10 Financial Heavyweights Nominated for IR Awards 2024

The aforementioned financial powerhouses, namely ACB, CTG, HCM, HDB, MBB, MSB, SSI, STB, TCB, and TPB, have been nominated for the prestigious IR Awards 2024 in the Financial Large Cap category. These esteemed institutions are now vying for the top spots in the final voting round, showcasing their excellence in investor relations.

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The IR Awards 2024 nominations for the Financial Large Cap category include eight banks and two large securities companies in the stock market. This group of listed companies has a large market capitalization (over VND 10,000 billion) and operates in the financial sector, including banking, securities, and insurance industries.

– Voting period: From 00:00 on August 1, 2024, to 24:00 on August 14, 2024

– Online voting link: https://ir.vietstock.vn/binh-chon-dai-chung.htm

– Prize structure: Individual investors who participate in the voting will have a chance to win a Samsung Galaxy M35 5G phone, a VietstockFinance PRO account, and many other attractive prizes. https://ir.vietstock.vn/giai-thuong-cho-nha-dau-tu-binh-chon.htm

Financial Large Cap Group

The list of nominees for the IR Awards in the Financial Large Cap category (listed in alphabetical order of stock codes) is as follows:

  • ACB – Asia Commercial Joint Stock Bank
  • CTG – Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
  • HCM – Ho Chi Minh City Securities Corporation (HSC)
  • HDB – HCM Development Joint Stock Commercial Bank (HDBank)
  • MBB – Military Commercial Joint Stock Bank (MB)
  • MSB – Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank)
  • SSI – SSI Securities Corporation
  • STB – Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)
  • TCB – Vietnam Technological and Commercial Joint Stock Bank (Techcombank)
  • TPB – Tien Phong Commercial Joint Stock Bank (TPBank)
Stock price movement of the IR Awards nominees over the past year

Stock price movement

IR Awards 2024 Nominations

IR Awards was established in 2011 with the aim of creating a meaningful playground to raise awareness of the role and importance of investor relations activities, contributing to improving transparency in the stock market, encouraging the enhancement of information disclosure quality, and thereby strengthening investors’ confidence in Vietnam’s capital market. The program is organized by Vietstock, VAFE Association, and FiLi Electronic Magazine.

The top 10 Financial Large Cap companies are representative listed enterprises that have met the IR Awards nomination criteria, including criteria on IR activities, corporate governance, and financial transparency.

Summary of the IR Awards 2024 Nomination Criteria:

INVESTOR RELATIONS ACTIVITIES

  • Achieved the title of “Enterprise Meeting Information Disclosure Standards”
  • Stock has good liquidity
  • Stock has a good trading status
  • Attract foreign investment (*)
  • Successfully organized the Annual General Meeting of Shareholders
  • Success in attracting analysts (*)
  • Has English disclosures (*)
  • Comply with regulations on trading in shares of insiders and related persons of insiders

FINANCIAL TRANSPARENCY

  • All financial reports are fully disclosed
  • Annual and semi-annual financial reports are fully accepted by the auditor
  • Minimal differences in post-audit after-tax profit (*)

CORPORATE GOVERNANCE

  • Comply with regulations on corporate governance
  • Comply with dividend payment regulations
  • Comply with regulations on treasury stock trading
  • Governance reports disclose full content
  • Annual reports disclose comprehensive information
  • Annual reports are beautifully presented (*)
  • Has sustainability/ESG reporting
  • Performs internal audit functions
  • The Board of Directors has Independent Members
  • Does not fall into a loss-making situation while setting an optimistic business plan for the year

(*) Considered separately by market capitalization group

IR AWARDS 2024 ORGANIZING COMMITTEE

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