Saigon - Hanoi Commercial Joint Stock Bank has just announced its business results for the first 6 months of the year with many high growth financial indicators. In particular, pre-tax profit in the second quarter reached over VND4,500 billion, up 59% over the same period last year. Accordingly, in the first half of the year, SHB earned over VND8,900 billion in profit, up 30% and achieved 61% of the yearly plan - reflecting the bank's sustainable growth momentum and operational efficiency.
Growth in scale goes hand in hand with quality
As of June 30, 2025, SHB's total assets reached nearly VND 825 trillion, of which outstanding customer loans exceeded VND 594.5 trillion, up 14.4% compared to the beginning of the year and up sharply 28.9% over the same period.
SHB not only focuses on its core business but also actively participates in and accompanies the Government's programs and policies. Resolution 68 brings great opportunities for commercial banks, especially in supporting the development of the private economic sector through credit expansion, providing preferential loan packages for small and medium enterprises, participating in the digital transformation process and sustainable development of enterprises.
Accordingly, SHB's credit growth is effectively implemented, diversified by industry, focusing on priority areas and key development areas of the economy. At the same time, customer deposit growth reached 12.4% - twice as high as the industry's growth rate (6.11% as of June 26, 2025), creating a solid capital foundation to support credit.
Asset quality continued to improve significantly with the non-performing loan (NPL) ratio under Circular 31 being controlled at a low level. Group 2 debt dropped sharply to only 0.3%, expanding room for improvement in asset quality.
Safety indicators continue to be well maintained: the loan-to-deposit ratio (LDR) and the ratio of short-term capital used for medium- and long-term loans are both within the limits prescribed by the State Bank. The consolidated capital adequacy ratio (CAR) has always remained stable at over 11%, far exceeding the minimum of 8% as prescribed, ensuring a safe capital buffer for business operations.
Profits accelerate, continue to implement dividends
SHB currently has a charter capital of VND 40,657 billion, ranking among the Top 5 largest private commercial banks. Recently, SHB has been approved by the State Bank to increase its charter capital to VND 45,942 billion through paying 2024 dividends in shares at a rate of 13%, expected in the third quarter of 2025. Previously, SHB completed the payment of 2024 cash dividends of 5%. Accordingly, the total dividend rate for the whole year of 2024 is 18% and is expected to continue 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 reaching VND1 million billion by 2026, marking a solid step forward in scale and position in the domestic and regional financial markets.
Cumulative pre-tax profit for 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-to-income ratio (CIR) was impressively controlled at 16.4% - one of the lowest in the industry. Operating efficiency continued to improve significantly, reflected in the ROE index reaching over 18%.
Improve risk management and capital safety capacity
In parallel with business promotion, SHB has completed the construction of a credit risk measurement model and capital calculation method according to Basel II standards - IRB enhancement method. The bank is continuing its roadmap to complete the entire modern risk management framework, with the goal of fully meeting Basel II - IRB requirements by 2027, while also being consistent with the orientation of improving the risk management capacity of the credit institution system under the direction of the State Bank.
Along with that, SHB has effectively implemented liquidity risk management according to Basel III standards (LCR, NSFR) and modern asset-liability management tools (FTP, ALM). These tools help the bank tightly control cash flow, ensure liquidity and timely provision 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 a 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 re-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 a TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time a TOP Bank providing capital, financial products and services to strategic private and public corporate customers, with a supply chain, value chain, ecosystem, and green development. By 2035, SHB will become a modern retail bank, a green bank, 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 deeply integrates artificial intelligence (AI), big data, machine learning, etc. into the entire operation process, products and services of the bank. This strategic investment plan not only enhances competitiveness and customer service capabilities, but also helps SHB expand its technology infrastructure and develop innovative financial products to bring personalized experiences to each customer.
At the same time, SHB has been and is continuing to cooperate comprehensively with strategic partners, which are large domestic and international State and private economic groups, to develop a comprehensive strategy for the ecosystem and supply chain of satellite enterprises, small and medium enterprises and individual customers.
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 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 showed 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 orientation, SHB is affirming its pioneering role in the banking system and is ready to make a strong breakthrough to become the leading group of the entire industry in the coming time.
For many years, SHB has been in the TOP 5 banks contributing the largest budget in Vietnam and has always been a pioneer in responding to and closely following the country's policies and orientations.
With the philosophy of "Business development associated with social responsibility"; over the years, SHB has continuously spread profound human values, promoting the fine traditions of the nation. Through the Central Committee of the Vietnam Fatherland Front and the Fatherland Fronts of provinces and cities, SHB and businesses in the ecosystem have donated thousands of billions of VND to support the poor and disadvantaged in society; support localities to overcome the consequences of natural disasters, storms and floods; Covid epidemic; build solidarity houses, eliminate temporary houses, dilapidated houses in many mountainous and border provinces...
The total amount of money that SHB and businesses in the ecosystem of businessman Do Quang Hien supported and contributed to the fight against the Covid-19 epidemic amounted to more than 1,500 billion VND through supporting the Government's vaccine fund; supporting medical supplies for hospitals and localities; supporting the program "Waves and computers for children"; supporting orphans due to the Covid-19 epidemic; accompanying "Spring for children" ...
Responding to the Prime Minister's call, SHB donated 100 billion VND to Soc Trang province; together with the Ministry of Public Security, implemented a program to eliminate temporary houses and support the poor in all provinces and cities, including building 700 houses for the poor in Bac Lieu province; 150 houses for people and 1 school for children of ethnic minorities in mountainous areas, in provinces heavily affected by storms and floods such as: Son La, Phu Tho, Tuyen Quang, Dien Bien, Yen Bai, Ha Giang, Cao Bang, Bac Kan, Thai Nguyen...
With many practical contributions, SHB has been honored with many prestigious awards such as: “Bank for People”, “Best Bank for Public Sector Clients in Vietnam” (FinanceAsia), “Bank with the Best Sustainable Financing Activities in Vietnam” (Global Finance), “Best Sustainable Financing Bank for SMEs in Vietnam” (Alpha Southeast Asia). SHB is also ranked by Brand Finance in the Top 500 banks with the highest global brand value in 2025.
Source: https://baolamdong.vn/shb-lai-truoc-thue-quy-ii-tang-59-6-thang-thuc-hien-61-ke-hoach-nam-384353.html
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