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 focusing 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 have approved the pre-tax profit plan expected to reach VND 1,000 billion. Other important targets are also expected to grow, such as: total assets expected to reach VND 170,000 billion, up 5% compared to 2023; Outstanding credit balance reaching VND 116,272 billion and Mobilization from customers reaching VND 113,349 billion, 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).
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