SHB approved to increase charter capital through issuing shares to pay dividends at a rate of 13%

The State Bank of Vietnam (SBV) has issued a document approving Saigon - Hanoi Bank (SHB ) to issue shares to pay 2024 dividends to existing shareholders at a rate of 13%.

Accordingly, the State Bank of Vietnam approved SHB to issue 528.5 million shares to pay dividends in 2024 at a rate of 13%, equivalent to shareholders owning 100 shares will receive 13 more shares. The capital used to issue shares to pay dividends comes from after-tax profits after setting aside funds in 2024. After completion, SHB's charter capital will increase from VND 40,657 billion to VND 45,942 billion, continuing to maintain its position in the Top 5 largest private commercial banks in the system. The expected increased charter capital will be used by SHB to continue expanding its scale of operations and business development, increasing investment in digital transformation.

According to the Resolution approved by the 2025 Annual General Meeting of Shareholders, SHB will pay a total dividend of 18% in 2024, including 5% in cash and 13% in shares. Previously, SHB completed the payment of the 2024 dividend in cash at a rate of 5% on June 20, 2025. The early implementation of dividend payment in both shares and cash demonstrates the commitment of SHB's Board of Directors to the rights and interests of the bank's shareholders.

During its operation, SHB has always developed safely, publicly and transparently; profit has grown sustainably, charter capital has increased and dividends have been paid regularly at 15-18% for many years. SHB's safety, liquidity and risk management indicators are all better than the regulations of the State Bank and according to international standards.

Capitalization exceeds 2.3 billion USD, strong investment in technology and digital transformation

On the stock market, SHB's capitalization is currently nearly 2.4 billion USD, its stock price has increased by 64% since the beginning of the year, at 14,600 VND/share on July 21. Stock liquidity is always in the Top of VN30 and the banking industry with an average trading volume of 70 million units per session in the second quarter of 2025. Recently, SHB continued to record a new record in liquidity in the session on July 7 with nearly 250 million shares traded. Facing the attraction of SHB, foreign investors did not stand aside with a record net buying session of 41 million units. Accumulated from the beginning of July until now, foreign investors have net bought nearly 81 million SHB shares.

SHB stock price movement since the beginning of the year

By the end of the first quarter of 2025, SHB's total assets reached VND 790,742 billion, an increase of 6% compared to the end of 2024. Outstanding credit balance reached VND 575,777 billion, an increase of 7.8%, focusing on investment in key production and business sectors and industries with growth potential associated with the sustainable development orientation of the economy , creating a foundation for stable and effective growth in the long term. Pre-tax profit in the first quarter reached VND 4,400 billion, achieving 30% of the annual plan.

In 2025, the Bank aims to have total assets exceeding VND 832 trillion and by 2026 is expected to exceed VND 1 million billion, affirming its leading position in the domestic and regional financial markets.

SHB is implementing a strong and comprehensive transformation process in the period of 2024-2028 with a vision of a future banking model (Bank of the Future), fully integrating modern, leading technology platforms such as AI, Big Data, Machine Learning... into all processes, solutions, services, and products. The model is expected to comprehensively change SHB's competitiveness and customer service capacity and bring important results such as: advanced digital services, digitizing the customer journey, improving customer experience, increasing automation, increasing efficiency based on data technology, modernizing core banking... enhancing the stability and scalability of technology infrastructure, while promoting the capacity to develop advanced products and service solutions.

Accompanying society and country

For many years, SHB has been in the TOP 5 banks with the largest budget contributions in Vietnam and has always been a pioneer in leaving its mark in activities responding to and closely following the country's policies.

With the philosophy of "Business development associated with social responsibility"; at the same time, implementing the spirit of Chairman of the Board of Directors Do Quang Hien: "Contributing to society is part of the duty and honor of the enterprise", over the years, SHB has continuously spread profound human values, promoting the fine traditions of the nation. Through the Central Committee of the Vietnam Fatherland Front and the Fatherland Fronts of provinces and cities, SHB and enterprises in the ecosystem have donated thousands of billions of VND to support the poor and disadvantaged people in society; support localities to overcome the consequences of natural disasters, storms and floods; Covid epidemic; build solidarity houses, eliminate temporary houses, dilapidated houses in many mountainous and border provinces, ... Typically, SHB supported Soc Trang province with 100 billion VND to eliminate temporary houses, dilapidated houses; donated 1,000 gratitude houses to the poor and meritorious people of Ha Giang province with a total cost of 60 billion VND; Support 25 billion VND to eliminate temporary houses, build solidarity houses for poor households in Dien Bien province...

With many practical contributions, SHB has been honored with many prestigious international awards such as: “Bank for People”, “Best Bank for Public Sector Clients in Vietnam” (FinanceAsia), “Bank with the Best Sustainable Financing Activities in Vietnam” (Global Finance), “Best Sustainable Financing Bank for SMEs in Vietnam” (Alpha Southeast Asia). SHB is also ranked by Brand Finance in the Top 500 banks with the highest global brand value in 2025.

In its transformation strategy, SHB aims to become a TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time a TOP Bank providing capital, financial products and services to strategic private and state-owned corporate customers, with a supply chain, value chain, ecosystem, and green development. By 2035, SHB will become a modern retail bank, a green bank, a digital bank in the TOP of the region.

Source: https://www.shb.com.vn/shb-duoc-chap-thuan-tang-von-dieu-le-thong-qua-phat-hanh-co-phieu-tra-co-tuc-ty-le-13/