The State Bank of Vietnam (SBV) has approved the issuance of shares by Saigon - Hanoi Bank (SHB ) to pay dividends for 2024 to existing shareholders at a rate of 13%.
Accordingly, the State Bank of Vietnam (SBV) approved SHB's issuance of 528.5 million shares to pay dividends for 2024 at a rate of 13%, meaning shareholders owning 100 shares will receive an additional 13 shares. The capital for this dividend issuance will come from after-tax profits after the allocation of funds in 2024. Upon completion, SHB's charter capital will increase from VND 40,657 billion to VND 45,942 billion, maintaining its position as one of the top 5 largest private commercial banks in the system. The additional charter capital is expected to be used by SHB to further expand its operations and business development, and to strengthen investment in digital transformation.
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SHB has been approved to increase its charter capital to VND 45,942 billion. |
According to the resolution approved by the 2025 Annual General Meeting of Shareholders, SHB will pay dividends for 2024 at a total rate of 18%, including 5% in cash and 13% in shares. Prior to this, SHB had already completed the payment of cash dividends for 2024 at a rate of 5% on June 20, 2025. The early implementation of dividend payments in both shares and cash demonstrates the commitment of SHB's management to the rights and interests of the bank's shareholders.
Throughout its operations, SHB has consistently developed safely, openly, and transparently; achieving sustainable profit growth, increasing its charter capital, and paying regular dividends of 15-18% for many years. SHB's safety, liquidity, and risk management indicators all exceed the regulations of the State Bank of Vietnam and meet international standards.
With a market capitalization of nearly $2.4 billion, the company is heavily investing in technology and digital transformation.
On the stock market, SHB's market capitalization currently stands at nearly $2.4 billion, with its share price increasing 64% since the beginning of the year, reaching VND 14,600 per share as of July 21st. Its liquidity consistently ranks among the top in the VN30 index and the banking sector, with an average trading volume of 70 million units per session in Q2 2025. Recently, SHB continued to set a new record for liquidity on July 7th with nearly 250 million shares traded. Due to SHB's attractiveness, foreign investors also joined the trend with a record net purchase of 41 million units. Cumulatively from the beginning of July to date, foreign investors have net purchased nearly 81 million SHB shares.
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SHB stock performance since the beginning of the year |
At the end of Q1/2025, SHB's total assets reached VND 790,742 billion, a 6% increase compared to the end of 2024. Outstanding loans reached VND 575,777 billion, a 7.8% increase, focusing on investments in key production and business sectors and industries with growth potential aligned with the sustainable development orientation of the economy , creating a foundation for stable and efficient long-term growth. Pre-tax profit in Q1 reached VND 4,400 billion, achieving 30% of the full-year plan.
In 2025, the Bank aims for total assets to exceed VND 832 trillion, and by 2026, it expects to surpass VND 1 trillion, affirming its leading position in the domestic and regional financial markets.
SHB is implementing a strong transformation in the 2024-2028 period with the vision of a "Bank of the Future," integrating modern technologies such as AI, Big Data, and Machine Learning into all processes and services. This model is expected to enhance competitiveness, comprehensively digitize the customer journey, improve customer experience, automate operations, modernize core banking, and expand technology infrastructure, thereby promoting efficient growth and developing advanced service solutions.
Walking hand in hand with society and the nation.
For many years, SHB has consistently ranked among the top 5 banks contributing the most to the national budget and has been a pioneer in responding to major government policies. With a development philosophy linked to social responsibility and the spirit of "Contributing to society is both a duty and an honor," SHB and its corporate ecosystem have spread many humanitarian values, contributing trillions of VND through the Vietnam Fatherland Front to support the poor, vulnerable, overcome natural disasters and epidemics, and build solidarity houses. Notable examples include the program to donate 1,000 houses of compassion to the poor and those with meritorious service in Ha Giang province with a total cost of 60 billion VND; and supporting 25 billion VND to eliminate temporary housing and build solidarity houses for poor households in Dien Bien province, etc.
With numerous practical contributions, SHB has been honored with prestigious awards such as: “Bank for People”, “Best Bank for Public Sector Clients in Vietnam” (FinanceAsia), “Best Sustainable Financing Bank in Vietnam” (Global Finance), and “Best Sustainable Financing Bank for SMEs” (Alpha Southeast Asia). In 2025, SHB was ranked among the Top 500 banks with the highest brand value globally by Brand Finance.
In its transformation strategy, SHB aims 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. By 2035, SHB's vision is to become a leading modern retail bank, a green bank, and a digital bank in the region.
Source: https://baodautu.vn/shb-duoc-chap-thuan-tang-von-dieu-le-len-45942-ty-dong-d337674.html
![[Photo] General Secretary and President To Lam presides over a meeting on preparations for the review of one year of operation of the three-tiered government system.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/06/02/1780391821195_a1-bnd-4595-9717-jpg.webp)
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