HDBank Achieves Record Pre-tax Profit in H1 2025

HDBank of Vietnam has reported an unprecedented pre-tax profit of VND10.1 trillion (US$383 million) for the first half of 2025. This marks a 23.3% increase compared to the previous year. The bank attributes this growth to digital transformation, strong credit expansion, and effective risk management strategies.

In the second quarter alone, HDBank's pre-tax profit reached VND4.7 trillion ($179 million). The bank's total operating income saw a 30% increase to nearly VND20.8 trillion ($791 million), with a 15.8% rise in net interest income and a significant 210% increase in non-interest income, driven largely by digital banking and forex trading.

By June 30, total assets stood at VND784 trillion ($29.8 billion), with customer deposits rising by 7% and outstanding loans increasing by 18.2%. HDBank's non-performing loan ratio remained low at 1.94%, while its capital adequacy ratio exceeded 13% under Basel II standards.