Vietnam Best Bank: Asia Commercial Bank

Australia I China I Hong Kong I India I Indonesia I Japan I Malaysia I Mongolia I Pakistan I Philippines I Singapore I Taiwan I Thailand Asia Commercial Bank (ACB) is Vietnam’s fourth-largest bank, with $1.5 billion of assets but it is the largest joint stock banks and as such is one of the best run. Management controls more than one-third of the outstanding stock, with several institutional shareholders holding much of the balance. Standard Chartered Bank acquired a 8.56% stake for $22 million in 2005.

Australia I China I Hong Kong I India I Indonesia I Japan I Malaysia I Mongolia I Pakistan I Philippines I Singapore I Taiwan I Thailand Asia Commercial Bank (ACB) is Vietnam’s fourth-largest bank, with $1.5 billion of assets but it is the largest joint stock banks and as such is one of the best run. Management controls more than one-third of the outstanding stock, with several institutional shareholders holding much of the balance. Standard Chartered Bank acquired a 8.56%

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