Amidst the volatile economic environment, ACB has maintained its growth momentum thanks to its synchronous development strategy, strict risk control and optimized operating costs. The cost-to-income ratio (CIR) is well controlled at 34%, enabling the bank to maintain operational efficiency while supporting customers with incentive programs.

A bright spot in the first quarter of 2025 was the service sector. Revenue from service fees increased by more than 17% over the same period last year, of which the card business increased sharply by 161%, contributing positively to non-interest income. As a result, the ratio of non-interest income to total revenue increased to 20%, showing that ACB is gradually reducing its dependence on interest income.

Credit continued to grow steadily, reaching VND590,000 billion, up 3.1% over the same period last year. The bank also recorded positive signals from credit quality when the bad debt ratio decreased slightly to 1.48%. Capital mobilization scale reached VND664,000 billion, up 4% compared to the end of 2024, ensuring resources to serve the needs of credit growth and stable liquidity.

ACB also maintained good capital adequacy ratios: loan-to-deposit ratio (LDR) of 79.8%, short-term capital to medium- and long-term lending ratio of 18.8% and consolidated capital adequacy ratio (CAR) of over 11%, higher than the minimum requirement of Basel II.

Sharing about the development orientation, Mr. Tu Tien Phat, General Director of ACB said: "ACB is steadfast in its strategy of becoming the leading retail bank in Vietnam, linking business efficiency with the goal of sustainable development, creating long-term value for customers, shareholders and the community" .

In addition to business performance, ACB continues to make its mark as a pioneering private bank in sustainable development. In the first quarter of 2025, ACB released the 2024 Sustainability Report, the third consecutive year of publishing this report and is the first bank in Vietnam to apply the United Nations Principles for Responsible Banking.

This year's report adds a sustainable economic element, clearly reflecting ACB's role in contributing to the economy and community through ESG initiatives. Also at the 2025 Shareholders' Meeting, ACB is the first bank to simultaneously issue an Annual Report and a Sustainability Development Report.

Not stopping there, ACB also actively participates in social activities such as coordinating with the People's Committee of Ho Chi Minh City to donate 1,600 trash bins to more than 120 schools to spread awareness of environmental protection. With practical contributions, ACB was honored in the Top 50 Outstanding Enterprises of Ho Chi Minh City, and is also one of the private banks contributing the largest budget in the country with more than 5,500 billion VND in 2024.

Source: https://thoibaonganhang.vn/acb-huong-den-phat-trien-ben-vung-163233.html