FiinGroup Supports ACB in Strengthening a Comprehensive Financial Services Ecosystem

Named “Best Commercial Bank in Vietnam 2024” by Global Banking and Finance Review, Asia Commercial Joint Stock Bank (ACB) has been actively developing a comprehensive financial services ecosystem. This ecosystem is designed to maximize support for both foreign institutional investors and domestic fund management companies, contributing to capital market development and aligning with Vietnam’s ambition to achieve an upgraded market classification in the near future. On this journey, FiinGroup’s comprehensive data solutions are proud to support ACB in achieving its strategic objectives. 

Mr. Huynh Duy Sang, Head of Financial Markets Division at ACB, previously stated: 
"ACB has always believed in the vast potential of Vietnam’s capital market. Leveraging our competitive edge as a leading domestic bank, with high service quality and deep market insights, ACB is committed to acting as a trusted bridge between institutional investors and the Vietnamese stock market." 

Since officially becoming a depository member of the Vietnam Securities Depository and Clearing Corporation (VSDC) in August 2024, ACB has made a series of strategic moves to enhance its financial services ecosystem. These include launching custody and fund accounting services for domestic fund managers, and - together with ACBS (ACB Securities) and ACBC (ACB Capital) - offering end-to-end support for institutional investors. To achieve its ambitious goals, ACB has selected FiinGroup as its strategic data partner, utilizing its high-quality, standardized data solutions. 

On one hand, FiinGroup’s transparent financial and corporate data platform enables ACB to: 

✅ Access timely and accurate market information 

✅ Support investor analysis 

✅ Monitor market movements and forecast trends 

✅ Manage investment portfolios 

✅ Conduct accurate financial product valuations 

✅ Strengthen credit risk management through early warning capabilities 

On the other hand, by leveraging FiinGroup’s data infrastructure, ACB is also accelerating its digital transformation - integrating AI and Big Data into its services, optimizing its data systems, reducing investment costs, and standardizing data management practices. This is especially timely ahead of Vietnam’s new Data Law coming into effect in July 2025. 

Despite a challenging macroeconomic environment in 2024, ACB maintained stable growth and reaffirmed its industry-leading position in asset quality thanks to its agile business strategy, strong commitment to innovation, and exceptional risk management practices. ACB’s total outstanding credit reached VND 581 trillion, up 19.1% year-to-date, with a non-performing loan (NPL) ratio of 1.39% (excluding CIC data), among the lowest in the Vietnamese banking system. Since 2015, ACB’s NPL ratio has consistently remained well below the Top 10 largest banks by total assets. It is also recognized as one of the most prudently managed banks in Vietnam in terms of risk governance. 

This reinforces the quality and impact of FiinGroup’s products and services in helping ACB effectively manage risk and build a strong foundation for long-term, sustainable growth. 

Mr. Nguyen Duc Thai Han, Deputy CEO of ACB and Board Member of ACBC, commented: 
"ACB firmly believes that FiinGroup is a valuable partner in our efforts to develop the market, deliver accurate and timely information to investors, and support well-informed decision-making. We have established a dedicated Securities Custody and Fund Services Department to provide depository and clearing services for foreign investors, as well as fund accounting and custodian services for local fund managers. Our collaboration with FiinGroup is expected to enhance the quality of our services and help expand ACB’s comprehensive financial ecosystem." 

By strengthening its full-service financial ecosystem, ACB continues to address long-term economic, environmental, and social issues, contributing to a more prosperous and equitable society. On this journey, FiinGroup remains committed to standing alongside ACB in realizing its vision. 

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