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ACB profit flat as expenses, bad debt provision jump

ACB profit flat as expenses, bad debt provision jump

Asia Commercial Joint Stock Bank said reported flat profits of VND2.6 trillion ($114.09 million) for Q3, as operating expenses and provision for bad debts rose sharply.
Lender ACB profits skyrocket

Lender ACB profits skyrocket

Lender ACB reported a 61.3-percent surge in profits in the first quarter to VND3.1 trillion ($134 million).
April 7, 2021 | 01:00 am PT
ACB expects profits to top $460 mln

ACB expects profits to top $460 mln

Asia Commercial Bank has set itself a profit target of VND10.6 trillion ($460.8 million) for 2021, up 10 percent from last year.
March 15, 2021 | 08:00 pm PT
Investment fund Dragon Capital to sell 4.76 percent stake in ACB

Investment fund Dragon Capital to sell 4.76 percent stake in ACB

Asset management company Dragon Capital has registered to sell a 4.76 percent stake its funds own in lender ACB.
March 5, 2021 | 11:42 pm PT
VOF invests $46.3 mln in ACB stock

VOF invests $46.3 mln in ACB stock

VinaCapital Vietnam Opportunity Fund has poured $46.3 million into acquiring shares of the Asia Commercial Bank (ACB), which has seen a surge in profits.
November 24, 2020 | 02:10 am PT
ACB gets listing approval from Ho Chi Minh Stock Exchange

ACB gets listing approval from Ho Chi Minh Stock Exchange

The Ho Chi Minh Stock Exchange, the country’s main bourse, has approved the listing of Asia Commercial Bank.
November 20, 2020 | 11:13 pm PT
Main stock exchange to list two new bank stocks

Main stock exchange to list two new bank stocks

VIB has received approval for listing on the Ho Chi Minh Stock Exchange, the second lender to list this year after LienVietPost Bank.
October 16, 2020 | 07:06 pm PT
Two foreign funds to cut ACB stakes

Two foreign funds to cut ACB stakes

Two foreign investment funds have registered to reduce their stakes in Asia Commercial Bank by over 2 percent.
October 7, 2020 | 07:53 pm PT
Local banks continue issuing bonds to raise capital

Local banks continue issuing bonds to raise capital

Vietnamese banks are persisting with the issue of bonds to comply with credit safety regulations and meet rising credit demand.
May 27, 2019 | 07:45 pm PT
ACB to divest from Thuy Ta Ice-cream firm

ACB to divest from Thuy Ta Ice-cream firm

The Asia Commercial Bank (ACB) has registered to divest its 10 percent stake in the Thuy Ta ice cream company.
March 19, 2019 | 12:28 am PT
 
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