Wallets/sacombank
Sacombank / Sacombank Pay
0 standards supported
Overview
Sacombank (Saigon Thuong Tin Commercial Joint Stock Bank) is major Vietnamese private commercial bank + Sacombank Pay 6.8M+ downloads + active users May 2025 + 6M+ cards issued + ~96% Sacombank transactions via digital channels May 2025 [1, 2, vn-cro]. 2025 baseline: Sacombank Pay 6.8M+ downloads + active users + 6M+ cards issued + ~96% Sacombank transactions via digital channels (end-May 2025); 2025 Sao Khue Award 5-star Digital Banking for Sacombank Pay (organized by Vietnam Software and IT Services Association VINASA); Sacombank Vietnam + Laos + Cambodia footprint; Sacombank Pay continuously updated 2025 with new features including biometric authentication + integration with various payment systems.
Distinctive Sacombank positioning:
- Major Vietnamese private commercial bank
- Sacombank Pay 6.8M+ downloads + active users May 2025 + 6M+ cards issued + ~96% Sacombank transactions via digital channels May 2025 distinctive Vietnamese banking digital-first scale
- 2025 Sao Khue Award 5-star Digital Banking for Sacombank Pay (organized by Vietnam Software and IT Services Association VINASA)
- Sacombank Cashless Day 2025 participation to promote Vietnamese digital economy
- Sacombank Vietnam + Laos + Cambodia footprint distinctive Indochina banking footprint
- Dec 21 1991 Sacombank founding as Vietnam's first private joint-stock commercial bank → distinctive Vietnamese private banking heritage
- 2017 Sacombank Cambodia subsidiary launch + 2008 Sacombank Laos subsidiary launch
History
Dec 21 1991 — Sacombank (Saigon Thuong Tin Commercial Joint Stock Bank) founded in Vietnam → distinctive Vietnamese private banking heritage (one of Vietnam's first private joint-stock commercial banks).
Jul 12 2006 — Sacombank IPO on HOSE (Ho Chi Minh Stock Exchange) as first Vietnamese commercial bank listed on Vietnamese stock exchange.
2008 — Sacombank Laos subsidiary launch + 2017 Sacombank Cambodia subsidiary launch → distinctive Indochina banking footprint.
2014 — Sacombank mBanking app launches.
2018 — Sacombank Pay mobile wallet app launches as Sacombank distinctive Vietnamese mobile wallet.
End-May 2025 — Sacombank Pay 6.8M+ downloads + active users + 6M+ cards issued + ~96% Sacombank transactions via digital channels [1, 2].
2025 — Sacombank 2025 Sao Khue Award 5-star Digital Banking for Sacombank Pay + Sacombank Cashless Day 2025 participation [3].
Ownership & operator
Operating entity: Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank; HOSE: STB).
Major shareholders: Various Vietnamese institutional + Vietnamese retail public float + foreign institutional (Sacombank widely held post-2017 Trầm Bê + Sacombank restructuring).
Regulator: SBV (State Bank of Vietnam).
Technical integration
Sacombank mBanking app (iOS + Android) + Sacombank Pay mobile wallet app (iOS + Android; 6.8M+ downloads + active users; ~96% Sacombank transactions via digital channels May 2025) + sacombank.com.vn online + Sacombank cards (Visa + Mastercard + NAPAS + 6M+ Sacombank cards issued May 2025) + Sacombank Vietnam + Laos + Cambodia branch network; VietQR + NAPAS 247; Sacombank Pay 2025 enhancements: biometric authentication + integration with various payment systems.
Users & growth
End-May 2025: Sacombank Pay 6.8M+ downloads + active users + 6M+ cards issued + ~96% Sacombank transactions via digital channels.
Use cases
Vietnamese + Laotian + Cambodian retail + private + corporate + SME + investment banking via Sacombank mBanking + Sacombank Pay mobile wallet + sacombank.com.vn online + cards + branches; VietQR + NAPAS 247; Sacombank Pay 2025 enhancements: biometric authentication + integration with various payment systems.
Implementations & partners
Operator: Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank; HOSE: STB).
Subsidiaries: Sacombank Laos + Sacombank Cambodia.
Major Vietnamese banking competitors: [[vietcombank]] (Vietnam #1 state-controlled) + [[bidv]] (Vietnam #2 by assets state-controlled) + [[vietinbank]] (Vietnam Big 4 + MUFG ~19.7% strategic) + [[vpbank]] (Vietnam #1 private commercial bank + SMBC 15% strategic + FE Credit) + [[techcombank]] (Vietnam #2 private + Masan partnership) + [[mb-bank]] (Vietnam Military Bank) + [[acb-vietnam]] (Asia Commercial Bank).
Regulator: SBV.
Fun facts
- Major Vietnamese private commercial bank.
- Sacombank Pay 6.8M+ downloads + active users May 2025 + 6M+ cards issued + ~96% Sacombank transactions via digital channels May 2025 distinctive Vietnamese banking digital-first scale.
- 2025 Sao Khue Award 5-star Digital Banking for Sacombank Pay (organized by Vietnam Software and IT Services Association VINASA).
- Sacombank Cashless Day 2025 participation to promote Vietnamese digital economy.
- Sacombank Vietnam + Laos + Cambodia footprint distinctive Indochina banking footprint.
- Dec 21 1991 Sacombank founding as Vietnam's first private joint-stock commercial bank → distinctive Vietnamese private banking heritage.
- Jul 12 2006 Sacombank HOSE IPO as first Vietnamese commercial bank listed on Vietnamese stock exchange.
Comparison
| Feature | Sacombank / Sacombank Pay | [[vietcombank]] (Vietnam #1 state-controlled rival) | [[vietinbank]] (Vietnam Big 4 + MUFG ~19.7% strategic rival) | [[vpbank]] (Vietnam #1 private commercial bank + SMBC 15% strategic + FE Credit rival) | [[techcombank]] (Vietnam #2 private + Masan partnership rival) |
|---|---|---|---|---|---|
| Operator | Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank; HOSE: STB) | Vietcombank (HOSE: VCB) | VietinBank (HOSE: CTG) | VPBank (HOSE: VPB) | Techcombank (HOSE: TCB) |
| Type | Major Vietnamese private commercial bank + Sacombank Pay 6.8M+ downloads + active users + 6M+ cards issued + ~96% Sacombank transactions via digital channels May 2025 + 2025 Sao Khue Award 5-star Digital Banking + Vietnam + Laos + Cambodia footprint | Vietnam #1 state-controlled by assets | Vietnam Big 4 state-controlled + VietinBank iPay 2,000+ partners + 150+ features + MUFG ~19.7% strategic | Vietnam #1 private commercial bank by total assets + SMBC 15% strategic + FE Credit consumer finance | Vietnam #2 private + Masan partnership |
| Country | VN + LA + KH | VN + 5+ countries | VN + 2 countries (DE + LA) | VN | VN |
| Distinctive | Dec 21 1991 Sacombank founding (Vietnam's first private joint-stock commercial bank); Jul 12 2006 Sacombank HOSE IPO (first Vietnamese commercial bank listed on Vietnamese stock exchange); 2008 Sacombank Laos subsidiary launch + 2017 Sacombank Cambodia subsidiary launch; 2014 Sacombank mBanking app launch; 2018 Sacombank Pay mobile wallet app launch; End-May 2025 Sacombank Pay 6.8M+ downloads + 6M+ cards + ~96% digital transactions; 2025 Sao Khue Award 5-star Digital Banking | 1963 Vietcombank founding as Vietnam's foreign trade bank; SBV 74.8% majority | Jul 26 1988 Vietnam Bank for Industry and Trade founding | 1993 VPBank founding; Mar 2023 SMBC USD 1.5B 15% strategic | 1993 Techcombank founding |
Status
Active, major Vietnamese private commercial bank + Sacombank Pay 6.8M+ downloads + active users May 2025 + 6M+ cards issued + ~96% Sacombank transactions via digital channels May 2025 [1, 2, 3]:
- Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank; HOSE: STB) since Dec 21 1991 Sacombank founding + Jul 12 2006 HOSE IPO + 2008 Sacombank Laos subsidiary + 2017 Sacombank Cambodia subsidiary + 2014 Sacombank mBanking + 2018 Sacombank Pay launch.
- Sacombank Pay 6.8M+ downloads + active users + 6M+ cards issued + ~96% digital channels transactions May 2025 + 2025 Sao Khue Award 5-star Digital Banking for Sacombank Pay.
- SBV regulated.
Sources
- 1 Sacombank Pay upgrades to new version, enhancing customer experience and convenience — Sacombank
- 2 Sacombank Pay launches new version with standout features — Vietnam News
- 3 Sacombank joins Cashless Day 2025 to promote the digital economy — Sacombank
- vn-cro In-corpus:
reports/countries/VN-vietnam.md
Source
Biography extracted from sacombank.md. See matrix.md for standards-support matrix if present.