ABBANK Shareholders' Meeting 2024

On April 5, 2024, An Binh Commercial Joint Stock Bank (ABBANK) successfully held the 2024 General Meeting of Shareholders.

ABBank holds the 2024 General Meeting of Shareholders on April 5, 2024

Accordingly, ABBANK's Board of Shareholders approved the 2024 business development plan, focusing on improving business efficiency, promoting digital transformation and concentrating on implementing the Banking Strategy Renewal Project, transforming the operating model to suit the requirements of the new period.

Regarding business targets for 2024, ABBANK shareholders approved the pre-tax profit plan expected to reach 1,000 billion VND. Other important targets are also expected to grow, such as: total assets expected to reach 170,000 billion VND, up 5% compared to 2023; Outstanding credit balance reaching 116,272 billion VND and Mobilization from customers reaching 113,349 billion VND, both up 13.5% compared to 2023. Bad debt on total outstanding debt is expected to be controlled at below 3% in accordance with regulations of the State Bank of Vietnam (SBV).

Source: https://phunuvietnam.vn/dai-hoi-co-dong-abbank-2024-day-manh-chuyen-doi-so-va-trien-khai-du-an-lam-moi-chien-luoc-ngan-hang-20240408160705622.htm