In the latest announcement, SCB said it has terminated operations (dissolved) of Dong Da Transaction Office - Song Han Branch since February 7. This transaction office is located at 303 Dong Da, Thach Trang Ward, Hai Chau District, Da Nang City.

This is the 6th transaction office of SCB to be dissolved since the beginning of 2025. Previously, on January 9, SCB dissolved 5 transaction offices at the same time in the provinces and cities: Ba Ria - Vung Tau, Khanh Hoa, Ho Chi Minh City and Hanoi.

With the recent dissolution of Dong Da Transaction Office, SCB has closed 145 transaction offices since June 2023 to present.

Recently, this bank also announced the results of the contractor selection for the package "renovating and relocating the Hanoi branch headquarters" with a winning bid price of more than 193 million VND.

SCB is one of five weak banks placed under special control by the State Bank. However, it is the only remaining bank that has not been forcibly transferred to another bank.

SCB has also recently announced that it will stop mobilizing deposit products in the form of receiving interest in advance for individual customers.

Accordingly, from January 22, 2025, SCB will stop mobilizing the form of receiving interest in advance with regular term savings products and online savings deposits.

Other forms of interest payment for deposit products will continue to apply. Existing deposit accounts with interest payment in advance, opened before January 22, will continue to be maintained until customers close.

SCB is the bank that currently lists the lowest deposit interest rate, at only 1.6%/year for a 1-2 month term when customers deposit online; 3-5 month term is 1.9%/year; 6-11 month term is only 2.9%/year; 12 month term is 3.7%/year and 13-36 month term is 3.9%/year.