SloveniaHDBank, a major Vietnamese bank based in Ho Chi Minh City, reported a 31% increase in pre-tax profit for the first half of 2026, reaching VND13.2 trillion (US$505 million). Its total assets surpassed VND1.04 quadrillion (US$39.6 billion), making it one of the few Vietnamese banks with assets exceeding VND1 quadrillion. The bank achieved industry-leading profitability metrics, including a return on equity (ROE) of 25.4% and a return on assets (ROA) of 2.17%. Operating income rose 8.8% year-on-year, with significant growth in non-interest income. HDBank's digital transformation contributed to a reduced cost-to-income ratio of 24.9%, and over 94% of retail transactions were conducted digitally. Lending activities focused on sectors like manufacturing, SMEs, agriculture, and infrastructure, while customer deposits increased by more than 20%. The bank's diversified ecosystem includes subsidiaries in securities, insurance, and digital finance, supported by strong financial health indicators such as a Basel II capital adequacy ratio above 14% and a loan-to-deposit ratio of 72%. Moody's upgraded HDBank's outlook to positive, and Fitch assigned it a credit rating of 'BB-' among Vietnam'stop
Bias read (Center): The article presents factual financial performance data and operational updates about HDBank without overt ideological framing. It focuses on economic indicators, corporate performance, and regulatory compliance without taking a partisan stance.
