hdbank announces over 500 in million profit

HDBank announces over $500 in million profit

The Ho Chi Minh City Development Joint Stock Commercial Bank on March 29 announced its 2023 audited financial statements, which show it achieved its best-ever results with pre-tax profit exceeding VND13 trillion ($524 million), an increase of 26.8 per cent, consolidating its rapid growth.
hdbank posted record profit for 2023

HDBank posted record profit for 2023

With its sustainable development strategy and effective risk management, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) sailed through last year's troubled waters to achieve high growth across all indicators.
coro energy receives finance offer from hdbank

Coro Energy receives finance offer from HDBank

On January 18, Coro Energy PLC, a Southeast Asian energy company with a natural gas and clean energy portfolio, announced the receipt of an in principle offer from HDBank for project debt financing.
keys to becoming a desirable employer

Keys to becoming a desirable employer

Employers across the board are sparing no effort on the path to becoming more sought after by the workforce.
hdbank to acquire a 30 per cent stake in hd securities

HDBank to acquire a 30 per cent stake in HD Securities

HDBank has announced plans to purchase an up to 30 per cent share of HD Securities JSC (HDS) following a resolution approved at its 2023 shareholders' meeting.
hdbank is honoured as adbs leading partner bank in vietnam

HDBank is honoured as ADB's leading partner bank in Vietnam

The Ho Chi Minh City Development Bank (HDBank) was honoured as the Leading Partner Bank in Vietnam by the Asian Development Bank (ADB) at an award ceremony for the Trade and Supply Chain Finance Program in Singapore earlier this month.
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.