Sovico Group has announced the completion of the transfer of over 65 million shares of HDBank (stock code: HDB). The transaction was executed via a negotiated deal between November 21 and November 25, totaling over VND 1.9 trillion.
Following this transaction, Sovico’s ownership in HDBank has decreased to more than 385 million shares, equivalent to a 9.9% stake in the bank. Previously, in June, the shareholder had sold 50 million HDB shares. These transactions are in compliance with the 2024 Law on Credit Institutions, which mandates a maximum ownership limit in a single bank.
On the stock market, HDB shares are currently trading at VND 32,000 per share, marking a 25% increase since the beginning of the year. The bank’s market capitalization stands at over VND 123 trillion.
HDBank is planning a 25% stock dividend for 2024, meaning shareholders holding 100 shares will receive 25 additional shares. The dividend will be sourced from undistributed profits for 2024, after fulfilling tax obligations, audited financial requirements, and statutory reserve allocations.
Additionally, HDBank’s Board of Directors has approved a resolution to issue bonus shares from the Owner’s Equity Reserve Fund at a 5% ratio. If both plans are executed, the bank’s charter capital will increase by a maximum of VND 11,578 billion, reaching over VND 50,172 billion.
In other developments, on November 18, 2025, HDBank issued 800 corporate bonds under the code HDB12507, with a face value of VND 1 billion per bond, totaling VND 800 billion. The bonds have a 3-year term and are set to mature on November 18, 2028.
HDBank Raises VND 1,000 Billion Through Bond Issuance
HDBank has successfully issued 1,000 bonds under the code HDB12508, with a face value of 1 billion VND per bond, totaling an issuance value of 1 trillion VND.
Top Banks with the Highest Loan Interest Earnings: BIDV and VietinBank Lead, VPBank Outpaces Techcombank by 1.5 Times, SHB Trails Behind
Amidst the backdrop of the most significant surge in credit outstanding balances across the entire system in recent years, interest income from lending continues to serve as the cornerstone of profitability for banks.
HDBank’s Deputy CEO Trần Hoài Nam: Aiming to Become an “ASEAN Asset”
As one of the top five Vietnamese enterprises with the highest ACGS (ASEAN Corporate Governance Scorecard) ratings in 2024, HDBank is entering a new phase of acceleration. With a bold ambition to elevate its governance standards to regional best practices, the bank is strategically preparing for the next evaluation cycle. HDBank’s ultimate goal is to position itself as a premier “ASEAN asset,” setting a benchmark for excellence in the region.
HDBank Divests Stake in Vietjet
The Board of Directors of Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has announced a resolution approving the sale of its holdings in Vietjet Aviation Joint Stock Company (stock code: VJC).
Vietjet Shares Plunge as Billionaire Nguyen Thi Phuong Thao’s Holdings Hit Floor
Profit-taking pressure has emerged as a key factor behind Vietjet’s sharp stock decline, following a more than twofold surge in its share price since the beginning of the year.
