HDBank’s Impressive Streak of Excellence: Unveiling the Secrets Behind Their Success
Specifically, HDBank has maintained its streak of excellence, winning the award for Outstanding Annual Report in the Finance sector for the sixth consecutive year. This achievement stems from the bank’s relentless efforts to enhance the quality of its financial reporting, striving towards international standards such as the ASEAN CG Scorecard.
Mr. Bui Hoang Hai, Vice Chairman of the State Securities Commission of Vietnam, presents the Top 10 Enterprises with the Best Corporate Governance Practices award to HDBank
In the realm of corporate governance, HDBank was recognized within the Top 10 Large Cap companies, concurrently receiving the Best Annual General Meeting Organization award for the second year in a row. HDBank has been a pioneer in conducting flexible Annual General Meetings (both online and in-person), optimizing convenience and ensuring shareholders’ rights. This achievement holds even more significance as the criteria for corporate governance were elevated in 2024, aligning with the latest OECD standards, with a 40% weightage given to international norms.
These accolades at the Listed Companies Awards 2024 reflect HDBank’s exceptional and sustainable performance. As of the third quarter of 2024, the bank’s pre-tax profit reached VND 12,655 billion, a remarkable 46.6% increase compared to the previous year. Total assets amounted to VND 629 trillion, a 23.9% surge. Total capital mobilization reached VND 559 trillion, a 24.8% increase. Credit balance stood at VND 412 trillion, up by 16.6%. Efficiency ratios remained high, with ROE at 26.7% and ROA at 2.2%. The bank successfully maintained a low non-performing loan ratio of 1.46%.
Parallel to its business operations, HDBank has also been a frontrunner in community and environmental initiatives. In the first nine months of 2024, the bank undertook numerous meaningful social responsibility activities, including donating health insurance cards to the underprivileged, constructing charitable houses, supporting underprivileged students, responding to the Prime Minister’s call to eradicate temporary and dilapidated housing nationwide, and offering a VND 12,000 billion credit package to customers affected by Typhoon Yagi. Additionally, the bank actively contributed to aiding people affected by floods in the northern provinces.
The Listed Companies Awards 2024, an esteemed annual event organized by HoSE, HNX, and the Investment Review newspaper, attracted over 500 listed companies. According to the organizers, HDBank demonstrated exceptional performance in risk management, bad debt assessment and control, and efficient capital utilization within the financial sector.
The trio of awards at the VLCA 2024 is a testament to HDBank’s unwavering commitment to transparency, adherence to advanced governance practices, and the promotion of sustainable Environmental, Social, and Governance (ESG) development, creating long-term value for shareholders, customers, and the community.
The Chairman of TTC AgriS: Working in the Interests of 91% of Shareholders and Investors
In her capacity as Chairman of the Board of Directors of TTC Agri-Biotech Joint Stock Company (TTC AgriS) (HOSE: SBT), Ms. Dang Huynh Uc My has asserted the company’s commitment to ensuring fairness and transparency for its shareholders, investors, and stakeholders. As TTC AgriS attracts the participation of international investors and prominent financial institutions, Ms. My has emphasized the importance of equitable treatment and transparent disclosure for all involved parties.
“A Favorite Among Investors: PNJ Ranked in Top 3 for 2024”
PNJ has been voted as the Best Investor Relations Company among large-cap enterprises in 2024. This recognition is a testament to our unwavering commitment to adhering to information disclosure regulations and safeguarding the rights and interests of our shareholders.
The Only Vietnamese Bank to Receive International Payment Awards for Three Consecutive Years from J.P. Morgan Chase Bank
On September 23, 2024, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – stock code: HDB) was the sole Vietnamese bank honored with the International Payment Quality Awards (Straight Through Processing – STP) for both MT103 and MT202 (USD and EUR) message types for three consecutive years: 2022, 2023, and 2024, by J.P. Morgan Chase Bank.
“PNJ Receives the Coveted ‘Most Investor-Beloved IR Activities Listed Company 2024’ Accolade”
PNJ has been voted as the Best Investor Relations Company among large-cap enterprises in 2024. This recognition is a testament to our unwavering commitment to adhering to information disclosure regulations and safeguarding the rights and interests of our shareholders.
