ACB and Sun Life Vietnam announce exclusive bancassurance partnership

ACB and Sun Life Vietnam announce exclusive bancassurance partnership

ACB and Sun Life Vietnam on November 18 announced that they have formed a 15-year exclusive bancassurance partnership in Vietnam.
Central bank approves ACB"s plan to raise charter capital

Central bank approves ACB"s plan to raise charter capital

The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD).
A string of banks land the HSX

A string of banks land the HSX

Following recovery plans after the pandemic came under control in Vietnam, many banks have recently announced plans to move their lists to the Ho Chi Minh City Stock Exchange (HSX).
Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ

Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
Manulife Vietnam forges bancassurance partnership with ACB

Manulife Vietnam forges bancassurance partnership with ACB

Manulife Vietnam announced a bancassurance partnership with ACB, signalling its commitment to helping more people live better lives.
Banks launch recruitment drives to prepare for year-end

Banks launch recruitment drives to prepare for year-end

Several banks have recently announced they would recruit a large number of personnel to meet their business expansion plans in the last quarter of the year - the busiest time for banks.
ACB approved to increase capital by paying dividend by stock

ACB approved to increase capital by paying dividend by stock

ACB plans to issue more than 374 million shares to increase its charter capital by VND3.74 trillion ($162.6 million) reach VND16.6 trillion ($721.74 million).
Financial experts urge caution against dollar loans

Financial experts urge caution against dollar loans

Experts have warned enterprises to be more cautious with their US dollar loans amidst a significant rise in the lending and appreciation of the greenback.
Moody’s upgrades rating of four banks in Vietnam

Moody’s upgrades rating of four banks in Vietnam

Moody’s has upgraded long-term local currency deposit and local- and foreign-currency issuer ratings of ACB, MB Bank, and Techcombank to B1.
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