Scale growth goes hand in hand with quality
As of June 30, 2025, the total assets of Saigon - Hanoi Commercial Joint Stock Bank (SHB) reached nearly VND 825 trillion, of which outstanding customer loans exceeded VND 594.5 trillion, up 14.4% over the beginning of the year and increased sharply by 28.9% over the same period.
SHB not only focuses on its main business activities but also actively participates in and accompanies the Government's programs and policies.
Accordingly, SHB's credit growth has been effectively implemented, diversified by industry, focusing on priority areas and key development of the economy. At the same time, customer deposit growth reached 12.4% - double the growth rate of the whole industry (6.11% as of June 26, 2025), creating a solid capital foundation to support credit.
Asset quality continues to improve significantly with the bad debt ratio (NPL) according to Circular 31 being controlled at a low level. Group 2 debt fell sharply to only 0.3%, opening up room for improving asset quality.
Safety indicators continue to be maintained well: the lending rate on mobilization (LDR) and the rate of using short-term capital for medium and long-term lending are both within the limits prescribed by the State Bank. The converged capital safety ratio (CAR) always remains stable at over 11%, far exceeding the prescribed minimum of 8%, ensuring the ability to safely counter capital for business operations.
Profit accelerates, continue to implement dividend sharing
SHB currently has a charter capital of VND 40,657 billion, in the Top 5 largest private commercial banks. Recently, SHB was approved by the State Bank to increase its charter capital to VND 45,942 billion through the payment of 2024 dividends in shares at a rate of 13%, expected in the third quarter of 2025. Previously, SHB had completed the payment of 2024 dividends in cash at a rate of 5%. Accordingly, the total dividend ratio for the whole year of 2024 is 18% and is expected to continue to be maintained in 2025 - demonstrating strong financial potential and long-term commitment to shareholders.
SHB aims to have total assets exceeding VND832 trillion by the end of 2025 and reach VND1 million billion by 2026, marking a solid progress in scale and position in the domestic and regional financial markets.
Total accumulated pre-tax profit in the first 6 months reached VND 8,913 billion, up 30% over the same period in 2024, equivalent to 61% of the 2025 plan. The cost of operation per total income (CIR) rate is impressively controlled at 16.4% - one of the lowest rates in the whole industry. Operating efficiency continues to improve significantly, as shown through the ROE index reaching over 18%.
Improving risk management and capital safety capacity
In parallel with business promotion, SHB has completed the construction of a credit risk measurement model and a capital calculation method according to Basel II standards - the IRB enhancement method. The Bank is continuing the roadmap to complete the entire modern risk management framework, with the goal of fully meeting the requirements of Basel II - IRB by 2027, while also in line with the orientation of improving the risk management capacity of the credit institution system according to the direction of the SBV.
Along with that, SHB has effectively implemented liquidity risk management according to Basel III standards (LCR, NSFR) and modern asset - debt management tools (FTP, ALM). These tools help banks strictly control cash flow, ensuring liquidity and timely reserve against market fluctuations. SHB expects to continue to strongly apply these tools in business implementation, improve operational efficiency and build a solid capital buffer to support long-term growth.
With its leading position in the financial market, SHB is one of the few banks selected by the World Bank, JICA, ADB, KFW and other international financial institutions as a lending bank, a bank serving key national projects; participating in ADB's global trade finance program...
Breakthrough transformation strategy
In its strong and comprehensive transformation strategy, SHB aims to become TOP 1 Bank in terms of efficiency; Most Favorite Digital Bank; Best Retail Bank and the leading TOP Bank providing capital, financial products and services to private and state-owned strategic corporate customers, with supply chains, value chains, ecosystems, and green development. Vision to 2035, SHB will become a modern retail bank, a green bank, and a digital bank in the TOP of the region.
The focus of the strategy is the "Bank of the Future" model with leading advanced and modern technologies. This model extensively integrates artificial intelligence (AI), Big Data, machine learning (Machine Learning) ... into the entire operating process, products and services of the bank. This strategic investment plan not only improves competitiveness and customer service capability, but also helps SHB expand technology infrastructure and develop breakthrough financial products to bring personalized experiences to each customer.
In the stock market, SHB continues to affirm its position with a capitalization exceeding 2.6 billion USD. SHB shares have high liquidity, always in the leading group of the VN30 and the banking industry, with an average trading volume of more than 70 million units per session in the second quarter of 2025.
In particular, SHB has just set a record with a trading session of nearly 250 million shares. Foreign investors also expressed strong confidence when they net bought 41 million shares in the session on July 7, 2025 - the highest level ever. Accumulated from the beginning of July, foreign investors have net bought 95 million SHB shares, showing the bank's long-term attractiveness in the capital market.
With a stable financial foundation, comprehensive digital transformation strategy and sustainable growth strategy, SHB is affirming its pioneering role in the banking system and is ready to make a strong breakthrough to rise to the leading group of the whole industry in the coming time.
