Asia Commercial Joint Stock Bank

Overview

Asia Commercial Joint Stock Bank (ACB) is a provider of retail and business banking solutions. Its offerings comprises a range of accounts and deposit services such as current, savings, term and foreign currency deposits; credit, debit, and prepaid cards; bancassurance; loans for personal needs, working capital, mortgage, project funding, and other business financing; private banking; and services including merchant services, foreign exchange, remittance, debt factoring, fiduciary services, cash management, import/export finance, letter of credit, and online banking services, among others. The bank offers investment management solutions including asset management, fund management, investment consultancy, and securities trading solutions. The bank caters to the financial needs of individuals, corporates, and SMEs through its branches and sub-branches spanned across Vietnam. ACB is headquartered in Ho Chi Minh City, Vietnam.
Key Stats
Address
442 Nguyen Thi Minh Khai, Phuong 05, Quan 3, HO CHI MINH, Vietnam
Headquarters

Vietnam

Contact

84 8 39290999

Website
www.acb.com.vn
No of Employees

11,618

Industry

Financial Services

Ticker Symbol & Exchange​

ACB [HCM]

Revenue (2020)

$1,604 m

10.7% (2020 vs 2019)
Net Income (2020)

$332 m

27.9% (2020 vs 2019)
Net Profit Margin

21 %

15.4% (2020 vs 2019)
Market Cap *

$3,817 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Asia Commercial Joint Stock BankJoint Stock Commercial Bank for Investment and Development of VietnamJoint Stock Commercial Bank for Foreign Trade of VietnamMilitary Commercial Joint Stock Bank
Key Information
Headquarters Vietnam Vietnam Vietnam Vietnam
Headquarter City HO CHI MINH HANOI HANOI HANOI
Headquarter State/Province - - - Ha Noi
No. of Employees 11,618 26,655 21,079 14,852
Entity Type Public Public Public Public

Products & Services

ACB is a provider of banking products and investment solutions. Key products and services that are offered by the bank include:

Products
  • Deposits and Accounts:
  • Current Accounts
  • Savings Accounts
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Mobile Banking
  • Internet Banking
  • Guarantee Services
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Nguyen Ngoc Nhu Uyen Chief Investment Officer; Executive Vice President Senior Management 2018 - Ms. Nguyen Ngoc Nhu Uyen has been the Chief Investment Officer and an Executive Vice President of the bank since...
Nguyen Van Hoa Chief - Accountant; Chief Financial Officer; Executive Vice President Senior Management 2017 - Mr. Nguyen Van Hoa has been the Executive Vice President of ACB since 2017. He also has been serving as...
Tran Hung Huy Chairman Executive Board 2013 - Mr. Tran Hung Huy has been the Chairman of the bank since 2013. Prior to this, he served as an...
Dam Van Tuan Executive Vice President - Human Resources; Director Executive Board 2012 - Mr. Dam Van Tuan has been the Head of Human Resources Division, an Executive Vice President, and a Director at...
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History

Year Event Description
2020 Stake Sale In November, the company sold its stake to VinaCapital Vietnam Opportunity Fund Limited for US$46.3…
2020 Contracts/Agreements In November, the company and Sun Life Vietnam Insurance Company entered into a 15-year bancassurance…
2019 Divestiture In July the bank was approved to increase its charter capital from VND12,885.9 billion to…
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2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Asia Commercial Bank Securities Company Ltd

Address

107N Truong Dinh Street, Ward 6, District 3, Ho Chi Minh City
Vietnam

Telephone

84 8 5404 3054

Website

www.acbs.com.vn
ACB Securities Co Ltd

Address

41 Mac Dinh Chi, Da Kao Ward, Ho Chi Minh City
Vietnam

Telephone

08 38234159

Website

www.acbs.com.vn

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
24 Nov 2020 VinaCapital Vietnam Opportunity Fund (VOF) to Invest USD46.3 Million in Asia Commercial Joint Stock Bank (Asia Commercial Bank) Private Equity VinaCapital Vietnam Opportunity Fund Ltd Asia Commercial Joint Stock Bank
19 Mar 2019 Asia Commercial Plans to Sell 10% Stake in Thuy Ta Acquisition Thuy Ta
18 Dec 2018 Asian Commercial Joint Stock Bank Plans to Raise USD96.6 Million of Non-Convertible Bonds Due 2028 Debt Offering Asia Commercial Joint Stock Bank

Jobs Overview

117

Active Jobs

32

Posted

45

Closed

Job Trends

Latest Jobs

Job title Company Country
BTB - Corporate Customer Relations Specialist Asia Commercial Joint Stock Bank Vietnam
NTB - Corporate Customer Relations Specialist Asia Commercial Joint Stock Bank Vietnam
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar