{"id":18645,"date":"2023-04-13T13:56:33","date_gmt":"2023-04-13T06:56:33","guid":{"rendered":"https:\/\/gtht.com.vn\/?post_type=research&#038;p=18645"},"modified":"2023-04-13T13:56:33","modified_gmt":"2023-04-13T06:56:33","slug":"gtjasvn_acb-equity-report_agm-2023_april-2023","status":"publish","type":"research","link":"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/","title":{"rendered":"GTJASVN_ACB Equity Report_AGM 2023_April 2023"},"content":{"rendered":"<p><span style=\"font-size: 14px\">On April 13, 2023, ACB held AGM 2023 with key contents as follows:<\/span><\/p>\n<p><span style=\"font-size: 14px\">&#8211; <strong>Business plan 2023<\/strong>: credit growth of 9.7%, PBT increase of 17.2%. Growth of individual loans would be 12%-13% (it reached 20% in 2022).<\/span><\/p>\n<p><span style=\"font-size: 14px\">&#8211; <strong>Dividend payment plan<\/strong>: the bank will pay the dividend for the year 2022 which includes 15% in shares and 10% in cash. It is expected to be implemented in the third quarter.<\/span><\/p>\n<p><span style=\"font-size: 14px\">&#8211; <strong>Q1\/2023 business results<\/strong>: PBT reached VND5,120 billion, up 24%yoy (achieve 26% of the year plan). Credit decreased slightly by 0.6%ytd due to credit decline in the first 2 months. By March, credit increased by 2.2%mom.<\/span><\/p>\n<p><span style=\"font-size: 14px\">&#8211; <strong>NPL ratio<\/strong> at the end of Q1 was 0.94%. Real estate loans accounted for 24% of total credit (20% for home loans, <1% loan for project investment).<\/span><\/p>\n<p><span style=\"font-size: 14px\">&#8211; The bank has <strong>no M&#038;A plan<\/strong> in the short term.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 14px\"><strong>Comment:<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14px\">In general, ACB&#8217;s business activities remained stable in Q1. The business plans are conservative with a mid-range growth target this year. Currently, ACB still maintains a prudent business model with low risk in asset quality compared to peers.<\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-18645","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\" \/>\n<meta property=\"og:description\" content=\"On April 13, 2023, ACB held AGM 2023 with key contents as follows: &#8211; Business plan 2023: credit growth of 9.7%, PBT increase of 17.2%. Growth of individual loans would be 12%-13% (it reached 20% in 2022). &#8211; Dividend payment plan: the bank will pay the dividend for the year 2022 which includes 15% in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/gtjasvn_acb-equity-report_agm-2023_april-2023\\\/\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/gtjasvn_acb-equity-report_agm-2023_april-2023\\\/\",\"name\":\"GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#website\"},\"datePublished\":\"2023-04-13T06:56:33+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/gtjasvn_acb-equity-report_agm-2023_april-2023\\\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#website\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/\",\"name\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gtht.com.vn\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#organization\",\"name\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/faviicon-1.jpg\",\"contentUrl\":\"https:\\\/\\\/gtht.com.vn\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/faviicon-1.jpg\",\"width\":1067,\"height\":1067,\"caption\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\"},\"image\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>","yoast_head_json":{"title":"GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/","og_locale":"en_US","og_type":"article","og_title":"GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","og_description":"On April 13, 2023, ACB held AGM 2023 with key contents as follows: &#8211; Business plan 2023: credit growth of 9.7%, PBT increase of 17.2%. Growth of individual loans would be 12%-13% (it reached 20% in 2022). &#8211; Dividend payment plan: the bank will pay the dividend for the year 2022 which includes 15% in [&hellip;]","og_url":"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/","og_site_name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/","url":"https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/","name":"GTJASVN_ACB Equity Report_AGM 2023_April 2023 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","isPartOf":{"@id":"https:\/\/gtht.com.vn\/#website"},"datePublished":"2023-04-13T06:56:33+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtht.com.vn\/en\/research\/gtjasvn_acb-equity-report_agm-2023_april-2023\/"]}]},{"@type":"WebSite","@id":"https:\/\/gtht.com.vn\/#website","url":"https:\/\/gtht.com.vn\/","name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","description":"","publisher":{"@id":"https:\/\/gtht.com.vn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtht.com.vn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gtht.com.vn\/#organization","name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","url":"https:\/\/gtht.com.vn\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gtht.com.vn\/#\/schema\/logo\/image\/","url":"https:\/\/gtht.com.vn\/wp-content\/uploads\/2025\/05\/faviicon-1.jpg","contentUrl":"https:\/\/gtht.com.vn\/wp-content\/uploads\/2025\/05\/faviicon-1.jpg","width":1067,"height":1067,"caption":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)"},"image":{"@id":"https:\/\/gtht.com.vn\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/research\/18645\/"}],"collection":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/research\/"}],"about":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/types\/research\/"}],"author":[{"embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/users\/12\/"}],"wp:attachment":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/media\/?parent=18645"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=18645"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=18645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}