INTRODUCTION CONSUMER
BANKING
CORPORATE
BANKING
NEWS NETWORK CONTACT
       
LATEST NEWS
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ACB honored with the Government's Emulation Flag 

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ACB opens 136th point of sale 

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ACB applied new technology for Home Banking 

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ACB's profit surged to VND 501 billion 

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ACB launches new deposit product called "UPSTAIR - WITH MORE BALANCE GROWS MORE INTEREST" 

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ACB launches super flexible program 

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First Sai Gon gold exchange inaugurated in Ha Noi 

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ACB increased interest rate of time deposit in USD 

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ACB inaugurates new branch in Ho Chi Minh City 

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ACB's young executives recognized as promising young bankers 

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The "Lucky Spring with ACB" program has drawn the winners  

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ACB increased interest rate of time deposit in USD 

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"Restructuring corporate governance in public companies" 

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ACB increased interest rate for gold deposit  

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ACB co-sponsored "University entry and career orienation program 2008" 

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The first credit promotion program in Vietnam "Borrow now for big prize" has drawn the winner  

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President Triet paid a New Year Visit to Asia Commercial Bank 

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Tet promotion for time deposits at ACB 

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First draw of ACB's promotion program: "More luck, more fun with ACB Master Card" 

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ACB succeeded in the issuance of nearly 10 million shares at the highest price of VND 200,000 per share 

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ACB honourably received "Most admired ASEAN Enterprise" cup in terms of Employment  

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ACB donated VND 1.5 billion to those who suffered severe flooding in Da Nang city, Quang Nam province, Thua Thien Hue province and Binh Dinh province  

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ACB opens Nga Bay Saigon Sub-branch and Ba Thang Hai Sub-branch 

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ACB to coordinate with Jardine Lloyd Thompson Asia to hold workshop on Basel II and Operational Risk Management  

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ACB held workshop for overseas-study consulting companies 

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ACB developed "Savings 5+" program 

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ACB inaugurated Nguyen Thai Son Sub-branch at Go Vap District  

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ACB to develop program on online secured loan 

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ACB developed week-term savings product  

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AIG Vietnam and ACB to sign Memorandum of Understanding on strategic cooperation 

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ANNUAL REPORT 2007  
 
MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS
 

ACB in 2007: Great Success - New Vision

 04
HISTORY AND OPERATIONS OF THE BANK
 

1. Milestones

07

2. Growth Path

09

3. Growth Orientations

11
REPORT BY THE BOARD OF DIRECTORS
 

1. Highlights in 2007 Performance

13

2. Major Changes in 2007

14

3. Prospects

14
REPORT BY THE CHIEF EXECUTIVE OFFICER
 

1. Financial Situation

16

2. Business Performance

17

3. Achievements

18

4. Business Plan

19
SUBSIDIARIES AND AFFILIATES
 

1. Companies Holding over 50% of ACB's Share Capital

22

2. Companies with 50% of Share Capital Being Held
by ACB

22

3. Activities of ACB's Wholly - Owned Companies

23
STRUCTURE AND PERSONNEL
 

1. Organizational Chart

28

2. The Management

30

3. Replacement of Chief Executive Officer in 2007

34

4. Compensation of the Management: Salary, Bonus and Other Benefits

34

5. Employees and Policies

34

6. Changes in the Board of Directors, the Management, Supervisory Board and Chief Accountant

36
SHAREHOLDERS AND CORPORATE GOVERNANCE
 

1. The Board Directors and the Supervisory Board

38

2. Statistics on Shareholders

46
FINANCIAL STATEMENT
47
AWARDS AND SOCIAL RECOGNITIONS
109
HIGHLIGHTS OF THE YEAR
110
CHARITABLE ACTIVIES OF THE YEAR
112
BRANCH NETWORK
114
Annual Report   2007  |  2006  |  2005 
 INTRODUCTION CONSUMER
BANKING
CORPORATE BANKING  NEWS  NETWORK  CONTACT
  Copyright © 2005 ACB, All rights reserved. Contact us: acb@acb.com.vn
  Asia Commercial Bank: 442 Nguyen Thi Minh Khai, Dist.3, HCMC - Tel: (848) 929 0999 - Fax: (848) 8399885 - Website: www.acb.com.vn
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