In the first 9 months of 2024, ABBANK recorded positive results in digital transformation.

As of September 30, 2024, An Binh Commercial Joint Stock Bank (ABBANK) recorded a breakthrough in the number of transactions on digital banking channels and growth in outstanding loans. Capital framework indicators continue to be guaranteed according to regulations. ABBANK also actively joined hands in supporting recovery after Typhoon Yagi and accompanying customers in business development.

Specifically, ABBANK's total assets at the end of the third quarter of 2024 reached VND 164,115 billion, an increase of 8% compared to the end of the second quarter of 2024, an increase of 1.3% compared to the beginning of the year; Total mobilization reached VND 147,018 billion, an increase of 8.8% compared to the second quarter, an increase of 1.6% compared to the beginning of the year; Total outstanding loans increased by 6.3% compared to the second quarter and an increase of 3.5% compared to the beginning of the year.

ABBANK's solid capital framework continues to be demonstrated through the capital adequacy ratio (CAR) reaching 11.02% - always in the group of banks with high capital adequacy compared to the 8% level prescribed by the State Bank.

ABBANK actively joins hands in supporting recovery after typhoon Yagi and accompanies customers in developing production and business.

In the third quarter of 2024, ABBANK also achieved a profit from service activities of VND 290 billion, an increase of 43% compared to the end of the second quarter of 2024.

In addition to the policy to support customers to overcome natural disasters, many interest rate support programs for production and business development continue to be implemented by ABBANK throughout the beginning of 2024, such as: the program "Connecting needs - Expanding solutions" for SME customers with a total limit of up to 8,000 billion VND, special preferential interest rates from 5%/year; or the program "Easy loans - Business as desired" for individual customers with interest rates from only 4.99%/year and many other convenient solution packages.

Source: ABBANK

Source: https://phunuvietnam.vn/9-thang-nam-2024-abbank-ghi-nhan-ket-qua-tich-cuc-trong-chuyen-doi-so-tin-dung-tang-truong-khung-von-vung-chac-20241030161036724.htm