Introduction

Agriculture Bank Insurance Joint - Stock Corporation (ABIC) is a Vietnam-based company engaged in the insurance industry. The Company provides property and casualty insurance services, as well as reinsurance services. It is involved in the offering of over 100 insurance products which are divided into three types: property, marine and non-marine insurance. The Company is engaged in initially underwriting property damage and casualty insurance policies, agricultural insurance policies, vessel insurance policies, transportation insurance policies, fire insurance policies and vehicle insurance policies. During the fiscal year ended December 31, 2009, 38.18% of its revenue came from vehicle insurance activities. As of December 31, 2009, Vietnam Bank for Agriculture and Rural Development (Agribank) was its controlling shareholder. The Company had eight branches in Vietnam.

Business sector

  • Health and accident insurance;
  • Asset and damage insurance;
  • Road, sea, river, rail and air transportation commodity insurances;
  • Mechanical automobile insurance;
  • Fire, exploded insurances;
  • Ship insurance;
  • General responsibility insurance;
  • Credit and financial risk insurances;
  • Business damage insurance;
  • Agricultural insurance.

History

Date of incorporation 01/01/0001
Certificate of registration number 38GP/GPDDC/KDBH
Date of issue 07/01/2015
Capital 515,574,170,000
Tax Code 0102183722
Sectors & Industries Insurance > Insurance company

  • Agriculture Bank Insurance JSC (ABI) was established on October 18, 2006 with the initial charter capital of VND160 billion.
  • Following Decision of the Asembly of Shareholder No. 01-NQ-HDQT dated Aug 27, 2007, harter capital was adjusted to VND 380 billion via individual issuance of shares.
  • On Feb 4, 2008, the company registered to go public.
  • On July 03, 2009: the Ha Noi Stock Exchange officially admitted the trading registration of ABI on UPCoM

Listing information

Date of listing 07/01/2015
Stock exchange UPCOM
Par Value 10,000
Initial Listing Price 9,000
Listing Volume 51,557,417
Total Listing Value 515,574,170,000

Management team

Nguyễn Tiến Hải Chairman of the Board of Directors
Đỗ Minh Hoàng Members of the Board
Lê Hồng Quân Members of the Board
Trần Anh Tuấn Members of the Board
Trương Đình Cánh Board of internal controllers
Dương Văn Thành Member of the Board of Internal controllers
Nguyễn Ngọc Kiên Member of the Board of Internal controllers
Đỗ Minh Hoàng Chief of Executive Officer
Quách Tá Khang Deputy CEO
Nguyễn Hồng Thái Deputy CEO
Phạm Minh Trí Chief Accountant
Đỗ Minh Hoàng Representative Spokesman