Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »ABBANK profits falls sharply on bad debt provisioning
Customers conduct transaction at an ABBANK branch in HCM City. — Photo courtesy of the bank HCM CITY — An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against …
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