ABBANK General Meeting of Shareholders in 2025: Pre-tax profit plan reaches 1,800 billion VND, focusing on implementing sustainable development strategy

On April 18, 2025, ABBANK held its Annual General Meeting of Shareholders in Hanoi.

Mr. Dao Manh Khang - Chairman of the Board of Directors shared: "ABBANK aims for stronger growth in 2025 based on the foundations built over the past years, promoting the bright spots achieved as well as drastic transformation actions in 2024. At the same time, ABBANK will continue to strengthen internal strength, accelerate digital transformation, and focus on implementing the sustainable development strategy in 2025".

Reporting at the General Meeting of Shareholders, ABBANK will focus on 05 key tasks in 2025 including: (1) Promoting fundamental business activities towards enhancing customer experience; (2) Streamlining and optimizing the operating system; (3) Strengthening business capacity, putting customers at the center; (4) Strengthening risk management and improving operational efficiency; (5) Implementing sustainable development initiatives according to ESG standards.

In 2025, ABBANK aims to promote sustainable development through a deep understanding of the micro market and customer needs. The "understanding customers" strategy has contributed to positive results in 2024, increasing the number of customers in the two groups of KHCN and SME by 7.17% and 4.81% respectively compared to the same period in 2023. Following the success of the digital banking application for corporate customers (ABBANK Business), in December 2024, the completely new digital banking application for individual customers named ABBANK is expected to complete the conversion from the AB Ditizen application in the second quarter of 2025.

ABBANK determined to continue accelerating digital transformation, improving business efficiency based on customer understanding and focusing on implementing sustainable development strategy in 2025.

The meeting approved the termination of Mr. John Chong Eng Chuan's membership in the Board of Directors due to the change of Maybank's capital representative at ABBANK, the dismissal of Mr. Tran Ba ​​Vinh as an independent member of the Board of Directors according to his personal wishes; the election of Mr. Syed Ahmad Taufik Albar as a member of the Board of Directors and the election of Mr. Trinh Thanh Hai as an independent member of the Board of Directors to replace the newly dismissed members of the Board of Directors.

The Congress also approved other reports and proposals on the agenda of the meeting; Charter, Internal regulations on governance, Regulations on the operation of the Board of Directors, Regulations on the operation of the Board of Supervisors based on reviewing, amending and supplementing current documents to comply with the new provisions of the Law on Credit Institutions 2024; approved the proposed remedial plan in case of early intervention as prescribed in Article 143 of the Law on Credit Institutions.

Source: An Binh Commercial Joint Stock Bank

Source: https://phunuvietnam.vn/abbank-2025-shareholders-meeting-plan-to-return-on-land-revenue-of-1800-billion-dong-focus-on-the-development-of-the-region-20250421104009436.htm