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ACB's profit shoots up in Q3
ACB saw its pre-tax profit rising 13% year-on-year to VND5 trillion ($203.57 million) in the third quarter even as many lenders posted declines.
Asia Commercial Bank chairman goes viral for singing 'in the rain'
Tran Hung Huy, chairman of Asia Commercial Bank (ACB), gained attention for performing “Always Remember Us This Way” and “Co Don Tren Sofa” (Alone On the Sofa) in a recent event.
ACB lender reports 40% rise in profits
Asia Commercial Joint Stock Bank (ACB) made its biggest ever profit of VND17.1 trillion (US$724.58 million) last year, representing a year-on-year increase of more than 40%.
January 31, 2023 | 06:09 pm PT
Asia Commercial Bank has new CEO
Deputy CEO of Asia Commercial Bank (ACB) Tu Tien Phat became its CEO Friday, replacing Do Minh Toan who led the bank for more than nine years.
January 14, 2022 | 07:34 am PT
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.
October 25, 2021 | 11:20 pm PT
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
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
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
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
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
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 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
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
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