Asia Commercial Bank
Encyclopedia
Asia Commercial Bank, often abbreviated to the ACB, is the largest private bank
in Vietnam
by asset
s, headquartered in Ho Chi Minh City
. It was founded in June of 1993. The bank's stock
is listed at Hanoi Securities Trading Center
, its symbol is ACB.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
in Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
by asset
Asset
In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset...
s, headquartered in Ho Chi Minh City
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
. It was founded in June of 1993. The bank's stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
is listed at Hanoi Securities Trading Center
Hanoi Securities Trading Center
Hanoi Securities Trading Center located in Hanoi, Vietnam, was launched in March 2005 and handles auctions and trading of stocks and bonds...
, its symbol is ACB.