SHB was honored as "Outstanding M&A Transaction Enterprise of 2024-2025".

At the Vietnam M&A Forum 2025, the most prestigious annual event in the field of mergers and acquisitions organized by the Finance and Investment Newspaper, Saigon - Hanoi Commercial Joint Stock Bank (SHB ) was honored as the "Company with the most outstanding M&A transaction in 2024-2025".

The award, selected by the Forum's expert panel, recognizes SHB's outstanding achievements in M&A activities.

In early November 2024, SHB announced a resolution approving the sale/transfer of capital in Saigon - Hanoi Commercial Joint Stock Bank Finance Company Limited (SHBFinance). Specifically, SHB will continue to transfer its remaining 50% of charter capital in SHBFinance, in accordance with the agreement signed with Ayudhya Public Limited Bank (Krungsri) of Thailand – a member of the MUFG Group of Japan, in phase 2.

This is considered one of the most outstanding M&A deals in the Vietnamese financial and banking market during the 2024-2025 period.

“The ‘Outstanding M&A Transaction of the Year 2024-2025’ award is a valuable recognition of SHB’s persistent efforts in its strong and comprehensive transformation strategy, restructuring, portfolio optimization, and enhancement of the bank’s financial capacity, laying the foundation for breakthroughs in the new era. The capital transfer transaction at SHBFinance not only provides crucial resources to help SHB further strengthen the bank’s solid foundation for sustainable growth, but also demonstrates our strategic vision in cooperating with leading international financial institutions such as Krungsri and MUFG Group.”

"SHB is committed to continuing to pursue a safe, efficient, and sustainable development strategy, promoting digital transformation, increasing value for customers and shareholders, and making positive contributions to the development of the Vietnamese financial and banking market," shared Do Quang Vinh, Vice Chairman of the Board of Directors and Deputy General Director of SHB.

Mr. Do Quang Vinh, Vice Chairman of the Board of Directors and Deputy General Director of SHB, represented the bank in receiving the award.

The transfer of SHBFinance's capital to Krungsri is also one of the multi-billion dollar deals that bears the strong imprint of SHB's Vice Chairman of the Board of Directors and Deputy General Director, Do Quang Vinh.

In August 2021, as Chairman of SHBFinance, Mr. Do Quang Vinh presided over and directly participated in the negotiation process leading to the signing of an agreement to transfer 100% of the charter capital of the consumer finance company to Krungsri Bank of Thailand. According to Krungsri, the transaction was estimated at US$156 million, equivalent to VND 3,500 billion, 3.5 times the charter capital of SHBFinance.

In May 2023, SHB completed the transfer of 50% of its capital in phase 1, and SHBFinance was transformed from a Limited Liability Financial Company to a Limited Liability Financial Company under a new license from the State Bank of Vietnam . SHB and Krungsri are in the process of completing phase 2 of the transaction, after the partner proposed to acquire the remaining capital in SHBFinance ahead of schedule.

Also in 2023, businessman Do Quang Vinh made his mark in the business world with the capital transfer deal at Saigon - Hanoi Insurance Corporation (BSH). As the then Chairman of the Board of Directors of BSH, Mr. Vinh presided over the entire negotiation process for the capital transfer between BSH shareholders and DB Insurance Co., Ltd (DBI) – a leading non-life insurance company from South Korea. In March 2024, BSH announced DB Insurance Co., Ltd as its strategic shareholder, holding 75% of BSH's charter capital. The value of the transaction was not disclosed, however, many market sources revealed the figure reached trillions of VND. Notably, in addition to the BSH deal, Mr. Vinh also played a crucial role in connecting, advising, and collaborating with Vietnam Aviation Insurance Corporation (VNI) to sign the contract for the transfer of 75% of its capital to DBI.

Vietnam is emerging as an attractive destination for regional M&A capital thanks to its stable GDP growth, increasingly完善 institutions, and a series of groundbreaking policies such as Resolution 66 on reforming the drafting and implementation of laws, Resolution 68 on the development of the private economy, and the process of upgrading the stock market and expanding the international investment space. In this context, the sale of capital in SHBFinance in particular, and other capital transfer transactions of SHB in general, are considered by experts to be groundbreaking deals in the Vietnamese M&A market recently.

As of September 30, 2025, SHB's total assets reached VND 852,695 billion, an increase of 14.1% compared to the end of 2024, and have already exceeded the 2025 plan, aiming for VND 1 trillion in total assets by 2026. SHB maintains its position in the TOP 5 largest private commercial banks in Vietnam in terms of charter capital, with market capitalization exceeding USD 3 billion.

Recently, SHB's General Meeting of Shareholders approved the plan to increase charter capital in 2025 with a total increase of VND 7,500 billion. According to the capital increase plan, SHB plans to issue more than 459 million shares to existing shareholders; offer 200 million individual shares to professional investors and more than 90 million shares under the Employee Stock Ownership Plan (ESOP). It is expected that after the successful issuance, SHB's charter capital will rise to the TOP 4 private banks, reaching more than VND 53,400 billion.

SHB is in the process of strong and comprehensive transformation, aiming to become a TOP 1 Bank in terms of efficiency; Most favorite Digital Bank; Best Retail Bank and at the same time a TOP Bank providing capital, financial products and services to strategic private and state enterprise customers, with a supply chain, value chain, ecosystem, and green development. Vision to 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-vinh-danh-doanh-nghiep-co-thuong-vu-ma-tieu-bieu-nam-2024-2025/