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Asia Commercial Bank

About Asia Commercial Bank

Asia Commercial Bank (ACB) is a commercial bank. The bank provides consumer and corporate commercial banking services including deposits, corporate and consumer lending, and trade financing. It is based in Ho Chi Minh City, Vietnam.

Headquarters Location

442 Nguyen Thi Minh Khai st. Ward 5, dist.3

Ho Chi Minh City,


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Latest Asia Commercial Bank News

Stock market settlement to be speeded up by 4 hours

Aug 22, 2022

Investors sit watching share prices at an Asia Commercial Bank (ACB)'s securities trading floor in Hanoi on August 22, 2012. Vietnam's largest stock market keeps plunging after Vietnam police arrested Nguyen Duc Kien, a top banking tycoon on suspicion of illegal business activities. The benchmark VN Index on the Ho Chi Minh City Stock Exchange fell 1.59 percent at 410.23 on August 22, extending yesterday's 4.7 percent plunge, the biggest drop since October 2008. AFP PHOTO/HOANG DINH Nam The stock settlement cycle is set to be shortened by four hours, enabling investors to receive their share or money on the second morning after a transaction. Thus, from August 29, they will get them at 11-11:30 a.m on the second day (T+2) instead of the current 3:30-4 p.m. Now they have to wait until the next morning to sell securities they buy since trading ends at 2:45 p.m. Depository participants must transfer money and stocks to customers before 1:00 p.m and report to the Vietnam Securities Depository before 4:30 p.m. Post Views:2

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Asia Commercial Bank Frequently Asked Questions (FAQ)

  • Where is Asia Commercial Bank's headquarters?

    Asia Commercial Bank's headquarters is located at 442 Nguyen Thi Minh Khai st., Ho Chi Minh City.

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