Nam Phung

ABBANK

An Binh Bank (ABBANK) is one of the leading commercial joint-stock banks and among top ten largest commercial banks in terms of charter capital in Vietnam. After 15 years of development since its establishment in 1993, ABBANK has made major breakthrough over the last 3 years, particularly through its cooperation with giant domestic and foreign corporates as follows: - Electricity of Vietnam (EVN) – ABBANK's strategic shareholder, owning 27% of ABBANK's charter capital. - Maybank, the largest bank in Malaysia – foreign strategic shareholder, holding 15% of ABBANK's shares. ABBANK's current charter capital exceeds VND 2,700 billion and its national network of nearly 70 branches and sub-branches covers 20 cities and provinces as of 2008. Through its distribution channel, ABBANK provided products and services to thousand of corporates and ten thousands of consumers. Over the past 2 years, ABBANK's total assets, incomes and profit kept growing more than 300%. ABBANK currently aims at 3 categories of customers: corporates, individuals and investors: Corporate banking: ABBANK provides corporates with all-in financial-banking products and services such as loans, factoring, guarantee services, import/export financing, account services, trade services… Consumer banking: ABBANK provides individuals with fast and complete credit products as well as flexible savings products such as installment loan for house/land purchase or house renovation; installment loan for house/land purchase with tenor up to 30 years and life insurance for consumer; installment loan for car purchase; unsecured loan for consumption; installment loan for manufacturing; working capital financing; flexible secured loan for consumption; YOUsaving products: interest rate based on actual deposit days, escalating savings,… and payment services, internal and external remittance…