SHB records a record shareholder turnout at the 2026 Annual General Meeting (AGM), with nearly 3,000 shareholders attending in person. The event reflects SHB’s market appeal beyond a typical shareholder meeting, underscoring the bank’s broad public ownership among Vietnam’s top private banks, with more than 160,000 shareholders and inclusion in the VN30 index. SHB’s stock maintains top-tier liquidity. Recently, foreign funds completed payments to acquire shares in the bank’s private placement, bringing in more than 1,300 billion VND of incremental capital.
At the AGM, SHB outlined its 2026 business plan under two scenarios, corresponding to the approved credit growth cap. In the more favorable scenario, pre-tax profit is targeted at 19,165 billion VND, up 28%; the ratio of bad debts is kept below 2%; registered capital rises to 58,786 billion VND; and the 2026 dividend is projected at 18%. For investors, this signals SHB’s intent to grow on a stronger capital base with higher safety standards and improved asset quality, rather than pursuing size at any cost. The combination of growth speed and financial discipline is essential to retaining current shareholders and attracting new capital.
Throughout the AGM, SHB’s Chairman Do Quang Hien emphasized commitment to shareholders through both words and actions.
Additionally, the capital-raising move has drawn attention from international funds. On April 9 in Hanoi, SHB signed a private placement of 200 million shares to professional investors, representing about 4.35% of the pre-issuance share count. Major funds participated, including Dragon Capital-related funds, Korea Investment Management groups, PVI Asset Management, FPT Capital, HPP, and others. Management highlighted that attracting large investors reinforces SHB’s market position and provides a foundation to accelerate development through stronger financial capacity and better alignment with international standards.
SHB’s appeal extends beyond domestic equity markets to international financing access. Internal documents and 2026 guidance emphasize plans for FTSE eligibility and maintaining scale, liquidity, and transparency standards. In 2025 SHB already secured two
USD syndicated ESG loans totaling USD 600 million and is negotiating financing arrangements up to USD 1 billion, illustrating its ability to attract sizable external funding.
Viewed holistically, the record attendance at the AGM is not merely ceremonial. It reflects layered trust: the transformation trajectory; strong retail investor turnout; market liquidity and VN30 status; institutional funding deals; and international credibility. After 33 years of development, SHB aims for a new phase with a stronger capital structure and broader market reach. The AGM’s record attendance thus stands as a reliable indicator of SHB’s standing in the market.
