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On the morning of April 24, 2026, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, ticker: HDB) held its 2026 annual general meeting (AGM) in a hybrid format, enabling participation from shareholders nationwide and abroad. The meeting opened with remarks from HDBank Chairman Kim Byoungho, who said 2025 was challenging globally and domestically, but the bank still delivered strong performance, including pretax profit exceeding 21 trillion VND.
At the AGM, management outlined the 2026 plan, including a pretax profit target above 30 trillion VND, representing an increase of about 41% year-on-year. The bank also set targets for its balance sheet, including total assets exceeding 1,194 trillion VND and total mobilization of around 1,060 trillion VND.
Consolidated loans are expected to rise to about 805 trillion VND. Management said the bank will focus on production, business, and supply-chain sectors to optimize asset quality, with non-performing loans kept under 2%.
The AGM discussed dividend and capital plans. Management noted that 2025 distributable equity could support a 30% dividend. It also highlighted a potential capital increase through equity issuance to strengthen capital, with a goal to raise common equity to about 103 trillion VND in 2026.
The AGM included investor representatives from DEG and LeapFrog Investments, who reaffirmed confidence in HDBank’s strategic direction, ESG commitments, and digital banking expansion aimed at serving tens of millions of customers. Management emphasized continued growth alongside robust risk controls and a focus on value creation for shareholders.
Management said there was broad consensus on the proposals presented. The bank reaffirmed a long-term, ecosystem-based growth plan and a commitment to transparent governance.
The meeting concluded with leadership thanking regulators, shareholders, and partners, reiterating that HDBank’s strategic architecture—combining banking, consumer finance, securities, and digital platforms—will support high-quality growth and shareholder value.
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