ACBS raises charter capital to nearly $400 million
ACBS raises charter capital to nearly $400 million
The capital injection comes from Asia Commercial Bank (ACB), allowing ACBS to join the top five largest securities firms in terms of charter capital in Việt Nam.
An office of the Securities Company Limited (ACBS). — Photo acbs.com.vn |
ACB Securities Company Limited (ACBS) has received approval from the State Securities Commission and the Ministry of Finance to increase its charter capital by VNĐ3 trillion (US$119 million), bringing the total to VNĐ10 trillion ($396 million).
The capital injection comes from Asia Commercial Bank (ACB), allowing ACBS to join the top five largest securities firms in terms of charter capital in Việt Nam.
Over the past three years, ACBS has undergone three significant capital increases from its parent bank. These include a VNĐ1 trillion increase in 2023, followed by a VNĐ3 trillion increase in 2024 and another VNĐ3 trillion in early 2025. The continuous capital expansion aims to support margin lending, technological system upgrades and the expansion of brokerage services.
By the end of 2024, ACBS reported pre-tax profits exceeding 100 per cent of its target. The firm also saw a more than twofold increase in total assets, marking its highest level since inception. Margin lending witnessed exceptional growth, with loan balances and investment activities tripling compared to early 2024.
In December 2024, ACBS launched a new core trading system, boosting order speed and capacity to over 800 orders per second. Moving forward, the company plans to integrate investment products and AI advisory tools for a better trading experience.
With additional capital from ACB, ACBS is well-positioned to seize growth opportunities in 2025, particularly as Việt Nam moves closer to an FTSE Emerging Market upgrade and progresses toward meeting MSCI requirements.
Analysts project that Việt Nam's stocks could account for 0.7 - 0.9 per cent of FTSE’s Secondary Emerging Market index, attracting between US$300 - 400 million in Exchange Traded Funds inflows.
For the full year 2025, market analysts forecast average earnings growth of 15-16 per cent for listed companies, with average daily liquidity expected to reach VNĐ23.6 trillion per session. This momentum is driven by both domestic and foreign investors, particularly in undervalued stocks that remain attractive compared to historical valuations.
