SaigonBank

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

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

• Retail banking services
• Corporate banking solutions
• Foreign exchange trading
• International remittance services
• Digital payment services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income from Lending: Traditional banking revenue from interest earned on loans to personal and corporate customers, including secured and unsecured lending products
2. Fee-based Services: Transaction fees from domestic and international money transfers, foreign exchange transactions, guarantee services, and card services
3. Digital Banking Services: Revenue from digital banking services including Smart Banking, iBanking, and payment processing services

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core 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

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability5 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• VNPAYcoreTechnology or Integration · 10 March 2026Strategic 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.
• MoneyGramcoreChannel Partner/ Reseller/ DistributorMoneyGram remittance service agent providing international money transfer services to customers worldwide
• SWIFTcoreTechnology or IntegrationSWIFT network member for international financial telecommunications and cross-border payment processing. SAIGONBANK has been a SWIFT member since 1997.
• NAPAScoreTechnology or IntegrationNational Payment Services Corporation - domestic card network enabling ATM and POS transactions across all member banks in Vietnam
• VisacoreTechnology or IntegrationInternational card organization member since 1997 for card issuance and acceptance
• Various Correspondent BanksminorChannel Partner/ Reseller/ DistributorCorrespondent banking relationships with 562 banks in 70 countries including Barclays, Deutsche Bank, BNP Paribas, and others for international trade and payment services
• BanknetvncoreTechnology or IntegrationVietnam National Financial Switching Network - interbank payment switching system connected since 2007

Scale indicators5 records

Recent moves17 records

Expansion highlights5 records

Direct 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

• Facebookfacebook.com/saigonbankdigitalbanking
• LinkedInlinkedin.com/company/saigonbank

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SaigonBank