Board members of Vietnam’s Sacombank are seeking shareholder approval to switch the bank’s listing to the Hanoi Stock Exchange from the Ho Chi Minh Stock Exchange, a bank resolution on Tuesday showed.
Sacombank, or Saigon Thuong Tin Commercial Joint Stock Bank, is among Vietnam’s biggest private-listed banks.
It would be delisted from the Ho Chi Minh Stock Exchange, the country’s main bourse, if shareholders approve the resolution.
The bank, which has had a new chairman since June, did not give a reason or a time frame for the move.
