Hcm City, Vietnam - 4 November 2025 - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) reported consolidated 9M2025 profit before tax of VND 14.8 trillion ($562.4 million), up 17% year-on-year (YoY).

Profitability indicators remained among the highest in the banking sector, with return on equity (ROE) at 25.2% and return on assets (ROA) at 2.1%, underscoring efficient operations and a solid financial foundation.

As of 30 September 2025, total assets stood at VND 782 trillion ($29.7 billion), a 12.1% increase YTD. Credit growth reached 22.6 %, focused on priority sectors and essential business activities. The non-performing loan ratio was 1.97%, while the capital adequacy ratio under Basel II reached 15%, among the highest in the industry.

Non-interest income rose sharply to VND 5.37 trillion ($204.1 million), up 178.6% YoY, driven by income diversification and digitalisation. Transactions via digital channels grew by 47%, accounting for 94% of total retail transactions, thus, cost-to-income ratio recorded at 25.7%, one of the lowest in the sector. HDBank currently serves over 20 million customers.

Subsidiaries and affiliates also posted strong results. HD SAISON recorded profit of VND 1.1 trillion ($41.8 million) with an ROE of 24.4%, maintaining its leading position in consumer finance. HD Securities earned VND 614 billion ($23.3 million) in profit, up 30% YoY, while Vikki Bank turned profitable after seven months of transaction, attracting over 1.3 million new customers and launching the innovative Vikki Café model – a new-generation experience branch.

HDBank will seek shareholder approval for a 30% total dividend and bonus share distribution for 2025, including a 25% stock dividend and 5% bonus shares, reaffirming its commitment to high and stable shareholder returns.

Following the amended Decree 69, the bank's foreign ownership limit has been lifted to 49%, improving its ability to attract international investors and enhance stock liquidity.

During General Secretary Tô Lâm's official visit to the United Kingdom, the London Stock Exchange discussed a Memorandum of Understanding with HDBank to promote potential listings, international capital mobilisation and access to global investors.

With outstanding profitability, an attractive dividend policy, and a clear strategy for digitalisation and international integration, HDBank is well-positioned to sustain double-digit growth, reinforcing its position among the most high-performing and profitable banks in Vietnam.

Re-disseminated by The Asian Banker