**HDBank Targets 25% Growth in 2025, Accelerating Digital Transformation and Expanding into Tier 2 Cities and Rural Markets**
At the conference, the HDBank leadership team expressed optimism about the economic outlook for 2025 and highlighted the bank’s strong foundation and growth potential. HDBank will continue to focus on digital banking, tapping into the potential of tier-two cities, agriculture, and rural markets, as well as value chains, while also participating in strategic national infrastructure projects. The bank aims for a 25% increase in profit.
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Boosting Momentum through Comprehensive Digitization
In 2024, HDBank recorded a pre-tax profit of VND 16,731 billion, a 28.5% increase from 2023. The bank maintained strong performance metrics with an ROA of 2.0%, ROE of 25.7%, and a consolidated non-performing loan ratio (according to Circular No. 11) of 1.48%. HDBank’s CAR ratio under Basel II stood at 14.0%, leading the market. As of December 31, 2024, the bank’s total assets reached VND 697,281 billion, a 15.8% year-over-year increase. Capital mobilization reached VND 621 trillion, a 15.7% increase, with deposits from economic organizations and individuals growing by 18%. Total outstanding loans amounted to VND 437 trillion, reflecting a significant 23.9% growth.
HD SAISON maintained its leading position, achieving an impressive VND 1,200 billion in profit, an 83.9% surge compared to 2023. Given the positive market outlook, HD SAISON aims to reach a profit of VND 1,500 billion in 2025.
Sharing the bank’s targets with investors, HDBank’s leadership revealed a growth plan for 2025, aiming for a 25% increase in profit. The bank is determined to join the league of banks with profits exceeding VND 20,000 billion, while maintaining top-tier positions in the industry for ROE and ROA.
The strategy for achieving this ambitious goal revolves around a focused lending approach targeting tier-two cities and rural areas, including SMEs, households, and value chains, as well as participation in infrastructure and national strategic projects. This aligns with the government’s resolve to boost GDP growth beyond 8%.
In 2025, HDBank will further accelerate its digital transformation, expand its transaction scale, and attract new customers. Technology is recognized as a core driver to enhance customer experience, optimize operations, and unlock sustainable growth opportunities.
In 2024, HDBank witnessed a nearly 75% increase in digital transactions, and the number of new customers grew by 187%. Currently, over 97% of the bank’s personal transactions are conducted through digital channels. HDBank will continue to leverage AI and Big Data in risk management, enhancing credit quality and maintaining one of the lowest non-performing loan ratios in the market.
**Strategic Transformation of DongA Bank into Vikki Digital Bank**
Engaging in discussions with investors at the conference, HDBank’s leadership provided insights into the plan to transform DongA Bank into Vikki Digital Bank. In line with the government’s and State Bank of Vietnam’s resolute restructuring agenda for the banking system, HDBank swiftly took action after the handover. Within just one month, they reorganized the management and operations, officially transitioning DongA Bank into Vikki Digital Bank and marking a new chapter for over 4,000 dedicated and attentive employees.
On February 17, Vikki Digital Bank opened its doors to customers at all business locations nationwide, unveiling a modern, friendly, and comfortable new image. This next-generation digital bank in Vietnam is the first to integrate a super app with a network of branches and transaction offices, offering banking, financial, investment, insurance, travel, and shopping services. It delivers a seamless, safe, and secure experience that meets international standards.
Welcoming customers to the new brand and premises, Vikki Digital Bank introduced special care programs for existing customers and exclusive promotions for new customers on the opening day. The enthusiastic response from customers underscores the appeal of this new-generation, multi-functional digital bank and the smart financial benefits it brings to businesses and individuals alike.
This strategic transformation ensures the protection of DongA Bank customers’ rights and interests, while also marking a significant milestone in the restructuring process of the commercial banking system, paving the way for sustainable, modern, and healthy development.
Minh TÃ i
– 08:37 21/02/2025
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