Saigon-Hanoi Commercial Joint Stock Bank Bond – SHB125010
Company Information
Saigon – Hanoi Commercial Joint Stock Bank (SHB) was established on November 13, 1993, formerly known as Nhon Ai Rural Commercial Joint Stock Bank. In 2006, the bank officially transformed its operating model into an urban commercial bank and changed its name, marking a significant milestone in its long-term development strategy.
With over 30 years of establishment and growth, SHB has affirmed its solid position in Vietnam’s banking system thanks to a sustainable, safe, and efficient business strategy. The bank currently serves millions of individual and corporate customers, owns an extensive branch network across the country, and is gradually expanding into international markets.
SHB is currently among the Top 5 largest private joint stock commercial banks in Vietnam, with a charter capital of over VND 40 trillion and total assets exceeding VND 825 trillion. Alongside continuous growth over the past five years, SHB has consistently focused on enhancing asset quality, maintaining a well-balanced asset structure that ensures both high profitability and safety, with strong liquidity. The bank’s asset structure has been shifting toward increasing the proportion of non-credit activities, thereby reducing dependence on traditional lending.
SHB currently has 6,297 employees, 687 transaction points across Vietnam and overseas, serving more than 5 million customers and connecting with 400 correspondent banks worldwide. The bank’s operations are built on four core pillars: reforming mechanisms, policies, regulations, and procedures; putting people at the center; focusing on customers and the market; and modernizing information technology and driving digital transformation. SHB is committed to sustainable growth, risk control, and expanding cooperation with major domestic and international economic groups.
Financial Situation
| Financial Information (Billion VND) | 2022 | 2023 | 2024 | 6M2025 |
|---|---|---|---|---|
| Profit after tax | 7.728.918 | 7.324.758 | 9.321.949 | 7.143.249 |
| ROE | 24.7% | 19.9% | 21.4% | 18.34% |
| Total Asset | 542.428 | 630.500 | 747.478 | 825.719 |
| Owner’s Capital | 42.904 | 50.098 | 58.067 | 63.268 |
| NIM | 3.65% | 3.53% | 3.3% | 3.64% |
| CAR | 12.22% | 12.2% | 11.85% | 12.46% |
Bond Information
| Issuance Scale | VND 10,000,000,000,000 (10,000 billion VND) |
| Issue Date | 28/02/2025 |
| Maturity Date | 28/02/2032 |
| Coupon Payment Period | Twice a year |
| Coupon Rate | Current rate: 7.675%/year (28/08/2025 – 28/02/2026) |
| Expected Redemption Date | 28/02/2027 |
Bond Documentaries
- Bond Introduction
- Bond Offering Registration Certificate
- Bond Offering Announcement
- Prospectus
- Resolution No. 14/2024/NQ-BOD dated June 6, 2024 of the Board of Directors of SHB approving the 2024 public bond issuance plan of SHB for the purpose of increasing Tier 2 capital
- Resolution No. 21/2024/NQ-BOD dated September 23, 2024 of the Board of Directors of Saigon – Hanoi Commercial Joint Stock Bank approving the implementation of SHB’s 2024 public bond issuance plan and the detailed plan for the use and repayment of proceeds from the bond offering
- Commitment to the Obligations of the Issuer toward Investors No. 3055/2024/SHB dated June 28, 2024
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