Credit Rating Result
Hanoi, 21 October 2026 - VIS Rating has withdrawn the A- long-term issuer rating of An Binh Commercial Joint Stock Bank (ABBank) at the issuer’s request.
The rating presented in this announcement is effective from the date of the announcement and remains in effect unless and until it is superseded by a subsequent rating action. Please visit https://visrating.com/rating-results to obtain the latest update on the rating.
Rating rationale
We have decided to withdraw the rating following a review of the issuer’s request to withdraw its rating.
Prior to the withdrawal, the rating outlook was stable.
Established in 1993, ABBank is a small-sized privately owned commercial bank focusing on retail and small and medium-sized enterprise customers. ABBank benefits from partnerships with strategic shareholders, including Maybank—Malaysia’s largest bank—and Geleximco Group. As of end-2Q2026, ABB's total assets stood at VND 260 trillion, equivalent to about 1% of system assets.
Factors That Could Lead to an Upgrade/Downgrade
Rating methodology
Financial Institutions Rating Methodology.
For more detailed information, please refer to our full credit rating methodology at: here
Credit rating history
| Date | Rating type | Rating | Outlook | Action |
|---|---|---|---|---|
| 21 October 2026 | Long-term issuer credit rating | WR | - | Rating withdrawn |
| 22 October 2025 | Long-term issuer credit rating | A- | Stable | Affirm |
| 21 October 2024 | Long-term issuer credit rating | A- | Stable | First-time assignment |
Regulatory disclosures
For further specification of VIS Rating's Rating Symbols and Definitions, please see: here
ABB’s ownership stake in VIS Rating: 0%
The ownership ratio of ABB held by VIS Rating’s staff: 0%
Cases in which analysts and credit rating council members cease their participation in the credit rating contract before the contract expires and the reason for the cessation: 0
VIS Rating adheres to a stringent independence policy by current regulations governing the provision of credit rating services in Vietnam. This commitment extends to compliance with our conflicts-of-interest policy, aiming to uphold objectivity and independence when expressing opinions on credit ratings.
The rating has been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure.
This rating is solicited.
Regulatory disclosures contained in this rating announcement apply to the credit rating and, if applicable, the related rating outlook or rating review.
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Analyst & Committee
Primary Analysts
Rating Committee Members
Credit Rating Announcement Number
Public credit rating announcement no: VN0301412222-003-211026
Disclaimer
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