The State Bank's decision was issued after SHB completed the issuance of nearly 403 million shares to pay dividends in 2023 at a rate of 11%, equivalent to shareholders owning 100 shares will receive 11 new shares.

With a charter capital of over VND 40,657 billion, SHB continues to hold its position in the Top 5 largest private commercial banks in the system. According to the Resolution of the 2024 Annual General Meeting of Shareholders, SHB will pay 2023 dividends at a total rate of 16%, including 5% in cash and 11% in shares. In August 2024, the Bank completed the first 2023 cash dividend payment at a rate of 5% to shareholders.

SHB officially increased its charter capital to 40,657 billion VND

Over the years, SHB has regularly paid dividends at a rate of 10 - 18%, demonstrating its responsibility to shareholders, while constantly improving its capital base, developing safely, sustainably and effectively, and continuously improving its management capacity according to international standards and modern models.

A strong financial foundation is a measure to affirm the Bank's reputation in the market, thereby providing the basis to expand capital attraction from residents, businesses or mobilize from the bond market with appropriate interest rates and terms, to circulate capital to key areas, priority development of the Government, green credit...

2025 profit plan increased by 25%

In 2025, SHB plans to have total assets exceeding VND832 trillion, with total outstanding credit growth of 16%. The bad debt ratio is strictly controlled below 2%. Pre-tax profit is targeted at VND14,500 billion, up 25% compared to 2024.

The bank continues to strengthen its risk management capacity and monitor compliance with modern, effective international standards. In addition, the bank identifies the prevention of corruption, waste and negativity as one of its core, regular, continuous and long-term tasks, demonstrating its commitment to maintaining a transparent, fair and effective working environment. The bank invests in building a data platform and smart analysis tools, helping to forecast risks in real time and support quick, accurate decision-making, adapting to market fluctuations. At the same time, SHB implements modern risk management standards such as Basel III, advanced capital calculation method (IRB), asset-liability management system (ALM), internal valuation (FTP) and international accounting standards IFRS 9.

This year, SHB also aims to increase its charter capital to VND45,942 billion, consolidate its strong financial foundation, and maintain its position in the TOP5 largest private banks in Vietnam. Accordingly, the Bank will pay a total dividend of 18% in 2024, including 13% in shares and 5% in cash. Last year, SHB completed paying a 2023 dividend of 16%, including 11% in shares and 5% in cash, ensuring shareholder benefits.

Closely following and actively responding to the policies of the Party, Government, and State Bank of Vietnam, and on the basis of regular research and analysis of domestic and international situations and strategic orientations, strategic management towards efficiency, safe and sustainable development, SHB always accompanies people and businesses, developing the economy in parallel with social development. SHB identifies 2025 as a breakthrough year of transformation and strong transformation, both strengthening internal strength and maintaining sustainable growth momentum.

The Bank continuously improves its management and administration capacity, focusing on perfecting a streamlined, strong, efficient, effective and efficient organizational structure associated with decentralization, delegation of authority, and promoting initiative at all levels.

Accompanying the community and society

In addition, throughout 32 years of development, SHB has accompanied the creation and spread of good values ​​to the community and society. The bank is committed to fulfilling its social responsibility, contributing to the development of a green economy, comprehensive finance and a prosperous community. In 2024, the bank has spent more than 150 billion VND on social security activities, supporting the poor, developing education and taking care of community health.

Throughout 32 years of development, SHB has accompanied in creating and spreading good values ​​to the community and society.

In particular, accompanying the Ministry of Public Security, SHB and T&T Group implemented a program to eliminate temporary houses, support the poor in all provinces and cities, build 700 houses for the poor in Bac Lieu province; and build 150 houses for people and 1 school for children of ethnic minorities in mountainous areas severely affected by storms and floods such as: Son La, Phu Tho, Tuyen Quang, Dien Bien, Yen Bai, Ha Giang, Cao Bang, Bac Kan, Thai Nguyen... Accompanying in social security activities has become SHB's traditional culture, not only at the present time but also in difficult periods of the community in the past. During the pandemic, SHB actively and proactively contributed to society, helping people overcome difficult times through donating money, sponsoring equipment and essential supplies at hospitals, supporting through loan packages...

The bank also implemented financial support packages, interest rate reductions with a total amount of up to thousands of billions of VND (interest rate support loan program; housing support loan package for low-income people); at the same time, it supported customers in building business plans and providing comprehensive financial products and services on a modern technology platform, helping customers manage their finances effectively. SHB also actively connects businesses with reputable organizations, provides market information and support policies from the State, helping businesses stabilize and develop.

Entering a new era, SHB continues to focus on shareholders' interests, care about the lives of employees, bring prosperity to customers, shareholders, partners, investors, employees and more broadly, the community and society.

Source: https://thoibaonganhang.vn/shb-chinh-thuc-nang-von-dieu-le-len-40657-ty-dong-162782.html