Asia Commercial Joint Stock Bank (ACB)
Chairman
Mr Trần Hùng Huy
CEO
Mr Từ Tiến Phát
Authorized capital
Head Office
No. 442 Nguyen Thi Minh Khai, Ward 5, District 3, HCMC.
Website
Share
More info
Asia Commercial Joint Stock Bank (ACB) is one of the leading joint stock commercial banks in Vietnam, with a network of branches and transaction offices spanning 49 provinces out of 63 in the country and has more than 13,000 employees, with many variety of products and services.
.... updating
Related News
Five banks qualify for year-end credit room expansion
Five banks, including Vietinbank, ACB, VIB, Techcombank and MSB, have qualified for the credit room expansion in the last time of this year
VNBA's Secretary General received Moody's Rating delegation
On the afternoon of November 12, 2024, Dr. Nguyen Quoc Hung - Vice Chairman and Secretary General of the Vietnam Banks Association (VNBA) had a meeting and worked with the leaders of Moody's Rating Southeast Asia (Moody's) to discuss a number of issues related to credit ratings of credit institutions, ESG, green finance...
HCM City banks, businesses enhance connection for loans
HCM City’s programme to link banks and businesses to enable lending to the latter has greatly assisted them with accessing preferential credit and promoted lending growth, according to the State Bank of Vietnam.
Debt recovery methods to be cleaned up
Commercial banks in Vietnam are grappling with rising loans and regulatory gaps, especially concerning debt recovery and managing real estate collateral, and highlighting the urgent need for clearer guidance on land use and leasing.
Many banks stop transactions of ATM magnetic cards
Many banks have recently announced they are stopping transactions of domestic automated teller machine (ATM) cards with magnetic strips, to ensure security for customers in the context of increasing cyber crimes.
Banks set to stimulate credit growth in last quarter
Banks are developing favourable credit schemes for the manufacturing and business sectors, while relaxing lending standards across all customer groups and the majority of loan sectors in the last quarter of the year.
Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi
Several private and State-owned banks have reduced interest rates and offered debt relief for customers affected by Typhoon Yagi.
Banks still counting profit from securities trading
Despite market volatilities, many banks still count healthy profits from securities trading.
Bad debts remained a challenge for banks in H1
Banks' non-performing loans continued to grow in the first half of this year, with some banks even witnessing double-digit growth, whereas their loan loss reserve ratio trended downwards.
Low lending rates may boost credit growth
A slight increase in deposits recently has not affected lending rates, which banks are keeping low in hopes of facilitating the flow of credit.
Top 10 reputable commercial banks for 2024 unveiled
The Vietnam Report JSC on June 10 unveiled its annual list of Việt Nam’s Top 10 Reputable Commercial Banks for 2024.
14 banks are systemically important in 2024
The State Bank of Vietnam (SBV) has issued the Decision No. 538/QD-NHNN approving the group of credit institutions and foreign bank branches which play an important role in the country's banking system in 2024.