Asia Commercial Joint Stock Bank - Company Profile
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Business Description
Asia Commercial Joint Stock Bank (ACB) is a provider of retail and commercial banking products, asset and investment management solutions, and financing and leasing solutions to individuals, investors, SMEs, and institutional clients. As of December 31, 2022, it had assets of VND607,875,185 million, deposits of VND413,952,789 million, and loans to customers of VND413,706,244 million.
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Business Segments
Overview
Comprises operations of ACB Asset Management Company Limited, which mainly deals with overdue debts and bad debts authorized by ACB. Also executes trades in assets acquired from debt resolution dealings.
Performance
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Overview
Provides banking and related financial services such as accounts; debit, credit, and prepaid cards; loans and mortgages; international banking; merchant services; cash management; financial guarantees; mobile and online banking; foreign exchange; and funds transfer services; among others to retail individuals and corporate clients. Also provides privilege banking and bancassurance services.
Performance
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Overview
Offers financial leasing to trade securities, and trade finance solutions through ACB Financial Leasing Company. Provides funding services for machinery and equipment providers.
Performance
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Overview
Provides investment solutions through ACBS’s subsidiary-ACB Fund Management Company.
Performance
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Overview
Includes securities-related solutions such as consultancy services for securities investment; securities deposit services, and foreign currency and gold trading through ACB Securities Company Limited (ACBS).
Performance
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