SHB approved to increase charter capital to 45,942 billion VND

The State Bank of Vietnam (SBV) has issued a document approving Saigon - Hanoi Bank ( SHB ) to issue shares to pay 2024 dividends to existing shareholders at a rate of 13%.

Accordingly, the State Bank of Vietnam approved SHB to issue 528.5 million shares to pay dividends in 2024 at a rate of 13%, equivalent to shareholders owning 100 shares will receive 13 more shares. The capital used to issue shares to pay dividends comes from after-tax profits after setting aside funds in 2024. After completion, SHB's charter capital will increase from VND 40,657 billion to VND 45,942 billion, continuing to maintain its position in the Top 5 largest private commercial banks in the system. The expected increased charter capital will be used by SHB to continue expanding its scale of operations and business development, increasing investment in digital transformation.

SHB approved to increase charter capital to 45,942 billion VND

According to the Resolution approved by the 2025 Annual General Meeting of Shareholders, SHB will pay a total dividend of 18% in 2024, including 5% in cash and 13% in shares. Previously, SHB completed the payment of the 2024 dividend in cash at a rate of 5% on June 20, 2025. The early implementation of dividend payment in both shares and cash demonstrates the commitment of SHB's Board of Directors to the rights and interests of the bank's shareholders.

During its operation, SHB has always developed safely, publicly and transparently; profit has grown sustainably, charter capital has increased and dividends have been paid regularly at 15-18% for many years. SHB's safety, liquidity and risk management indicators are all better than the regulations of the State Bank and according to international standards.

Capitalization of nearly 2.4 billion USD, strong investment in technology and digital transformation

On the stock market, SHB's capitalization is currently nearly 2.4 billion USD, its stock price has increased by 64% since the beginning of the year, at 14,600 VND/share on July 21. Stock liquidity is always in the Top of VN30 and the banking industry with an average trading volume of 70 million units per session in the second quarter of 2025. Recently, SHB continued to record a new record in liquidity in the session on July 7 with nearly 250 million shares traded. Facing the attraction of SHB, foreign investors did not stand aside with a record net buying session of 41 million units. Accumulated from the beginning of July until now, foreign investors have net bought nearly 81 million SHB shares.

SHB stock price movement since the beginning of the year

By the end of the first quarter of 2025, SHB's total assets reached VND 790,742 billion, an increase of 6% compared to the end of 2024. Outstanding credit balance reached VND 575,777 billion, an increase of 7.8%, focusing on investment in key production and business sectors and industries with growth potential associated with the sustainable development orientation of the economy , creating a foundation for stable and effective growth in the long term. Pre-tax profit in the first quarter reached VND 4,400 billion, achieving 30% of the annual plan.

In 2025, the Bank aims to have total assets exceeding VND 832 trillion and by 2026 is expected to exceed VND 1 million billion, affirming its leading position in the domestic and regional financial markets.

SHB is implementing a strong transformation in the 2024-2028 period with the vision of “Bank of the Future”, integrating modern technologies such as AI, Big Data, Machine Learning into the entire process and services. This model is expected to enhance competitiveness, comprehensively digitize the customer journey, enhance experience, automate operations, modernize core banking and expand technology infrastructure, thereby promoting effective growth and developing advanced service solutions.

Accompanying society and country

Over the years, SHB has always been in the Top 5 banks with the largest budget contributions and has been a pioneer in responding to major policies of the State. With a development philosophy associated with social responsibility and the spirit of "Contributing to society is a duty and an honor", SHB and its business ecosystem have spread many humane values, contributing thousands of billions of VND through the Vietnam Fatherland Front to support the poor and disadvantaged, overcome natural disasters and epidemics, and build solidarity houses. Typical is the program of donating 1,000 gratitude houses to the poor and meritorious people of Ha Giang province with a total cost of 60 billion VND; supporting 25 billion VND to eliminate temporary houses and build solidarity houses for poor households in Dien Bien province, etc.

With many practical contributions, SHB was honored at prestigious awards such as: “Bank for People”, “Best Bank for Public Sector Customers in Vietnam” (FinanceAsia), “Best Sustainable Finance Bank in Vietnam” (Global Finance), “Best Sustainable Finance Bank for SMEs” (Alpha Southeast Asia). In 2025, SHB was ranked by Brand Finance in the Top 500 banks with the highest brand value globally.

In its transformation strategy, SHB aims to become a TOP 1 Bank in terms of efficiency; the most favorite Digital Bank; the best Retail Bank and at the same time a TOP Bank providing capital, financial products and services to strategic private and state-owned corporate customers, with a supply chain, value chain, ecosystem, and green development. By 2035, SHB will become a modern retail bank, a green bank, a digital bank in the TOP of the region./.

Source: https://baodautu.vn/shb-duoc-chap-thuan-tang-von-dieu-le-len-45942-ty-dong-d337674.html