ACB – Key takeaways from 2020 AGM – AGM NOTE
- Asia Commercial J.S. Bank’s (ACB) 5M20 PBT reached c.VND3,500bn, forming 42.8% our FY20F PBT forecast.
- ACB expects FY20F NPL ratio to stay below 1%, and under 2% in the worst-case scenario.
- Reiterate Add, with a TP of VND28,500/share.
|
Market Price
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Target Price
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Dividend Yield
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Rating
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Sector
|
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VND23,700
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VND28,500
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0%
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ADD
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BANKS
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