Fortune magazine has just announced the Fortune Southeast Asia 500 (Fortune SEA 500) ranking in 2026 - the list of 500 largest enterprises in Southeast Asia based on revenue from the previous fiscal year. Saigon - Hanoi Commercial Joint Stock Bank (SHB) ranked 141st, up 20 places compared to 2025, and also marked its third consecutive year in this prestigious ranking.
Leading financial institution in Vietnam, reaching international level
Being present in Fortune SEA 500 for three consecutive years is clear evidence of SHB's solid financial capacity, sustainable operational efficiency and correct growth strategy.
In the context of increasingly deep integration, SHB firmly adheres to international standards, continuously innovates, digitally transforms and applies modern management as a foundation for long-term growth and sustainable development. Being recognized by Fortune is a driving force for SHB to continue to break through on the journey to realize its aspiration to reach out, towards the goal of becoming a leading financial institution in the region, contributing to enhancing the position of Vietnamese banks and the Vietnamese brand on the global economic map," shared a SHB representative.
In 2025, SHB recorded positive business results with pre-tax profit of VND 15,021 billion, an increase of 30% compared to 2024 and exceeding the set plan by 4%. The cost-to-income ratio (CIR) was maintained at 22.1% - among the lowest in the industry, reflecting efficiency in cost management, especially thanks to promoting process digitization and technology application throughout the system.
Stepping into the first quarter of 2026, pre-tax profit reached 4,656 billion VND, an increase of nearly 7% compared to the same period and fulfilling 26% of the annual plan. Total net income reached 7,471 billion VND, an increase of 23.5% compared to the same period. In which, net profit from service activities reached 1,288 billion VND, an increase of 291%, becoming a prominent highlight in the income structure in the first quarter of the year.
By March 31, 2026, SHB's total consolidated assets reached 930,983 billion VND, an increase of 4.4% compared to the end of 2025, aiming for the milestone of 1 million billion VND. The bank plans to increase its charter capital to 58,786 billion VND, firmly holding its position as TOP5 largest private joint-stock commercial bank in Vietnam.
In recent years, SHB has been honored by many domestic and international organizations at prestigious awards such as "Bank with the Best Payment Solution Initiative in Vietnam" (The Asian Banker); "Best Bank for Public Sector Customers in Vietnam" (FinanceAsia); "Vietnam Bank with the Best Sustainable Finance Operations" (Global Finance)...
SHB was honored to be awarded the Second-class Labor Medal (2 times), the Third-class Labor Medal and many flags, Certificates of Merit, Certificates of Commendation from the Government, ministries, branches, unions and other noble awards.
New generation national-level bank
Over more than three decades of construction and development, SHB has always closely followed the orientations of the Party, Government and national development strategies. Entering a new growth phase, the bank identifies two spearheads: developing the customer ecosystem and promoting the application of technology, becoming a "National-level Bank of the new generation", accompanying the country's development in the new era.
With the business orientation of developing a partner ecosystem, SHB does not approach customers individually, but according to the entire ecosystem surrounding the central customer.
SHB is implementing the "Future Bank" model based on the "5 First" technology orientation: Data + AI First, People First, Cloud First, Security First and Mobile First. If the ecosystem is a space for growth, then technology is a growth infrastructure.
If the ecosystem helps SHB expand customer depth, then 5 First helps SHB improve service quality, operating speed and scalability. The combination of these two pillars creates a new growth model for SHB: growth based on ecosystem connection, operation based on data and technology, and development based on customer experience and digital trust.
SHB aims to become the number 1 bank in terms of efficiency by 2030, the favorite digital bank, the best retail bank and the leading bank providing capital, financial products, and services to strategic business customers with supply chain ecosystems, small and medium enterprises, individual customers, value chains, green development; small and medium enterprises, individual customers. Vision to 2035, SHB strives to become a modern bank, digital bank, green bank in the leading group in the region.
To realize that goal, SHB is continuing to focus on implementing the Comprehensive Transformation Strategy based on 4 pillars: Taking customers and the market as the center; Reforming mechanisms, policies, regulations, and processes; People are the subjects; Modernizing information technology and digital transformation, with 6 core values: Heart - Trust - Trust - Knowledge - Wisdom - Vision.
