Enterprise

SHB Officially Increases Chartered Capital to VND 45,942 Billion

The State Bank of Vietnam (SBV) has recently approved amendments to the charter capital outlined in the establishment and operation license of Saigon-Hanoi Commercial Joint Stock Bank (SHB). As a result, SHB’s new charter capital is now recorded at VND 45,942 billion, solidifying its position as one of the Top 5 largest private commercial banks in the system.

Administrator

30 September, 2025

The State Bank of Vietnam (SBV) has made a decision following SHB’s completion of issuing 528.5 million shares to pay dividends for 2024 at a rate of 13%. Previously, SHB had completed a 5% cash dividend payment. The total dividend rate for 2024 paid by SHB is 18%.

Over the years, SHB has consistently paid dividends at rates ranging from 10-18%, both in cash and shares. SHB plans to maintain an 18% dividend rate in 2025, reaffirming its strong financial potential and long-term commitment to shareholders.

In 2025, SHB aims to achieve pre-tax profits of 14,500 billion VND, a 25% increase. The goal is to reach total assets of 832 trillion VND this year and hit the 1 million trillion VND mark by 2026, marking a solid step forward in scale and market position domestically and regionally.

According to the audited 6-month financial report, as of June 30, 2025, SHB’s total assets were nearly 826 trillion VND, with customer loans exceeding 594.5 trillion VND, up 14.4% from the beginning of the year and a strong 28.9% increase year-on-year.

In the first six months, SHB continued to leverage its potential strengths, alongside robust business growth, actively expanding its operational scale, diversifying product and service offerings, enhancing customer development, bad debt recovery, and adopting modern technology to improve operational efficiency and productivity. In the first half, SHB recorded pre-tax profits of 8,946 billion VND, a 30% increase compared to the same period in 2024, equivalent to 62% of the 2025 plan.

SHB is recognized as one of the most efficient banks in the industry, with a cost-to-income ratio (CIR) controlled at 16.4%—the lowest in the sector. The bank also leads in labor productivity, with pre-tax profits per employee reaching 1.3 billion VND per person.

Safety indicators remain strong. The loan-to-deposit ratio (LDR) and the use of short-term funds for medium and long-term loans are within SBV regulations. The consolidated capital adequacy ratio (CAR) remains stable above 11%, well above the minimum 8% requirement, ensuring safe capital capacity for business operations.

Asset quality has significantly improved, with the non-performing loan (NPL) ratio under Circular 31 kept at a low level. Group 2 debt has sharply decreased to just 0.3%, reflecting a strong improvement in asset quality.

With efficient operations and sustainable growth, SHB has solidified its position in the “Top 10 Private Enterprises with the Best Profits in Vietnam” according to Vietnam Report, the “Top 100 Most Valuable Brands in Vietnam” by Brand Finance, and as one of the top tax-contributing banks in Vietnam for many years.

In its comprehensive transformation strategy, SHB is focusing on four pillars: Reforming mechanisms, policies, regulations, and processes; Placing people at the center; Customer and market-centric approach; Modernizing information technology and digital transformation.

SHB aims to become the Top 1 bank in efficiency; the most beloved Digital Bank; the best Retail Bank, and a leading provider of capital, financial products, and services to strategic private and state-owned enterprise customers, with supply chains, value chains, ecosystems, and green development. By 2035, SHB envisions becoming a modern Retail Bank, a Green Bank, and a Digital Bank among the top in the region.

Kim Ngân

– 14:40 29/09/2025