ACB informs about inspection conclusion, affirms commitment to transparency and openness

(Chinhphu.vn) - After the announcement of the inspection conclusion of the Government Inspectorate, on October 17, 2025, Asia Commercial Joint Stock Bank (ACB) issued a press release providing official and transparent information on a number of contents stated in the inspection conclusion of the competent authority in a receptive spirit, completing all remedial contents and sending a remedial report and protecting the rights of shareholders, investors and customers.

ACB is committed to always complying with governance standards and financial transparency, while maintaining stability to serve customers, shareholders and partners sustainably.

According to the conclusion of the Government Inspectorate , the two bonds issued by ACB on December 19, 2018 and December 6, 2019 were intended for medium- and long-term lending as stated in the issuance plan. According to the inspection conclusion, ACB used the capital mobilized from two bond issuances with a total value of VND 3,700 billion for both medium- and long-term lending.

Responding to this information, ACB stated that the two bonds issued by ACB on December 19, 2018 and December 6, 2019 were intended to use the capital stated in the issuance plan for medium and long-term lending. Accordingly, the bank cannot accurately determine the data on the use of proceeds from individual bonds for each loan and each customer. The reason is that all proceeds from bond issuance are not tracked separately by banks but are mixed into business capital, then disbursed to individuals and organizations that borrow capital.

ACB will review and correct as required by authorities from September 24, 2025.

According to information from ACB, during the inspection process, because the reported data at some points did not match the time and included short-term loans, a request arose to review and correct according to the regulations of the inspection agency. ACB also completed all the corrections and submitted the correction report on September 24, 2025, in accordance with the request from the competent authority.

As a private bank that has pioneered the goal of implementing sustainable development according to the environmental, social and governance (ESG) pillars, ACB always adheres to governance standards and financial transparency, while maintaining stability to serve customers, shareholders and partners in a sustainable manner. With this event, the bank demonstrates its openness and transparency to develop stably and sustainably, contributing to the development of the financial and banking industry.

MT

Source: https://baochinhphu.vn/acb-thong-tin-ve-ket-luan-thanh-tra-khang-dinh-cam-ket-minh-bach-va-cau-thi-102251018161101953.htm