HDBank has announced a robust financial performance for the first half of 2026, with pre-tax profit climbing 31% year-on-year to VND13.2 trillion (US$505 million). The bank's total assets surged 12.3% from the beginning of the year to VND1.04 quadrillion (US$39.6 billion) as of June 30, placing it among a select group of Vietnamese banks with assets exceeding the VND1 quadrillion mark (US$38 billion). This milestone reflects the bank's strategic growth and operational efficiency.
The bank delivered industry-leading profitability, with return on equity (ROE) at 25.4% and return on assets (ROA) at 2.17%. Total operating income rose 8.8% year-on-year to VND22.68 trillion (US$862.8 million), driven by a 23.1% increase in non-interest income. Digital transformation initiatives have been pivotal, reducing the cost-to-income ratio to 24.9%, with more than 94% of retail transactions now conducted digitally.
Outstanding loans grew 18.8% to VND698.36 trillion (US$266 billion), with lending concentrated in manufacturing, SMEs, agriculture, infrastructure, supply chains, and consumer finance. Total funding reached VND932.44 trillion (US$35.5 billion), up 12.1%, while customer deposits increased by more than 20%. This robust deposit growth underscores customer confidence and supports the bank's lending activities.
HDBank's growth is propelled by an integrated ecosystem spanning banking, digital finance, securities, insurance, fund management, and consumer finance, alongside aviation, real estate, infrastructure, technology, and education. Serving over 34 million direct customers and reaching an additional 20 million through partners, this network facilitates strong customer acquisition and cross-selling opportunities.
Among its subsidiaries, HD SAISON contributed pre-tax profit of more than VND804 billion (US$30.6 million), while HD Securities reported VND1.47 trillion (US$55.9 million), up 286% year-on-year, making it one of Vietnam's 10 most profitable securities firms. Vikki Digital Bank expanded its user base to over 3.5 million, reflecting the group's digital reach.
HDBank maintains strong financial health with a Basel II capital adequacy ratio above 14% and a loan-to-deposit ratio of 72%. Basel III liquidity ratios, including the liquidity coverage ratio and net stable funding ratio, remained above 100%, ensuring resilience.
The bank's creditworthiness has been recognized internationally. In Q2, Moody's Ratings upgraded HDBank's outlook to positive, and Fitch Ratings assigned the bank first-time Long-Term Foreign- and Local-Currency Issuer Default Ratings of 'BB-', placing it among the highest-rated commercial banks in Vietnam. Additionally, HDBank secured a US$721 million international syndicated social loan, the largest such loan ever raised by a Vietnamese organization.
With strong momentum across its core businesses, HDBank is well positioned to achieve and surpass its 2026 pre-tax profit target of over VND30.1 trillion (US$1.1 billion), up 41% from 2025. This performance highlights the bank's strategic execution and its role in Vietnam's financial sector.
