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ABBank held its 2026 Annual General Meeting on April 28, 2026. The meeting saw Vũ Văn Tiền return as Chairman and call for measures to double employee benefits. In 2025 ABBank posted strong results with total assets of 220.392 trillion VND, deposits of 161.221 trillion VND, and loans of 127.591 trillion VND. Operating income reached 8.580 trillion VND, pre-tax profit 3.522 trillion VND, and net profit after tax about 2.798 trillion VND. Asset quality remained solid with NPL at 0.53% and loan loss coverage at 130.7%. Digital banking grew, with new personal and corporate customers up 92% and 95%, and digital transactions totaling 75 million. For 2026 ABBank targets total assets of 291.000 trillion VND, deposits of 247.417 trillion VND and loans of 138.930 trillion VND. The pre-tax profit target is 4.500 trillion VND, up 28% YoY, and the NPL target remains below 1.5%. Retail banking is expected to be the growth pillar, contributing around 70% of total income and serving 5 million individual customers. The bank plans to raise its charter capital to 20.245 trillion VND through three methods: 15% cash dividend, 20% rights issue to existing shareholders, and 5% ESOP. Proceeds will be used to support lending. ABBank also aims to move its listing from UPCoM to HOSE in Q4 2026. Voicing the strategy, CEO Le Manh Hung explained that back when Tiền returned as Chairman and Hung became CEO, Tiền instructed that the staff benefits must be doubled, arguing that shareholder value must grow to fund employee benefits. The ESOP was approved with a one-year retention requirement and a commitment that recipients contribute to rising the stock price. The leadership emphasised that the plan will continue this year. Regarding board remuneration, 2025 profits rose more than 3.5x; achieving the 4.500 trillion target requires continued effort, with a 270.000 trillion loan portfolio and a 9% growth room cited as context. The bank stressed its mid-sized, agile character and the importance of innovation and value creation for shareholders. The brand refresh featuring a dove symbol was described as signaling internal strength and sustainable growth. The AGM concluded with all resolutions approved.
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