Saigon – Hanoi Commercial Joint Stock Bank (SHB) has announced its Q1 2025 business results, showcasing impressive growth that reaffirms the Bank’s solid internal resilience and the effectiveness of its carefully crafted strategic direction. As of March 31, 2025, SHB’s consolidated total assets reached VND 790.742 trillion, marking a 6% increase compared to the end […]
On April 22, Saigon – Hanoi Bank (SHB) successfully held its 2025 Annual General Meeting of Shareholders (AGM) at the Melia Hotel in Hanoi, with the attendance of thousands of shareholders and authorized representatives. Amid a period of bold and comprehensive transformation, SHB continues to thrive and elevate its market position. The Bank is firmly […]
Fitch Ratings has, for the first time, announced its international credit rating for Saigon – Hanoi Commercial Joint Stock Bank (SHB). Accordingly, SHB’s Long-Term Issuer Default Ratings (IDRs) for both local and foreign currencies have been assigned at “BB–” with a Stable Outlook, placing SHB among the leading group within the banking sector. Fitch is […]
Continuously embracing cutting-edge technology, driving innovation, and delivering comprehensive digital financial solutions to enhance customer experiences, SHB has been honored with the prestigious award for “Best Payment Solution Innovation in Vietnam”. Saigon – Hanoi Commercial Joint Stock Bank (SHB) has been honored with the “Best Payment Solution Innovation in Vietnam 2025” award by The Asian […]
Saigon – Hanoi Bank (SHB) has announced the final registration date for the 2023 stock dividend distribution at a rate of 11%. Following this issuance, SHB’s charter capital will increase to VND 40,658 billion, reinforcing its position among the top five largest private banks in Vietnam. This capital enhancement aims to strengthen SHB’s financial capacity, […]
In the pivotal year of implementing the Transformation Strategy, Saigon-Hanoi Bank (SHB) achieved significant financial success, recording a 25% increase in pre-tax profit to VND 11,543 billion, surpassing the annual target. As of the end of 2024, SHB reported exceptional business results, affirming its position among the top five largest private commercial banks in Vietnam […]
Saigon – Hanoi Bank (SHB) has announced its plan to issue bonds worth VND 5,000 billion in late 2024 and early 2025. This issuance aligns with SHB’s goals to provide secure and profitable investment opportunities for customers, strengthen its financial capacity, and increase medium- and long-term capital to support Vietnam’s economic growth. The first public […]
The State Bank of Vietnam (SBV) has approved Saigon-Hanoi Bank (HoSE: SHB) to increase its charter capital to VND 40,658 billion through the issuance of stock dividend . Specifically, SHB has been authorized to issue nearly 403 million shares, equivalent to a stock dividend rate of 11%. This means that shareholders owning 100 shares will […]
SHB has consistently been recognized among the Top 10 enterprises with the best Annual Reports in the Finance industry, highlighting the Bank’s exceptional commitment to information transparency and corporate governance aligned with best practices in sustainable development. On November 16, the Vietnam Listed Company Awards (VLCA) 2024 ceremony was held in Da Lat, Lam Dong. […]
Ayudhya Public Company Limited (Krungsri), a member of Japan’s MUFG Group, has proposed to Saigon – Hanoi Commercial Joint Stock Bank (SHB) the early acquisition of the remaining 50% of charter capital in Saigon – Hanoi Commercial Joint Stock Bank Finance Company Limited (SHBFinance). This move will bolster SHB’s financial resources and enhance its market […]
After nine months, SHB’s accumulated pre-tax profit totaled VND 9,048 billion, achieving 80% of its 2024 target. Alongside its business development, the Bank actively engages in social security initiatives, supports the underprivileged, helps eliminate temporary housing in line with government policy, fulfills its community responsibilities, and contributes to the country’s socio-economic progress. Saigon – Hanoi […]
The partnership between SHB and VNSTEEL signifies a crucial advancement in their relationship, as they join forces to promote development and enhance Vietnam’s economic growth. On September 23, 2024, in Hanoi, Saigon – Hanoi Bank (SHB) and Vietnam Steel Corporation (VNSTEEL) conducted a signing ceremony for a cooperation agreement, highlighting the strong partnership between these […]
SHB will lower the interest rate for corporate and individual customers impacted by Typhoon Yagi and flooding by an average of 50% from September to December 2024. Additionally, the Bank will offer a credit package to assist customers in rebuilding and recovering their businesses post-storm, with an interest rate of just 4.5% per year. Saigon […]
Saigon – Hanoi Commercial Joint Stock Bank (SHB) has been honored with the prestigious title of “Best Bank for SMEs in Vietnam” at the Euromoney Awards for Excellence 2024. This recognition underscores SHB’s exceptional growth and innovative solutions tailored for small and medium-sized enterprises (SMEs). Euromoney’s Awards for Excellence are among the most esteemed in […]
SHB’s innovative services continue to gain recognition at both domestic and international levels. At the recent Vietnam Outstanding Banking Awards 2024 (VOBA 2024), Saigon – Hanoi Commercial Joint Stock Bank (SHB) received the “Outstanding Innovative Banking Product Service Award” for its “Online Pre-Approved Unsecured Overdraft” . This accolade highlights SHB’s commitment to developing user-friendly, cutting-edge […]