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After a year of strong business results, ABBank, the An Bình Commercial Joint Stock Bank, will hold its 2026 annual general meeting (AGM) on April 28, with key agenda items including business plans, a proposed capital increase, and a potential move to list on HOSE.
According to published documents, in 2025 ABBank recorded VND 3,522 billion in pre-tax profit. This figure represents nearly 200% of the year’s plan and is up 352.4% from 2024, reflecting improved operating efficiency and providing a basis for higher growth targets in the next period.
At the AGM, ABBank is expected to present its 2026 business plan, including a target pre-tax profit of VND 4,500 billion. The operating direction focuses on expanding scale while controlling asset quality, aiming for sustainable growth rather than growth driven solely by size.
Shareholders are also expected to pay close attention to the bank’s plan to raise charter capital. The proposal includes issuing shares to existing shareholders at a substantial rate and implementing an ESOP program for employees.
If completed, ABBank’s charter capital would rise to over VND 20,000 billion, strengthening its financial capacity, improving the capital adequacy ratio, and creating room for credit growth in the coming years.
A highlight of the AGM is the plan to list ABB shares on HOSE. If approved, the transfer of the listing venue is expected to support higher governance standards and greater transparency, while also helping ABBank broaden its investor base, improve stock liquidity, and strengthen its market position.
The AGM is expected to review and present the 2025 profit distribution plan, with allocations prioritized for funds such as additional capital reserves and financial provisions, as well as a reward/welfare fund, before dividend payments are considered.
In addition, the meeting will review and approve annual reports, including the audited financial statements for 2025, as well as reports from the Board of Directors and the Supervisory Board.
With the banking sector facing intensifying competition and higher requirements for capital adequacy, risk management, and digital transformation, the decisions at ABBank’s 2026 AGM are expected to influence the bank’s mid-term development strategy—spanning performance targets, capital strengthening, and potential exchange listing.
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