Orient Commercial Joint Stock Bank Overview and Performance

Orient Commercial Joint Stock Bank is one of Vietnam's largest commercial banks, with a strong presence in the country's financial sector.

Established in 1993, the bank has undergone significant transformation and growth over the years. Its headquarters is located in Hanoi, Vietnam's capital city.

The bank offers a wide range of financial services, including retail banking, corporate banking, and investment banking. These services cater to both individual and corporate customers.

Orient Commercial Joint Stock Bank has a large network of branches and subsidiaries across Vietnam, providing convenient access to its services for customers nationwide.

The management team at Orient Commercial Joint Stock Bank is led by Tung Dinh Nguyen, who has been the CEO since August 23, 2012. He's been at the helm for over a decade.

Tung Dinh Nguyen's experience is matched by the bank's CTO, Trung Dinh Nguyen, who joined the team on March 19, 2023.

The bank also has several Corporate Officers/Principals, including Sanjay Chakrabarty, who has been in the role since July 1, 2018. Sanjay is 56 years old.

Mai Le Huynh and Anh Minh Dao are also Corporate Officers/Principals, but their ages are not publicly available.

Here is a list of the bank's top management team:

Orient Commercial Joint Stock Bank's financials are a key aspect of understanding the company's performance. The market capitalization of the bank is a significant $28,726.44.

The bank's stock has seen a significant range in the past 52 weeks, with a high of $13,100 and a low of $10,400. This indicates a decent level of volatility in the market.

The average trading volume over the past 52 weeks is a substantial 2,740,123 shares. This suggests a high level of liquidity in the market.

Here is a summary of the bank's financial metrics:

The bank's net income and net debt figures are not available for the given years.

As we dive into the financials of Orient CommercialBank, let's start with their net sales. In 2024, the company reported a net sales of 30.42B. This is a significant increase from previous years.

One notable aspect of the company's financials is their market capitalization. As of now, it stands at 28,726.44. This gives us an idea of the company's overall value.

Here's a breakdown of the company's net sales over the years:

The company's stock market performance is also worth noting. Their 52-week high is 13,100, while the 52-week low is 10,400. This indicates a significant fluctuation in the stock price over the past year.

Orient CommercialBank's dividend yield is currently unknown, but their earnings per share (EPS) is 1,453. This gives us an idea of the company's profitability.

Orient Commercial Joint Stock Bank has been in the news recently with two significant announcements. On December 31, the bank approved the relocation of its Tan Chau Transaction Office.

The bank also received approval from the State Bank of Vietnam to establish a new company on the same day. This is a promising development for the bank's expansion plans.

Orient Commercial Joint Stock Bank has been quite active in recent months, with a series of announcements and relocations taking place.

In December, the bank approved the relocation of its Tan Chau Transaction Office, which was announced on December 31. This is not the only relocation the bank has approved, as it also relocated several other branch and transaction offices around the same time.

On December 27, the bank reported its earnings results for the third quarter and nine months ended September 30, 2024. These results are likely to be of interest to investors and stakeholders who want to stay up-to-date on the bank's financial performance.

The bank has also been announcing new appointments and resignations, with Nguyen Van Anh being appointed as Chief Accountant on December 11. This is a significant development, as it suggests that the bank is investing in its leadership and management team.

Here are some key dates related to the bank's announcements:

These announcements demonstrate the bank's commitment to growth and development, and highlight its efforts to improve its operations and management.

The performance of Orient Commercial Joint Stock Bank is a topic of interest for any investor. Over the past 1 day, the bank's stock has seen a decline of -1.81%.

Looking at the bigger picture, the bank's performance over the past 1 week is a -0.91% decrease. This is a relatively small drop, but it's worth keeping an eye on.

The current month has been tough for the bank's stock, with a -4.82% decline. However, if we look at the 1-month performance, the bank's stock has actually seen a +1.88% increase.

Here's a breakdown of the bank's performance over different time periods:

It's worth noting that the bank's performance over the past 3 months has been particularly weak, with a -15.23% decline.

Orient Commercial Joint Stock Bank has a clear strategy for growth, aiming to double its number of users within the first year after the platform goes live.

Their goal is ambitious, with a target of reaching 10 million monthly users by the fifth year. This requires a well-planned approach to ensure the product is launched on time, within six months.

To achieve this, the bank will focus on three key pillars: ensuring a timely product launch, granting control over the construction and customization of the platform, and providing local support resources.

Orient Commercial Joint Stock Bank takes user security very seriously. The bank employs FIDO security technology, which uses robust encryption algorithms to sign each transaction.

This technology is considered the safest option currently available. It's reassuring to know that our financial information is protected by such advanced security measures.

To further enhance security, OCB OMNI 4.0 will implement biometric authentication starting from July 1, 2024, as per State Bank Decision 2345. This means we can look forward to even more secure transactions in the future.

The bank's commitment to user security is evident in its multi-layered approach to protection. By combining FIDO security technology with biometric authentication, OCB OMNI 4.0 provides a robust defense against potential threats.

Orient Commercial Joint Stock Bank started trading on January 28, 2021.

The bank's first trading day price was 18,350. This was a significant milestone for the bank and its investors.

The initial trading volume was a staggering 1,095,906,343 shares.

Let's take a closer look at the company details. Orient Commercial Joint Stock Bank is located at No. 123 - 127 Vo Van Tan, on the 11th floor of Building 123.

The first trading date for this listing was January 28, 2021.

The initial trading day price was a significant 18,350. This sets the stage for the listing's future performance.

The first listed volume was a staggering 1,095,906,343 shares. This is a massive number that gives us an idea of the listing's market impact.

The number of listed shares is 2,465,789,152, which is the total number of shares available for trading. This is also equal to the number of shares outstanding.

The listing advisor's name is unfortunately not publicly disclosed, marked as ****** in the listing information.