HDBank

HDBank targets high growth in 2024: $625.5m profits, 30% dividend

29/04/2024 21:50

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has announced an ambitious pre-tax profit target of VND15.85 trillion (US$625.5 million) for 2024, a 22% increase from the previous year, at its annual general meeting on Friday, April 26.

HDBank announces financial statements with profit of $524 million, ROE 24.2%, releases 2024 ESG report

01/04/2024 20:00

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - stock code: HDB) on March 29 announced its 2023 audited financial statements, which show it achieved its best-ever results with pre-tax profit exceeding VND13 trillion (US$524 million), an increase of 26.8%, further consolidating its rapid and steady growth.

HDBank Receives Board of the Year Award for Best Corporate Governance Practice

27/11/2023 18:05

On November 22, during the Annual Forum on Corporate Governance in Hanoi, the Vietnam Institute of Directors (VIOD) presented the Board of the Year Award to the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HDB).

HDBank and Fulbright University Vietnam sign agreement for reciprocal capital

13/09/2023 14:00

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed an agreement with Fulbright University Vietnam on September 10 to provide reciprocal capital equivalent to US$20 million for building facilities to improve the quality of teaching and students' lives, develop scientific research and promote innovation.

HDBank sets up Korea Desk for corporate clients

26/06/2023 12:35

To mark the visit to Vietnam by Korean President Yoon Suk Yeol and a delegation comprising executives from 200 large companies, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has set up the Korea Desk to provide specialized banking products, services, and advisory support to Korean corporate customers.

HDBank’s earnings growth to be 16 and 20 per cent in financial year 2023- 2024

05/01/2023 17:15

With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023.

HDBank to issue $500m worth of convertible bonds and lift its FOL to 20%

02/12/2022 12:15

HCM CITY, VIETNAM - Media OutReach - 2 December 2022 - The HCM City Development Joint Stock Commercial Bank, or HDBank, is seeking shareholders' approval to issue convertible bonds worth US$500 million to international investors. HDBank is also seeking approval to increase the foreign ownership limit from 18 per cent to 20 per cent.

Vietjet and HDBank Partner to Make Air Travel More Convenient, Cashless and Rewarding

12/05/2022 16:40

HDBank and Vietjet have collaborated to launch Vietnam's foremost budget airline co-branded Platinum card with an aim to make flying and shopping more convenient, cashless and rewarding.

IFC and HDBank Cooperate to Support to Scale up Finance for SME

12/05/2022 15:35

On May 11, IFC and Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) have signed a Memorandum of Understanding (MoU) to become strategic partners, supporting small and medium enterprises (SMEs) to scale up finance and participate in the global supply chains, including financing the high-tech agricultural chain. Stephanie von Friedeburg – IFC's Senior Executive Vice President (second from left) and Tran Hoai Nam – HDBank's Deputy General Director (first from right) hand over the signing document under the witness

HDBank gets US$50 million from French development agency to finance green projects

17/09/2021 16:30

HO CHI MINH CITY, VIETNAM - Media OutReach - 17 September 2021 - Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank.

HDBank to pay 25 percent dividend in shares, Moody's raises credit rating

07/06/2021 11:40

The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan.

HDBank keeps raising its performance bar

28/04/2021 17:50

HO CHI MINH CITY, VIETNAM - Media OutReach - 28 April 2021 - This is the first year of a five-year plan for HDBank and a busy one for its whole eco-system as it plans to undertake many more activities to enable it to reach new heights in all aspects, Nguyen Thi Phuong Thao, HDBank's deputy chairwoman, has said. Speaking at the AGM which was held on April 23, Thao also said that the Bank also plans some major programmes and projects for reforming business strategy, HR development, digital transformation, and enhancing co-operation with partners. "We will also constantly connect with strategic partners, large corporate

HDBank AGM: Accelerate digital transformation, target high growth, have responsibility towards customers, economy

26/04/2021 13:00

HO CHI MINH CITY, VIETNAM - Media OutReach - 26 April 2021 - Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) approved all the statements and proposals by the board of directors at its annual general meeting of shareholders on April 23. HDBank achieved its best results ever in 2020. Total consolidated assets increased by 39.1 per cent to VND319.127 trillion (US$13.8 billion). Deposits and loans outstanding at the end of the year reached VND 208.953 trillion ($9.04 billion) and VND 188.228 trillion ($8.14 billion), up 38.4 per cent and 23 per cent for the year. Return on

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