•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
SHB’s annual general meeting (AGM) on the afternoon of 22/4 drew nearly 3,000 shareholders, representing more than 57% of voting shares. The bank presented its business plan for the year, including two scenarios based on credit growth limits, alongside proposals on profit distribution and capital increases, as well as strategic directions such as establishing a subsidiary at the International Financial Center (VIFC).
SHB will develop two business scenarios for the year depending on the credit growth ceiling.
SHB aims to keep the bad debt ratio below 2% and plans to pay an 18% dividend for 2026.
For profit distribution in 2025, SHB proposed a total dividend rate of 16%, comprising 10% in shares and 6% in cash, equivalent to about 8,550 billion VND. The bank also plans to maintain the 18% dividend rate in 2026.
SHB plans to issue nearly 534.5 million shares to pay dividends, increasing charter capital from 45,942 billion VND to about 58,786 billion VND. The additional capital is intended to support business activities, including about 3,264 billion VND for production and business lending and projects, 1,700 billion VND for fixed assets, and 380 billion VND for consumer lending.
During the discussion, the pace of capital increase drew attention. Chairman Do Quang Hien said the bank “very much hopes to raise capital quickly,” while balancing shareholder interests, particularly those of minority shareholders, which is why the process is being carried out cautiously.
The AGM approved the plan to establish a subsidiary bank at the International Financial Center (VIFC) to expand operations internationally. SHB also announced that its headquarters project at 31–33 Ly Thuong Kiet Street has been approved, with a scale of 14 above-ground floors and 5 basements, expected to start in early 2027.
At the AGM, SHB launched a new brand identity, marking a step in its development strategy. The bank also plans to transfer capital in two subsidiaries in Laos and Cambodia; the Laos deal is awaiting regulatory approval, while the Cambodia market faces difficulties. SHB said it will continue seeking suitable partners while ensuring compliance and shareholder rights.
For its long-term strategy, SHB said it is looking for strategic investors who can participate in governance and accompany the bank over the medium and long term, rather than only providing short-term benefits.
In lending activity, SHB continues to lend in real estate at a high level but maintains safe ratios. The bank expects the real estate market to recover, supporting credit growth and profits.
SHB also explained that the decline in net interest income in Q4 2025 was mainly due to policy support for customers, especially large corporates and SMEs. Despite this, the bank reported that the scale of operations grew in Q1 2026, with total assets at 930,900 billion VND and pre-tax profit at 4,660 billion VND, up 7% year-on-year.
The AGM approved proposals on business plans, profit distribution, capital increase, and other strategic directions, including the establishment of the VIFC subsidiary.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
