Asia Commercial Joint Stock Bank - Company Profile
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Asia Commercial Joint Stock Bank (ACB) is a financial institution engaged in providing a wide range of banking services. The bank's main activities include offering current accounts, loans, deposits, insurance, and card services. ACB's major products and services encompass personal and business loans, international and domestic money transfers, foreign exchange, and tax payment solutions. The bank serves individual and corporate clients. ACB operates through a network of branches, ATMs, and transaction offices, facilitating easy access to its services. The bank serves customers across various provinces and cities, targeting both domestic and international markets. The bank's services are designed to meet the needs of diverse industries, including manufacturing, trade, and real estate. ACB is headquartered in Ho Chi Minh City, Vietnam.
Headquarters
Vietnam
Address
442 Nguyen Thi Minh Khai, Phuong 05, Quan 3, Ho Chi Minh, Ho Chi Minh City
Website
www.acb.com.vn
Telephone
84 8 39290999
No of Employees
13,290
Industry
Financial Services
Ticker Symbol & Exchange
ACB (HCM)
Revenue (2024)
$2.4B
-4.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.6%
(2024 vs 2023)
Market Cap*
$4.9B
Net Profit Margin (2024)
XYZ
9.7%
(2024 vs 2023)
* As of and is in US$
Asia Commercial Joint Stock Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits and Accounts: | Foreign Exchange |
| Current Accounts | Remittance |
| Savings Accounts | Mobile Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In February, the bank launched the First Home loan package. |
| 2024 | New Products/Services | In August, the company launched a Store Management solution. |
| 2024 | Corporate Changes/Expansions | In June, the company inaugurated a new headquarters in Ho Chi Minh City, Vietnam. |
Competitor Comparison
| Key Parameters | Asia Commercial Joint Stock Bank | Joint Stock Commercial Bank for Investment and Development of Vietnam | Joint Stock Commercial Bank for Foreign Trade of Vietnam | Sai Gon Joint Stock Commercial Bank | Saigon Thuong Tin Commercial Joint Stock Bank |
|---|---|---|---|---|---|
| Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
| City | Ho Chi Minh | Hanoi | Hanoi | Ho Chi Minh City | Ho Chi Minh |
| State/Province | Ho Chi Minh City | - | Ha Noi | Ho Chi Minh City | - |
| No. of Employees | 13,290 | 29,816 | 23,814 | 7,000 | 16,734 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tran Hung Huy | Chairman | Executive Board | 2012 | - |
| Nguyen Thanh Long | Vice Chairman | Executive Board | 2013 | - |
| Dam Van Tuan | Director; Executive Vice President | Executive Board | 2012 | - |
| Tu Tien Phat | Chief Executive Officer; President | Senior Management | 2022 | - |
| Duong Thi Nguyet | Chief Accountant | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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