Saigon – Hanoi Commercial Joint Stock Bank (SHB) has officially announced June 10, 2025 as the record date for shareholders to receive a cash dividend for 2024 at a rate of 5%. The cash payout is part of the 18% total dividend for 2024 as approved by the 2025 Annual General Meeting of Shareholders (AGM), which includes 5% in cash and 13% in shares.
In line with the Board of Directors’ resolution, June 20, 2025 has been set as the payment date for the cash dividend. This reflects SHB’s commitment to promptly delivering shareholder value, as emphasized at the 2025 AGM. SHB continues to operate with a customer- and market-centric approach, ensuring the sustainable interests of shareholders and investors.
The 2025 AGM, held in April, witnessed the participation of over 1,500 shareholders and proxies— out of a total of more than 100,000 shareholders – underscoring strong investor engagement and trust in SHB’s long-term vision. Shareholders expressed high confidence in the bank’s strategic direction, governance, and consistent dividend policy with attractive annual returns in both cash and share.
Beyond financial achievements, SHB continues to impress shareholders with its strong sense of corporate responsibility. From COVID-19 relief efforts and nationwide housing support to social security initiatives and sponsoring Vietnam’s national football team in their 2024 ASEAN Cup victory, SHB remains deeply committed to the community.
On the stock market, SHB shares have recorded a remarkable gain of over 40% since the beginning of 2025, maintaining strong liquidity with an average daily trading volume exceeding 83 million shares over the past month. The stock’s growing appeal is also evident in significant net buying by foreign investors—the highest volume recorded to date.
For 2025, SHB targets ambitious growth:
As of Q1 2025, SHB’s total assets reached VND 790,742 billion, up 6% from year-end 2024. Total outstanding credit balance stood at VND 575,777 billion, an increase of 7.8%, with a strategic focus on priority sectors aligned with Vietnam’s sustainable development goals. The bank also reported pre-tax profit of nearly VND 4,400 billion in Q1, achieving 30% of its annual target—a testament to its strong internal capacity and momentum for breakthrough growth. SHB ranks among the Top 5 private commercial banks and the Top 15 private enterprises with the largest contributions to the state budget
SHB is currently finalizing documentation for issuing 2024 stock dividends at a 13% rate and plans to raise its charter capital to VND 45,942 billion, reinforcing its position among Vietnam’s top five private commercial banks. Looking ahead, the bank expects to maintain an 18% dividend rate in 2025.
With a clear roadmap, SHB aspires to become a VND 1 quadrillion-asset bank by 2026, advancing its leadership in the domestic and regional financial sectors.
Recently, Fitch Ratings assigned SHB a long-term issuer default rating of “BB–” with a stable outlook, placing it among the top-rated Vietnamese banks. This recognition underscores SHB’s financial resilience, sound risk management, and solid profitability.
SHB is committed to sustainable, safe, and effective development, continuously enhancing its management capacity in line with international standards and modern governance models. The bank applies rigorous risk management policies, maintains prudent capital adequacy ratios, ensures stronger compliance with State Bank of Vietnam regulations, and actively implements Basel II and Basel III frameworks.
In the 2024–2028 strategy period, SHB aims to become:
By 2035, SHB visions itself as a modern, green, and digital retail bank, ranking among the region’s leading financial institutions.
The bank’s ongoing transformation is anchored on four strategic pillars: institution, policy, process reform; people-centricity; customer and market-centricity; and IT modernization and digital transformation. Throughout this journey, SHB remains steadfast in its six core cultural values: Heart – Faith – Trustworthiness – Knowledge – Wisdom – Greater Heights.
As SHB enters a new era of transformation and sustainable growth, it continues to prioritize the well-being of its employees, the prosperity of its customers, and the long-term value for shareholders, partners, and the broader community.