SHB boosts capital base to accelerate its 2026 growth plan

Saigon-Hanoi Bank (SHB) says it is entering 2026 with an acceleration plan built around two pillars: enlarging its capital base and raising governance standards to international norms, alongside a comprehensive business strategy aligned with major Party and State directives. The bank says the approach is intended to strengthen competitiveness, broaden access to international funding, and support sustainable value for shareholders.

Raising charter capital to strengthen safety and investor appeal

SHB is implementing a plan to raise charter capital to 53,442 billion VND. The bank plans to issue 750 million shares, including shares for private placements, offerings to existing shareholders, and an employee stock ownership plan (ESOP).

SHB expects the capital increase to add over 10,000 billion VND of capital, including surplus capital, which it says would position the bank among the top private banks in Vietnam.

The bank frames the capital raise as more than a scale expansion, saying it is aimed at improving capital adequacy, resilience, and risk management to meet international governance standards. SHB notes that in banking and finance, the capital base, capital adequacy ratio (CAR), risk governance, Basel compliance, and asset quality influence financial health, credibility, funding access, and international trust.

SHB says its private placement has drawn interest from international financial institutions and large funds, including Dragon Capital, KIM, VinaCapital, PVI, and FPT Capital, among others.

International funding momentum

In 2025, SHB mobilized two ESG-based medium-term USD loan facilities totaling USD 600 million. SHB said both transactions saw demand exceeding initial guidance, allowing the bank to exercise a greenshoe option to optimize the funding structure for green projects. The deals attracted participation from a total of 26 international financial institutions.

SHB is also pursuing foreign funding arrangements totaling up to USD 1 billion and negotiating up to USD 1 billion in external financing. Reports cited by the bank indicate it is expected to receive a USD 350 million three-year loan from an international lender in Q1 2026, with further negotiations for a USD 500 million three-to-five-year loan.

SHB says these developments reflect how higher capital adequacy, governance standards, and risk management controls can expand access to international funding and collaboration opportunities.

2026 business plan and transformation priorities

With a strengthened capital base, SHB says it is entering 2026 with a “breakthrough” business plan. The bank also expects the planned transfer of the remaining 50% stake in SHB Finance to Krungsri, a member of MUFG (Japan), to be completed in Q2 2026. SHB says the transaction could deliver a substantial capital surplus and allow the bank to focus resources on core business areas.

SHB says its growth model is designed to link development with key macroeconomic pillars while deepening cooperation with large domestic and international groups to expand its customer ecosystem, develop the SME segment, and enhance cross-selling. The bank says the ecosystem approach is intended to broaden lending, optimize customer quality, and strengthen risk management by tracking cash flows across the value chain.

SHB adds that its strategy aligns with national directions on state-led and private sector development, digital transformation, and international integration. It cites capital increases, governance upgrades, expanded international partnerships, supply-chain financing, and engagement with large corporations, SMEs, and retail clients as part of its growth approach.

Dividend policy and shareholder value

SHB says it maintains a stable and attractive dividend policy supported by its growth foundation and repeatable earnings milestones. The bank reports that it has maintained a dividend payout of 16–18% for many years, with a cash dividend portion of 5%.

Specifically, SHB says it paid an 18% dividend in 2024 (including 13% in stock and 5% in cash). For 2025–2026, SHB expects dividend payout to remain at 16–18%, with 2025 dividends projected at 16% (including 6% in cash and 10% in stock).

SHB concludes that its 2026 stance is shaped by stronger financial capacity, a comprehensive business strategy, and deeper international integration—aimed at attracting large capital inflows, supporting the economy, and delivering long-term value for shareholders.