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As of 2:00 PM, SHB’s annual general meeting (AGM) had 2,818 shareholders registered to attend, representing 57.05% of the voting shares. Of these, 1,987 shareholders attended in person and 831 attended by proxy. By 2:45 PM, the number of in-person participants at the AGM was about 3,000, representing more than 160,000 SHB shareholders.
At this year’s AGM, SHB presented its business plan with two scenarios, based on the credit growth limit allocated by the State Bank of Vietnam.
With a maximum credit growth of 10.2%, customer lending is expected to reach 681,703 trillion VND. Based on this, SHB targets a pretax profit of 17,655 billion VND, up 18% from 2025. Total assets are projected at 974,773 trillion VND, up 9%.
In the positive scenario, if the credit growth limit is 16%, lending could reach 716,148 trillion VND. Pretax profit is expected to reach 19,165 billion VND, up 28% year-on-year. Total assets are projected to rise 15%, exceeding 1,000 trillion VND.
Beyond scale and profitability targets, SHB said it aims to strictly manage asset quality, keeping the ratio of non-performing loans below 2% in line with regulations.
Deputy Chairman Do Quang Vinh said 2026 marks a new era for the bank, focused on accelerating transformation and expansion. With strategic objectives in place, SHB aims by 2030 to be the number-one bank in efficiency, the most loved digital bank, the best retail bank, and a top provider of funding, financial products, and services to strategic corporate customers within a supply-chain ecosystem, SMEs, individuals, and sustainable development. By 2035, SHB aims to be a modern, digital, green bank among regional leaders.
To realize these goals, SHB will continue implementing an all-encompassing transformation strategy built on four pillars: customer and market-centric focus; reform of mechanisms, policies, regulations, and processes; people as the core; and modernization of IT and digital transformation, aligned with six core cultural values: “Tâm – Tin – Tín – Tri – Trí – Tầm.”
A new brand identity was unveiled during the AGM, drawing inspiration from the country’s map outline and the philosophy of “heaven round, earth square.” According to Mr. Vinh, the branding change represents more than images, serving as a strategic milestone signaling transformation, continuity, and modernization while preserving traditional values.
In the Q&A with shareholders, topics ranged from the pace of capital increases to the strategy for overseas assets, foreign investors, Huawei cooperation, and questions about Q1 results and risk management. The meeting closed with all resolutions approved by high consensus.
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