HDBank has announced a significant financial achievement for the first half of 2026, with pre-tax profit soaring 31% year-on-year to VND13.2 trillion (US$505 million). The bank's total assets also crossed the VND1 quadrillion (US$38 billion) mark, reaching VND1.04 quadrillion (US$39.6 billion) as of June 30, a 12.3% increase from the beginning of the year. This places HDBank among a select group of Vietnamese banks with assets exceeding this milestone.
The bank's profitability metrics are among the best in the industry, with a return on equity (ROE) of 25.4% and a return on assets (ROA) of 2.17%. Total operating income grew by 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 has been a key driver, reducing the cost-to-income ratio to 24.9% and enabling over 94% of retail transactions to be conducted digitally.
Lending activities expanded robustly, with outstanding loans growing 18.8% to VND698.36 trillion (US$266 billion). The bank has focused its lending on 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%.
HDBank's growth is supported by an integrated ecosystem that spans banking, digital finance, securities, insurance, fund management, and consumer finance, alongside aviation, real estate, infrastructure, technology, and education. With over 34 million direct customers and an additional 20 million reached through partners, the bank leverages this network for strong customer acquisition and cross-selling.
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 also expanded its user base to more than 3.5 million.
HDBank maintains solid 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, remain above 100%.
In the second quarter, 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.
