hdbank signs agreement with fulbright university vietnam

HDBank signs agreement with Fulbright University Vietnam

During the official visit of US President Joe Biden to Vietnam, Ho Chi Minh City Development Commercial Joint-Stock Bank (HDBank) and Fulbright University Vietnam signed a cooperation agreement to provide reciprocal capital worth $20 million to build the school and facilities.
hdbank receives digital innovation award at the asean business awards 2023

HDBank receives Digital Innovation award at the ASEAN Business Awards 2023

Ho Chi Minh City Development Joint Stock Commercial Bank is the only bank in Vietnam to receive the "Digital Innovation" award by the ASEAN Business Awards - ABA 2023.
hdbank generates 231 million profit in h1

HDBank generates $231 million profit in H1

Ho Chi Minh City Development Joint Stock Commercial Bank announced business results for the first half of 2023, with pre-tax profit reaching nearly VND5.5 trillion ($231.6 million), continuing its growth trajectory of the last 10 years.
hdbank launches korea desk

HDBank launches 'Korea Desk'

To welcome the visit of President Yoon Suk Yeol and a delegation of over 200 large Korean enterprises to Vietnam, HDBank has officially launched the 'Korea Desk', a department providing specialised banking products, services, and advisory support for Korean corporate customers in Vietnam.
hdbank contributes to development of ho chi minh city

HDBank contributes to development of Ho Chi Minh City

Ho Chi Minh City Development Commercial Joint-Stock Bank (HDBank) has been on a journey of more than 30 years, contributing to the creation and development of Ho Chi Minh City.
hdbank targets 29 per cent profit growth for 2023

HDBank targets 29 per cent profit growth for 2023

HDBank has successfully organised its 2023 annual general shareholders' meeting with a high approval rating from shareholders. The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 per cent on-year.
hdbanks leadership discusses strategy at agm

HDBank's leadership discusses strategy at AGM

At HDBank's annual general shareholders' meeting, the lender affirmed its steadfast commitment to actively engage in the Credit Institutions Restructuring Programme, while expanding its investment portfolio. Meanwhile, the question of whether the bank's foreign ownership cap of 49 per cent will be lifted remains unclear.
hdbank continues solid growth

HDBank continues solid growth

HDBank will continue its growth trajectory as its outstanding loans of real estate and corporate bond holdings are among the lowest in the banking industry in 2022.
tough year expected for banks in 2023

Tough year expected for banks in 2023

With a dim outlook for the banking industry, most securities firms forecast that banks will post conservative profit growth in 2023.
four banks have adjusted credit room

Four banks have adjusted credit room

The State Bank of Vietnam (SBV) has officially adjusted the credit room for four banks in a bid to support weak credit institutions according to the government's policy.
weaker banks on radar of major lenders

Weaker banks on radar of major lenders

The prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation.
hdbank to participate in the credit institution restructuring programme

HDbank to participate in the credit institution restructuring programme

With experience in the successful restructuring of credit institutions and its pioneering spirit, HDBank is getting involved in the compulsory transfer of weak credit institutions.
hdbanks profit before tax exceeds 240 million

HDBank's profit before tax exceeds $240 million

HDBank's profit before tax for the first half of the year exceeded $240 million, fulfilling 54 per cent of its annual budget. Its separate non-performing loan (NPL) ratio was only 0.93 per cent.
ifc and hdbank scale up finance for smes

IFC and HDBank scale up finance for SMEs

On May 11, the IFC and Ho Chi Minh City Development JSC Bank (HDBank) signed an MoU to become strategic partners, supporting small- and medium-sized enterprises (SME) to scale up finance and participate in global supply chains, including high-tech agriculture.
hdbank welcomes new chairman

HDBank welcomes new chairman

HDBank has announced a resolution by its Board of Directors to elect Kim Byoungho – an independent member – as chairman with effect from April 29. The plan is to help take the bank into a new stage of development and stronger integration.