SHB's pre-tax profit in the second quarter increased by 59%

Saigon - Hanoi Commercial Joint Stock Bank has just announced its business results for the first 6 months of the year with pre-tax profit in the second quarter reaching over VND4,500 billion, up 59% over the same period last year. In the first half of the year, SHB earned over VND8,900 billion in profit, up 30% and fulfilling 61% of the yearly plan.

Growth in scale goes hand in hand with quality

As of June 30, 2025, SHB 's total assets reached nearly VND 825 trillion, of which outstanding customer loans exceeded VND 594.5 trillion, up 14.4% compared to the beginning of the year and up sharply 28.9% over the same period.

SHB not only focuses on its core business but also actively participates in and accompanies the Government's programs and policies. Resolution 68 brings great opportunities for commercial banks, especially in supporting the development of the private economic sector through credit expansion, providing preferential loan packages for small and medium enterprises, participating in the digital transformation process and sustainable development of enterprises.

Accordingly, SHB's credit growth is effectively implemented, diversified by industry, focusing on priority areas and key development areas of the economy. At the same time, customer deposit growth reached 12.4% - twice as high as the industry's growth rate (6.11% as of June 26, 2025), creating a solid capital foundation to support credit.

Asset quality continued to improve significantly with the non-performing loan (NPL) ratio under Circular 31 being controlled at a low level. Group 2 debt dropped sharply to only 0.3%, expanding room for improvement in asset quality.

Safety indicators continue to be well maintained: the loan-to-deposit ratio (LDR) and the ratio of short-term capital used for medium- and long-term loans are both within the limits prescribed by the State Bank of Vietnam (SBV). The consolidated capital adequacy ratio (CAR) has always remained stable at over 11%, far exceeding the minimum of 8% as prescribed, ensuring a safe capital buffer for business operations.

Profits accelerate, continue to implement dividends

SHB currently has a charter capital of VND 40,657 billion, ranking among the Top 5 largest private commercial banks. Recently, SHB has been approved by the State Bank of Vietnam to increase its charter capital to VND 45,942 billion through paying 2024 dividends in shares at a rate of 13%, expected in the third quarter of 2025. Previously, SHB completed the payment of 2024 cash dividends of 5%. Accordingly, the total dividend rate for the whole year of 2024 is 18% and is expected to continue in 2025 - demonstrating strong financial potential and long-term commitment to shareholders.

SHB aims to have total assets exceeding VND832 trillion by the end of 2025 and reaching VND1 million billion by 2026, marking a solid step forward in scale and position in the domestic and regional financial markets.

Cumulative pre-tax profit for the first 6 months reached VND 8,913 billion, up 30% over the same period in 2024, equivalent to 61% of the 2025 plan. The cost-to-income ratio (CIR) was impressively controlled at 16.4% - one of the lowest in the industry. Operating efficiency continued to improve significantly, reflected in the ROE index reaching over 18%.

Improve risk management and capital safety capacity

In parallel with business promotion, SHB has completed the construction of a credit risk measurement model and capital calculation method according to Basel II standards - IRB enhancement method. The bank is continuing its roadmap to complete the entire modern risk management framework, with the goal of fully meeting Basel II - IRB requirements by 2027, while also being consistent with the orientation of improving the risk management capacity of the credit institution system under the direction of the State Bank.

Along with that, SHB has effectively implemented liquidity risk management according to Basel III standards (LCR, NSFR) and modern asset-liability management tools (FTP, ALM). These tools help the bank tightly control cash flow, ensure liquidity and timely provision against market fluctuations.

SHB expects to continue to strongly apply these tools in business implementation, improve operational efficiency and build a solid capital buffer to support long-term growth.

With a leading position in the financial market, SHB is one of the few banks selected by the World Bank, JICA, ADB, KFW and other international financial institutions as a re-lending bank, a bank serving key national projects; participating in ADB's global trade finance program...

Breakthrough transformation strategy

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

The focus of the strategy is the “Bank of the Future” model with leading advanced and modern technologies. This model deeply integrates artificial intelligence (AI), big data, machine learning, etc. into the entire operation process, products and services of the bank. This strategic investment plan not only enhances competitiveness and customer service capabilities, but also helps SHB expand its technology infrastructure and develop innovative financial products to bring personalized experiences to each customer.

At the same time, develop a comprehensive strategy for the ecosystem, supply chain of satellite businesses, small and medium enterprises and individual customers.

SHB cooperates comprehensively with strategic partners, which are large domestic and international state and private economic groups.

In the stock market, SHB continues to affirm its position with a capitalization exceeding 2.6 billion USD. SHB shares have high liquidity, always in the leading group of VN30 and the banking industry, with an average trading volume of more than 70 million units per session in the second quarter of 2025.

Notably, SHB has just set a record with a trading session of nearly 250 million shares. Foreign investors also showed strong confidence when they net bought 41 million shares in the session on July 7, 2025 - the highest level ever. Since the beginning of July, foreign investors have net bought 95 million SHB shares, showing the bank's long-term attractiveness in the capital market.

With a stable financial foundation, comprehensive digital transformation strategy and sustainable growth strategy orientation, SHB is affirming its pioneering role in the banking system and is ready to make a strong breakthrough to become the leading group of the entire industry in the coming time.

Source: https://baodautu.vn/shb-lai-truoc-thue-quy-ii-tang-59-d344291.html