ACB - Brief - [NONRATED] - 2Q26 Rising provisions and non-core slump
July 29, 2026
2Q26 PBT fell -11.9% YoY to VND5,367bn, dragged down by underperforming investment & FX activities, sluggish bad-debt recovery, and rising provision expenses. This performance fell short of our expectation. 1H26 PBT reached VND 10,735bn (+0.4% YoY), fulfilling 48% of the full-year 2026 target.
ACB - Brief - [NONRATED] - 2Q26 Rising provisions and non-core slump