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  OTHER NEWS
ACB introduces "Flexible Investment" product
ACB GOLD - Value Forever
ACB honored with the Government's Emulation Flag
ACB opens 136th point of sale
ACB applied new technology for Home Banking
ACB's profit surged to VND 501 billion
ACB launches new deposit product called "UPSTAIR - WITH MORE BALANCE GROWS MORE INTEREST"
ACB launches super flexible program
First Sai Gon gold exchange inaugurated in Ha Noi
ACB increased interest rate of time deposit in USD
ACB inaugurates new branch in Ho Chi Minh City
ACB's young executives recognized as promising young bankers
The "Lucky Spring with ACB" program has drawn the winners
ACB increased interest rate of time deposit in USD
"Restructuring corporate governance in public companies"
ACB increased interest rate for gold deposit
ACB co-sponsored "University entry and career orienation program 2008"
The first credit promotion program in Vietnam "Borrow now for big prize" has drawn the winner
President Triet paid a New Year Visit to Asia Commercial Bank
Tet promotion for time deposits at ACB
First draw of ACB's promotion program: "More luck, more fun with ACB Master Card"
ACB succeeded in the issuance of nearly 10 million shares at the highest price of VND 200,000 per share
ACB honourably received "Most admired ASEAN Enterprise" cup in terms of Employment
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
ACB opens Nga Bay Saigon Sub-branch and Ba Thang Hai Sub-branch
ACB to coordinate with Jardine Lloyd Thompson Asia to hold workshop on Basel II and Operational Risk Management
ACB held workshop for overseas-study consulting companies
ACB developed "Savings 5+" program
ACB inaugurated Nguyen Thai Son Sub-branch at Go Vap District
ACB to develop program on online secured loan
 
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ACB's profit surged to VND 501 billion


As of 31 March 2008, ACB's total assets attained VND 100,000 billion; total mobilized funds soared to VND 81,000 billion; outstanding loan was VND 40,000 billion; pre-tax profit mounted to VND 501 billion.

ACB's total assets almost doubled, total mobilized funds was 1.8 times larger, pre-tax profit was 1.2 times higher year on year. Such impressive business performance of the first 3 months fortifies ACB's belief in achieving its profit target of VND 2,500 billion in 2008-end.

In commemoration of the 15th birthday anniversary of ACB (4/6/1993 – 4/6/2008), ACB constantly launches new products and services such as "Borrow now for big prize" program, "Superflexible" program. ACB also cooperated with ACB Securities Company to launch "Investor's deposit account management" program, "Online appointment arrangement" service on ACB's website at www.acb.com.vn, "Big joy with ACB" program and so on. In the first quarter of 2008, ACB launched Saigon Gold Exchange in Hanoi, inaugurated 5 new branches and sub-branches and put into operation 2 newly built offices. ACB's current national network of branches and sub-branches is up to 117.

Also in Quarter I of 2008, two ACB's Vice Presidents, Mr. Do Minh Toan, Head of Commercial Banking Division, was awarded as the sole recipient of "The Promising Young Banker Award for Vietnam 2007"; and Mr. Bui Tan Tai, Head of Consumer Banking Division, the sole recipient of "One of 100 Most Promising Young Bankers in the Asia Pacific and Gulf region" by The Asian Banker.


 
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