On April 24, 2025, at the General Meeting of Shareholders, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - stock code: HDB) officially announced a new operating model under the name HD Financial Group. The integrated model includes commercial banking, digital banking, consumer finance, securities, insurance, fund management and overdraft services.
Chairman of the Board of Directors Kim Byoungho emphasized: We always act for transparency, for the foundation of trust. And that belief is an invaluable asset for HDBank to continuously attract investors, enhance its position in the market and create sustainable value for all shareholders".
According to the plan, HD Financial Group will operate with 7 members: HDBank, Vikki Digital Bank, HD SAISON, HD Securities, HD Insurance, HD Capital and Dong A Money Transfer. This merger aims to optimize operations, improve capital efficiency and expand the financial ecosystem.
A notable mark in this strategy is the acceptance and conversion of Dong A Commercial Joint Stock Bank into Vikki digital bank, operating independently in finance and developing in the direction of comprehensive digitalization.
Ms. Nguyen Thi Phuong Thao - Permanent Vice Chairman of the Board of Directors of HDBank - affirmed: "We not only want to become a leading bank in scale, but also a bank chosen first for quality, for humanity, and for kindness in every strategic decision."
In parallel, HDBank aims to promote the integration of technology and digital financial services, increase coverage through 600 banking transaction points and 26,500 financial points nationwide. With more than 30 million customers, the bank expects the new model to better meet the financial needs of individuals and businesses in the digital age.
