HDBank posts 31% rise in first-half profit, assets exceed VND1 quadrillion
HCMC, VIETNAM – Media OutReach Newswire – 3 August 2026 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) reported strong first-half 2026 results, with pre-tax profit rising 31% year-on-year to VND13.2 trillion (US$505 million). An HDBank transaction office in HCM City. — Photo courtesy of the bank. Total assets increased 12.3% from the beginning of the year to VND1.04 quadrillion (US$39.6 billion) as of June 30, placing HDBank among the few Vietnamese banks with assets exceeding VND1 quadrillion (US$38 billion). The bank delivered industry-leading profitability, with ROE of 25.4% and ROA of 2.17%. Total operating income rose 8.8% year-on-year to VND22.68 trillion (US$862.8 million), with non-interest income up 23.1%. Digital transformation helped reduce the cost-to-income ratio to 24.9%. More than 94% of retail transactions are now conducted digitally. Outstanding loans grew 18.8% to VND698.36 trillion (US$266 billion), with lending focused on manufa...