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At Sacombank's 2026 Annual General Meeting of Shareholders held on the morning of April 22 in Phu Tho, Sacombank (HOSE: STB) organized the 2026 AGM to approve the business plan, profit distribution, relocation of its head office, and a name change. The meeting opened with remarks from the Chairman, Duong Cong Minh, noting that 2025 marked an important milestone in the bank's development. In a context of macroeconomic volatility and challenging business conditions, the bank not only maintained stability in its operations but also progressed toward completing the restructuring plan, laying a solid foundation for a new phase of safe and sustainable growth. Through asset restructuring, optimizing profitability, and implementing major information technology projects aligned with the restructuring plan, the bank sustained high efficiency and maintained safety capital ratios. In addition to core operations, 2025 also focused on strengthening organizational capacity and streamlining the administrative apparatus. The consolidation of the network of branches and a careful, phased reorganization of human resources were implemented to ensure the entire system runs smoothly and stably. With these efforts, the bank achieved favorable results in handling bad debts and non-performing assets, meeting financial targets and resolving outstanding issues from previous periods. By 9:00 a.m., Sacombank had 135 shareholders present, representing more than 1.5 billion shares, about 80.6% of voting rights, ensuring the meeting's legitimacy under the Corporate Law and the bank's charter.
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