Saigon – Hanoi Commercial Joint Stock Bank (SHB) was established on 13/11/1993 and officially listed on Vietnam stock market in 2009. After nearly 30 years of establishment and development with operating criteria of sustainable, safe and effective operation, SHB has achieved many achievements, taking a strong position in the Vietnamese financial market, and at the same time reaching out to the world market, contributing to the development of the Vietnamese financial market and the strong development of the country’s economy.

SHB currently has 6.348 employees, 571 domestic and foreign transaction points, serves more than 5 million individual and corporate customers and connects to 500 correspondent banks across continents.

As of June 30, 2024, SHB’s total assets exceeded VND 659,767 billion, and its charter capital has reached VND 36,629 billion, securing its position among the top five largest private banks in Vietnam.

The Bank’s customer deposits reached VND 500,177 billion. For several years, SHB has consistently outpaced the industry average in deposit growth, earning a reputation as a trusted choice for individuals, businesses, and customers seeking savings accounts, payment solutions, and financial services.

Outstanding credit has reached VND 475,267 billion, positioning SHB among the leading banks in market capital provision. With the economy’s increased demand for capital, SHB has actively and effectively followed directives from the Prime Minister and the State Bank of Vietnam (SBV). The Bank has proactively engaged with customers, addressing challenges and barriers to capital access, and swiftly providing funds for production and business, thereby fostering economic growth.

For the first 6 months of 2024, SHB’s cumulative pre-tax profit totaled VND 6,860 billion, marking a 13% increase compared to the same period in 2023 and reaching 61% of the annual target. The return on equity (ROE) stood at 25.91%. SHB maintains the lowest cost-to-income ratio (CIR) in the industry at 22.25%, thanks to advancements in digital transformation and the automation of operational processes.

The Bank continues to enhance its prudential indicators, adhering to Basel II and Basel III risk management standards. SHB’s capital adequacy ratio (CAR) stands at 12.32%, exceeding the requirements set by the State Bank, while the non-performing loan (NPL) ratio is maintained below 3%.

During the journey of 30 years of development, SHB has always carried the mentality and mission of one of the top commercial banks. SHB takes customers as the core and principle of all activities, creating different values ​​in the market. SHB always considers serving and consistently brings the best values ​​to the Country, Community and Customers.

With the motto “Customer-centricity”, SHB is constantly reforming strongly, innovating business models, focusing on digital transformation, improving processes and procedures quickly and simply to bring to customers. products and services of the best quality, while maximizing benefits for customers. At the same time, SHB continues to develop a strategy to develop value chain customers, tapping the potential of regions and localities, focusing on developing new customers, targeting customer segments, retaining traditional customers, leveraging on multi-industry customers, exploiting customer ecosystem…

SHB is currently ranked in the Top 5 largest joint stock commercial banks in Vietnam, Top 10 most prestigious joint stock commercial banks in Vietnam, Top 50 best enterprises in Vietnam, Top 100 ASEAN banks, Top 500 banks with the largest brand value in the world and is one of 10 DSIBs (Domestic Systematically Important Banks) in the Vietnamese banking system… SHB was honored to be awarded the Second Class Labor Medal (twice), Third Class Labor Medal and many flags, Certificates of Merit, Certificates of Awards from the Government, Ministries, Associations and other noble awards.

Not only stopping at the current successes, in the future, SHB will continue its creative journey and relentless efforts, towards the goal of becoming the most efficient bank by 2027, a leading modern and most popular digital bank. Vision to 2035, becoming a leading modern retail bank in the region.