ABBank announces the list of shareholders owning 1% or more of its charter capital as of July 31, 2024, with 16 individual shareholders and 3 institutional shareholders, holding a total of 66.6% of the capital. When including related parties, the ownership percentage of these 19 shareholders reaches 89.11% of ABBank’s capital.
|
List of shareholders owning 1% or more of ABBank’s charter capital
Source: ABBank
|
Notably, this list does not include Mr. Vu Van Tien – Vice Chairman of ABBank. Instead, related parties to Mr. Tien hold more than 39% of ABBank’s capital, equivalent to nearly 407 million shares.
Specifically, the related parties of the Vice Chairman of ABBank include Mr. Vu Van Hau (Mr. Tien’s younger brother) holding 1.96%, Geleximco Group owning 12.78%, and Glexhomes holding 4.43%. In addition, related parties to Mr. Hau hold 15.45%, related parties to Geleximco Group hold 4.65%, and related parties to Glexhomes own 0.03% of ABBank’s capital.
From 2005 to April 24, 2018, Mr. Tien served as the Chairman of the Board of ABBank. However, according to the Law on Credit Institutions 2018, which took effect from January 15, 2018, the Chairman and General Director of a bank are not allowed to hold leadership positions in other enterprises. As a result, Mr. Tien officially stepped down as Chairman of ABBank on April 25, 2018, after more than 10 years of dedication.
Mr. Dao Manh Khang (born in 1969) replaced Mr. Tien as the Chairman of the Board of ABBank. According to the semi-annual governance report for 2024, Mr. Khang’s wife, Ms. Vu Thi Huong, is the Assistant to the Chairman and Assistant to the Vice Chairman of ABBank. It is known that Ms. Huong is Mr. Tien’s younger sister.
In addition to his role as Vice Chairman of ABBank, Mr. Vu Van Tien is also the leader of Geleximco, a multi-sector conglomerate, with main businesses in industrial production, infrastructure – real estate, finance – banking, and commerce – services.
Geleximco is a founding shareholder and co-owner of An Binh Commercial Joint Stock Bank and An Binh Securities Joint Stock Company.
In the real estate sector, Geleximco Group is the investor of prominent projects in Hanoi and northern provinces such as Giao Luu City, Gelexia Riverside, Geleximco Le Trong Tan Urban Area, Cai Dam Urban Area, etc. In 2019, the Group became the developer of the super-key project Dragon Ocean Do Son, officially entering the high-end resort real estate market.
|
Geleximco Group, formerly known as Hanoi General Export-Import Company – Geleximco, was established in 1993 by the Prime Minister’s decision with an initial charter capital of VND 3 billion. Today, Geleximco has become one of the largest private economic groups in Vietnam, with annual revenue of over VND 20,000 billion and total assets of VND 80,000 billion. |
