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Saigon Hanoi Bank (SHB) has announced results from its private placement of shares to professional securities investors at a price of 16,850 dong per share. The transaction is reported to have raised net proceeds of about 3.3 trillion dong, generating a capital surplus of about 1.3 trillion dong, supporting the bank’s plan to increase charter capital and strengthen its financial position.
SHB said this is its first private placement to professional investors, with participation from multiple reputable domestic and international funds. The offering achieved a 100% subscription rate. SHB highlighted the presence of prominent foreign funds among the participants, citing strong investor interest and confidence in the bank’s long-term growth prospects.
The private placement was conducted shortly after SHB’s 2026 general meeting of shareholders (AGM), where attendance was reported as a record high. SHB indicated that the completion of fund payments would further confirm investor commitment following the AGM.
SHB noted that the private placement is one of three components in its capital-raising plan, alongside a rights issue to existing shareholders and an employee stock ownership plan (ESOP). Under the overall plan, SHB expects to issue a total of 750 million shares, aiming to lift charter capital to 53,442 billion dong.
After completion, SHB expects to add more than 10,000 billion dong of capital, including the surplus. The bank said the objective is not only to increase capital size but also to improve capital quality, which it described as a key driver of competitiveness.
SHB said the stronger capital base is intended to help improve its capital adequacy ratio (CAR) to meet Basel standards and international requirements. The bank also expects the increased capital to expand lending capacity, improve resilience to market fluctuations, and enhance its ability to mobilize international capital and cooperate with major financial institutions.
In 2025, SHB reported pre-tax profit of 15,028 billion dong, up 30% year-on-year, reaching 104% of the AGM target. The bank also reiterated its dividend policy, with an expected payout of 16, including 6 in cash and 10 in shares, aiming to balance shareholder interests with long-term development.
SHB’s shares remain listed in VN30, where liquidity is among the highest in the market. The bank said it is expected to benefit from upgrades to the Vietnamese stock market and from potential inclusion in the FTSE Global All Cap index, which could open opportunities for passive funds managed by large international ETFs and index funds.
SHB also pointed to remaining foreign ownership capacity as an advantage for attracting foreign investors, particularly as foreign capital increasingly targets Vietnamese banks. With a strengthened capital base, high stock liquidity, VN30 membership, and potential index inclusion, SHB said it is positioned to attract foreign funds in the coming period.
Looking ahead, SHB said the AGM outcome, the private placement, and growth in international capital provide a foundation for its next development phase. The bank aims by 2030 to become the leading bank in efficiency, the leading digital bank, the best retail bank, and a top provider of capital and financial products for strategic enterprise customers, including ecosystems across supply chains, SMEs, individuals, value chains, and green development.
By 2035, SHB aspires to be a modern digital green bank among leading banks in the region.
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