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Saigon-Hanoi Bank (SHB) held its 2026 Annual General Meeting (AGM) on April 22, 2026, attracting nearly 3,000 shareholders in attendance, a record for bank annual meetings this year. The meeting featured open and accountable discussions, with shareholders highlighting SHB’s 2025 performance and progress against AGM targets.
SHB reported total assets of VND 892,009 billion, up 19% from the beginning of the year and reaching 107% of the AGM plan. Charter capital (vốn điều lệ) was VND 45,942 billion, with a plan to raise it to VND 53,442 billion in May 2026 to support future growth.
Profit before tax reached VND 15,021 billion, up 30% from 2024 and exceeding the plan by 4%. Outstanding credit stood at VND 619,538 billion, up 16%, with SHB stating it managed credit growth to improve asset quality and capital efficiency.
SHB also maintained a cost-to-income ratio (CIR) of 22.1%, described as among the lowest in the sector, supported by digitizing processes and deploying technology across the system.
For 2025, SHB plans to pay dividends at 16%, including 6% in cash and 10% in stock.
For 2026, SHB presented two scenarios aligned with the credit growth cap approved by the State Bank of Vietnam (NHNN), reflecting flexibility in response to the macroeconomic outlook.
In both scenarios, SHB said it will continue to manage credit quality closely, keep the non-performing loan ratio below 2%, and raise charter capital to VND 58,786 billion to strengthen financial capacity and meet international standards.
Based on the reported 2025 performance and growth prospects, SHB expects 2026 dividends at 18%, citing a consistent commitment to shareholder rights and long-term value.
The bank also outlined plans to strengthen financial capacity, scale with quality, control asset quality tightly, implement debt resolution solutions, and build a risk-management and integrity culture across the organization.
NHNN praised SHB’s growth results and sustainable direction. At the AGM, NHNN representative Hoang Huyen Cham, Deputy Director of NHNN Region 1, noted SHB’s determination and overall performance in a challenging 2025 environment, including 30% profit growth and achievement of AGM targets. The NHNN representative also pointed to SHB’s digital transformation, process reforms, improved productivity, and continued international fundraising, citing these as evidence of SHB’s improving reputation in international markets and support for government and NHNN programs, particularly for priority sectors and SMEs.
SHB also announced a new brand identity as part of its modernization journey. The identity is inspired by Vietnam’s S-shaped outline and the philosophy of “round sky, square earth,” linking national culture with modern technology and integration. SHB said the change reflects a new development phase while preserving traditional values and advancing digitization and innovation, reaffirming its positioning as the “Future Bank.”
The AGM approved key items including the business plan, capital increase plan, dividend policy, and the establishment of a wholly-owned Vietnam International Finance Center at the International Financial Center in Vietnam.
SHB’s Vice Chairman and CEO-Designate Do Quang Vinh reiterated the bank’s focus on cooperation with major corporate groups and market leaders. SHB positions itself as a provider of capital, products, services, and modern financial solutions for strategic partners and large ecosystem customers, including supply chains and SMEs, supported by digital transformation and green development.
The SHB 34th AGM concluded with near-unanimous approval of all items. SHB’s Chairman Do Quang Hien pledged to continue building on the bank’s 33-year legacy and financial foundation, maintaining corporate culture, teamwork, discipline, optimism, and continuous improvement to implement the AGM’s strategic goals and plan.
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