The Board of Directors of Saigon – Hanoi Commercial Joint Stock Bank (SHB) has approved the implementation of charter capital increase to VND 53,442 billion, in accordance with Proposal No. 07/2025/TTr-HĐQT dated October 16, 2025, as approved by the General Meeting of Shareholders under Resolution No. 02/2025/NQ-ĐHĐCĐ dated November 18, 2025 through written shareholder voting.

Under the plan, SHB will increase its charter capital through the offering and issuance of 750 million shares, comprising over 459.4 million shares offered to existing shareholders; 200 million shares placed privately with professional investors; and over 90.6 million shares issued under the Employee Stock Ownership Plan (ESOP).

The implementation ensures full compliance with regulations on foreign ownership limits. The additional capital will be used to strengthen lending capacity and support business operations in 2026. Upon completion of all three components, SHB is expected to rank among the Top 4 commercial banks in Vietnam by charter capital.

Regarding the private placement, SHB is working with a number of leading domestic and international investment funds, including Vietnam Enterprise Investments Limited; DC Developing Markets Strategies Public Limited Company; Samsung Vietnam Securities Master Investment Trust; Amersham Industries Limited; Hanoi Investments Holdings Limited; KIM Vietnam Fund Management Company Limited, and other eligible investors expressing interest in SHB’s privately placed shares.

Since the beginning of the year, SHB’s share price has increased by more than 100%, consistently ranking among the most liquid stocks in the market, with strong net purchases by foreign investors in numerous trading sessions. SHB shares are also projected to be included in the FTSE Global All Cap Index once Vietnam is officially upgraded to emerging market status. This is expected to attract stronger foreign capital inflows, supporting SHB’s long-term growth, international standard alignment, comprehensive digital transformation, and breakthrough development.

Recently, SHB shares were recognized as “Banking Stock of the Year” by Fchoice, an annual poll organized by CafeF since 2021. This award reflects outstanding achievements and breakthrough contributions with significant impact on the national economy, particularly in the financial sector, further affirming SHB’s prestige in both domestic and international markets in terms of scale, liquidity, corporate governance, and transparency.

In the first nine months of 2025, SHB continued its sustainable growth momentum, recording pre-tax profit of VND 12,235 billion, up 36% year-on-year, and completing 85% of the annual plan. Capital adequacy ratios exceeded both regulatory and international standards, with CAR above 12%, significantly higher than the 8% minimum required under Circular No. 41/2016/TT-NHNN.

As of September 30, 2025, SHB’s total assets reached VND 852,695 billion, representing a 14.1% increase compared to the end of 2024 and exceeding the 2025 target, with our aim to reach VND 1 quadrillion in total assets by 2026. In 2025, SHB completed the dividend payment for 2024 at a rate of 13% in shares and 5% in cash, resulting in a total dividend yield of 18%.

Building an Ecosystem and Expanding Regionally

SHB is implementing a strong and comprehensive transformation strategy toward the “Bank of the Future” model, deeply integrating advanced technologies such as Artificial Intelligence (AI), Big Data, and Machine Learning across operations, risk management, product development, and service delivery.

Through comprehensive financial solutions, SHB continues to expand cooperation with strategic partners, including major state-owned and private corporations both domestically and internationally, developing integrated ecosystems and supply chains for participating businesses, small and medium-sized businesses, and individual customers, thereby reinforcing its position as a leading bank.

Internationally, SHB further reinforces its standing as one of the few Vietnamese banks selected by leading development finance institutions—such as the World Bank, JICA, ADB, and KfW—as an on-lending bank and provider of financing for key national projects, while also participating in ADB’s Global Trade Finance Program.

As part of its comprehensive transformation, SHB is currently focusing on four strategic pillars: institution, policy, pocess reform; people-centricity; customer and market-centricity; and IT modernization and digital transformation.

SHB aspires to become the most efficient bank, the most favored digital bank, the premier retail bank, and the primary provider of financial products and services to strategic private and State corporate customers with a green supply chain, value chain and ecosystem. By 2035, we aspire to be a modern retail bank, a green bank, and a digital bank ranked among the regional leaders.