SHB finalizes dividend payment rights, good news for shareholders at the beginning of the year.

Saigon - Hanoi Bank (SHB) has just announced the record date for shareholders to receive the 2023 stock dividend at a rate of 11%. Upon completion, SHB's charter capital will increase to VND 40,658 billion, further solidifying its position as one of the top 5 largest private banks in the system. The Ministry of Industry and Trade is currently seeking opinions on the draft Circular detailing some provisions of the new decree on petroleum business. General Secretary To Lam emphasized that each stage of the revolution must have an apparatus to implement the guidelines, policies, and laws, ensuring the goals for each stage of development. This is a golden time to streamline and reorganize the apparatus to achieve the set goals, including economic growth and improving the people's lives. The British magazine Time Out recently honored Hoi An in Vietnam as one of the most romantic destinations in the world. Hoi An ranked 4th on this prestigious travel magazine's list. While traveling on a road in Chanh Phu Hoa ward, Ben Cat city, Binh Duong province early on the morning of February 13, 2025, two motorbikes were suddenly swallowed by a sinkhole, injuring both riders who had to be hospitalized. Local authorities promptly visited and offered condolences to the victims... On the afternoon of February 13th, in Hanoi, the Government submitted the Lao Cai - Hanoi - Hai Phong railway project to the National Assembly for consideration during the 9th extraordinary session of the 15th National Assembly. After the Lunar New Year holiday of the Year of the Snake, along with the white and pink blossoms of peach, plum, and pear trees, yellow mustard flowers also bloomed, covering the cornfields and front porches of the people in the Ha Giang Stone Plateau. Ha Giang province held a meeting to discuss the plan to relocate Coc Pai town, Xin Man district, to a new location before this year's rainy season. A summary of news from the Ethnic and Development Newspaper. The morning news bulletin of February 13th, 2025, includes the following noteworthy information: Preserving the sound of the Hmong flute during Spring. Preserving and promoting the beauty of traditional ethnic costumes. A 9X generation young man from Tien Phuoc starts a business using local timber. Along with other current news from ethnic minority and mountainous regions, with a spirit of efficiency and absolute safety, at 7:00 AM on February 13th, 10 districts and cities in Kon Tum province held the ceremony to hand over recruits to military units, achieving 100% of the target. Overall, the quality of recruitment in 2025 is higher than in previous years, with many citizens volunteering to enlist. Along with tens of thousands of young people nationwide, on the morning of February 13th, more than 3,000 outstanding young people in Dak Lak province set off to fulfill their military and police service obligations. Among them, 3 female recruits volunteered to enlist, dedicating their youth to protecting the Fatherland. On the morning of February 13th, districts, counties, and Thu Duc City (Ho Chi Minh City) simultaneously held the 2025 military enlistment ceremony, with nearly 5,000 young people selected for military and police service departing for military service. On the evening of February 12th, in Hai An district (Hai Phong City), the Tu Luong Xam Festival was inaugurated with great fanfare, and the Tu Luong Xam historical site complex – the headquarters of Ngo Quyen in 938 – was recognized as a Special National Monument. Saigon – Hanoi Bank (SHB) has just announced the record date for shareholders to pay dividends for 2023 in shares at a rate of 11%. After completion, SHB's charter capital will increase to VND 40,658 billion, further affirming its position as one of the top 5 largest private banks in the system.

Over the years,SHB has demonstrated its responsibility to shareholders by regularly paying dividends at a rate of 10-18%.

The continuous increase in charter capital is crucial for enhancing the bank's financial capacity, increasing SHB's competitiveness in the process of international economic integration, and especially meeting the expected interests of shareholders.

According to the SHB Board of Directors' resolution, February 27, 2025 is the last registration date to finalize the list of shareholders entitled to receive stock dividends for 2023, at a rate of 11%.

Previously, the State Securities Commission had approved SHB's issuance of shares to pay dividends for 2023. Specifically, SHB will issue nearly 403 million shares to pay dividends for 2023, at a rate of 11%, meaning shareholders owning 100 shares will receive an additional 11 new shares.

According to the Resolution of the 2024 Annual General Meeting of Shareholders, SHB will pay dividends for 2023 at a total rate of 16%, including 5% in cash and 11% in shares. In August 2024, the Bank completed the first installment of the 2023 dividend payment in cash at a rate of 5% to shareholders.

Over the years, SHB has consistently paid dividends at a rate of 10-18%, demonstrating its responsibility to shareholders while continuously strengthening its capital base, developing safely, sustainably, and efficiently, and constantly improving its governance capacity according to international standards and modern models.

A strong financial foundation is a measure of a bank's credibility in the market, thereby providing a basis for expanding capital attraction from individuals and businesses, or raising funds from the bond market with appropriate interest rates and maturities, to circulate capital to key sectors prioritized by the Government, green credit, etc.

SHB always puts compassion first, standing alongside the people and the community, sharing love, and helping our compatriots overcome difficulties.

Sustainable development, standing side-by-side with the people and the country.

In 2024, SHB completed and exceeded many targets set by the General Shareholders' Meeting at the beginning of the year. Specifically, SHB recorded pre-tax profit of VND 11,543 billion, a 25% increase compared to 2023 and exceeding the plan approved by the General Shareholders' Meeting. The operating expense/total operating income ratio (CIR) was 24.5% – the lowest in the entire industry. Total assets at the end of 2024 reached over VND 747 trillion, an 18.5% increase compared to the end of 2023. Outstanding loans amounted to nearly VND 534 trillion, with a loan growth rate of 18.2%.

SHB continues to ensure that its safety, liquidity, and risk management indicators comply with and exceed the regulations of the State Bank of Vietnam. The capital adequacy ratio (CAR) is above 12% according to Basel II standards, the liquidity risk ratio meets Basel III standards, and the target for controlling non-performing loans has been achieved as planned by the General Shareholders' Meeting.

These achievements not only affirm the bank's confidence and determination, but also further solidify SHB's position and stature in the domestic financial market. According to banking and finance experts, SHB's business growth confirms its sound business strategy, strong risk management capabilities, and efficient capital utilization.

SHB always puts compassion first, standing alongside the people and the community, sharing love, and helping our compatriots overcome difficulties.

Besides sustainable business development, SHB always prioritizes social welfare, accompanying and sharing with businesses and people. SHB is one of the top 5 banks contributing the most to the national budget for many years.

SHB has actively implemented and successfully carried out the policies of the Government and the State Bank of Vietnam in supporting and accompanying businesses during difficult times. The bank has provided many preferential credit programs with a scale of tens of trillions of VND for new customers and interest rate reductions for existing customers. With the timely support of SHB, many businesses have overcome difficulties, stabilized their operations, and developed.

Responding positively to the Prime Minister's call, SHB contributed 100 billion VND to help Soc Trang province build and repair houses for poor households, bringing them sturdy homes and hope for a stable life. In the program to build 150 houses and a school for disaster-stricken areas, SHB, together with the Ministry of Public Security, donated houses in Son La and is continuing to expand to Tuyen Quang, Dien Bien, Yen Bai, Ha Giang… to share love and help people overcome difficulties.

With its community engagement activities over the past year, SHB was honored as "Bank for People of the Year," recognizing the bank's efforts in contributing to the community and creating sustainable values ​​for the country.

For over three decades of development, SHB has always prioritized integrity, accompanying the people and the community, creating and spreading positive values, developing the economy alongside social development, building a strong and prosperous nation, and entering a new era – the era of Vietnam's rise.

During the 2024-2028 period, SHB is focusing its resources on implementing a comprehensive and robust transformation strategy based on four pillars: Reforming mechanisms, policies, regulations, and processes; People as the main actors; Customer and market-centric approach; Modernizing information technology and digital transformation; and steadfastly adhering to six core cultural values: "Heart - Trust - Integrity - Knowledge - Wisdom - Vision".

The bank's strategic goal is to become the TOP 1 bank in efficiency; the most preferred digital bank; the best retail bank; and a TOP provider of capital, financial products, and services to strategic private and state-owned corporate clients, with a green supply chain, value chain, ecosystem, and development.

With a strong financial foundation and sustainable, safe, and efficient development, in its first Fortune SEA 500 ranking, SHB ranked 137th among Southeast Asian organizations with the highest revenue and 17th among Vietnamese financial institutions and businesses. SHB is also one of the top 5 banks contributing the most to the national budget for many years.

In 2024, SHB continuously won important awards from prestigious domestic and international organizations such as: TOP 50 most profitable businesses in Vietnam, TOP 10 most reputable private commercial banks in Vietnam ranked by Vietnam Report; TOP 100 Golden Star Award of Vietnam 2024…

SHB is giving away one billion VND in gifts to customers who supplement and update their biometric information.

Source: https://baodantoc.vn/shb-chot-quyen-tra-co-tuc-tin-vui-dau-nam-cho-co-dong-1739451670619.htm