earned on loans to personal and corporate customers, including secured and unsecured lending products
- Fee-based Services: Transaction fees from domestic and international money transfers, foreign exchange transactions, guarantee services, and card services
- Digital Banking Services: Revenue from digital banking services including Smart Banking, iBanking, and payment processing services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard lending rates with promotional packages |
| Other | Pay-as-you-go | Card services fee schedule |
| Transaction based/ take rate | Pay-as-you-go | Inter-bank transfer fees (IBFT) |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
SaigonBank product offering
Product offeringCore offering
SaigonBank is a joint-stock commercial bank in Vietnam providing a full suite of retail and corporate banking services including deposits, lending, foreign exchange, bank guarantees, international payments, card services, and digital banking platforms. Founded in 1987 as Vietnam's first joint-stock commercial bank, the bank operates through 33 branches, one Digital Transformation Center, and 55 transaction offices, serving individual customers, SMEs, large corporates, and foreign-invested enterprises.
Product overview
SAIGONBANK offers a comprehensive digital banking ecosystem comprising mobile banking (SAIGONBANK Smart Banking), digital payments (SAIGONBANK Pay), corporate online banking (iBanking), and traditional internet banking services. The product portfolio centers on the Saigon Bankcard debit card platform with multiple add-on services including overdraft facilities, salary disbursement, and co-branded card programs. Retail services include personal lending (home, vehicle, education, securities loans), deposits, forex trading, and international remittances. Business banking encompasses corporate lending, cash management, trade finance (L/C, collection), and bank guarantees. The bank also provides ancillary services like SMS Banking, Phone Banking, and smart kiosks for public administration. Recent launches include Voice OTT (audio notifications), eKYC account opening, biometric authentication, and corporate iBanking platform.
Differentiator
Problem solved
Functional benefit
Brands
- SAIGONBANK Smart Banking: Mobile banking application for retail and corporate customers with features including fund transfers, bill payments, and account management.
- SAIGONBANK Pay
- SAIGONBANK iBanking
Quantifiable outcome
- Available at 562 correspondent banks in 70 countries and territories
- +1 more outcomes
Companies that use SaigonBank
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
SaigonBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability5 records
Feature4 records
SaigonBank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- VNPAYcoreStrategic partnership for electronic payment services and tax digitalization. SAIGONBANK and VNPAY jointly launched electronic payment services and tax payment solutions for business accounts and enterprises, supporting digital transformation. Services include VNPAY-QR, VNPAY-PhonePOS, VNPAY-SmartPOS, and integrated tax payment solutions with promotions through 2028.
- MoneyGramcoreMoneyGram remittance service agent providing international money transfer services to customers worldwide
- SWIFTcoreSWIFT network member for international financial telecommunications and cross-border payment processing. SAIGONBANK has been a SWIFT member since 1997.
- NAPAScoreNational Payment Services Corporation - domestic card network enabling ATM and POS transactions across all member banks in Vietnam
- VisacoreInternational card organization member since 1997 for card issuance and acceptance
- Various Correspondent BanksminorCorrespondent banking relationships with 562 banks in 70 countries including Barclays, Deutsche Bank, BNP Paribas, and others for international trade and payment services
- BanknetvncoreVietnam National Financial Switching Network - interbank payment switching system connected since 2007
Scale indicators5 records
Recent moves17 records
Expansion highlights5 records
SaigonBank competitors and assessment
Company assessmentDirect peers
- Asia Commercial Bank (ACB): ACB is a major Vietnamese joint-stock commercial bank with a similar product mix spanning retail deposits, SME lending, trade finance, and digital banking. ACB and SaigonBank target overlapping retail and SME segments and operate comparable multi-channel distribution across Vietnam.
- Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank): HDBank is a mid-sized Vietnamese joint-stock commercial bank headquartered in Ho Chi Minh City with overlapping SME, retail, and corporate banking services. HDBank's geographic concentration in HCMC parallels SaigonBank's footprint, making them direct peer competitors domestically.
- Tien Phong Commercial Joint Stock Bank (TPBank): TPBank is a mid-tier Vietnamese joint-stock commercial bank known for its digital-led retail strategy and SME lending. TPBank targets similar retail and small-business customers with comparable mobile-first features, making it a close operational peer to SaigonBank.
- Vietnam Maritime Commercial Joint Stock Bank (MSB): MSB is a mid-tier Vietnamese joint-stock commercial bank serving SMEs, retail customers, and corporates with comparable deposit, lending, FX, and digital banking services. MSB and SaigonBank compete directly in the mid-market private-bank segment.
- LienVietPostBank (LPB): LienVietPostBank is a Vietnamese joint-stock commercial bank combining postal retail distribution, SME lending, and digital banking. SaigonBank shares LPB's mid-tier positioning across retail deposits, SME credit, and consumer lending.
Broad incumbents
- Military Commercial Joint Stock Bank (MB Bank): MB Bank is a large Vietnamese joint-stock commercial bank with broad retail, SME, and corporate offerings and a strong digital channel. MB competes with SaigonBank in retail deposits, SME lending, and increasingly in cash management and digital banking.
- VietinBank: VietinBank is one of Vietnam's largest state-owned commercial banks with a full suite of retail, SME, and corporate banking services. VietinBank's branch reach and capital scale dwarf SaigonBank's, but both compete across the universal commercial banking product set.
- Techcombank: Techcombank is one of Vietnam's largest private joint-stock commercial banks offering comprehensive retail, SME, and corporate banking with leading digital capabilities. While larger and more digitally advanced than SaigonBank, Techcombank competes in the same product categories and customer segments.
- Vietcombank: Vietcombank is Vietnam's largest joint-stock commercial bank and a dominant player in corporate banking, trade finance, and FX. While serving a tier of customers beyond SaigonBank's typical scope, Vietcombank sets the competitive benchmark in products where SaigonBank operates such as deposits, lending, and international payments.
Emerging players
- MoMo (M_Service JSC): MoMo is Vietnam's largest e-wallet and digital payments platform with a growing financial-services footprint including deposits, lending, and insurance. MoMo is an indirect competitor that progressively encroaches on retail payment and basic banking segments where SaigonBank traditionally earns fee revenue.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SaigonBank social profiles
Digital presenceSaigonBank compliance and trust
Trust signalCompliance8 records
SaigonBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
SaigonBank leadership team
Management profileNumber of profiles
SaigonBank subsidiaries and ownership
Company hierarchySubsidiaries1 record
SaigonBank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SaigonBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SaigonBank
What does SaigonBank do?
SaigonBank is a joint-stock commercial bank in Vietnam providing a full suite of retail and corporate banking services including deposits, lending, foreign exchange, bank guarantees, international payments, card services, and digital banking platforms. Founded in 1987 as Vietnam's first joint-stock commercial bank, the bank operates through 33 branches, one Digital Transformation Center, and 55 transaction offices, serving individual customers, SMEs, large corporates, and foreign-invested enterprises.
Is SaigonBank a public or private company?
SaigonBank is a public company. It is classified as public and is currently operating.
When was SaigonBank founded?
SaigonBank was founded in 1987. It employs 1,001 to 5,000 people.
Where is SaigonBank based?
SaigonBank is headquartered in Ho Chi Minh City, Vietnam, in the Asia region.
How does SaigonBank make money?
Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are fee-based Services and digital Banking Services.
Who are SaigonBank's main competitors?
Direct peers on record are Asia Commercial Bank (ACB), Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank), Tien Phong Commercial Joint Stock Bank (TPBank), Vietnam Maritime Commercial Joint Stock Bank (MSB) and LienVietPostBank (LPB). Broad incumbents are Military Commercial Joint Stock Bank (MB Bank), VietinBank, Techcombank and Vietcombank. MoMo (M_Service JSC) is listed as an emerging player.
Does SaigonBank have an API?
No public API is recorded for SaigonBank.
What industry is SaigonBank in?
SaigonBank's product category is Commercial Banking. Its primary akta.pro industry code is FSABABAA, General SME & Middle-Market Commercial Banking, with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6029.