The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has reported a significant acceleration in profitability for the first half of 2026, with pre-tax profit rising 31% year-on-year.
The lender also announced that its total assets have surpassed the VND1 quadrillion milestone, marking a key threshold in its balance sheet expansion.
The 31% increase in pre-tax profit suggests robust performance in core lending and fee-based activities during the period, despite broader economic uncertainties in the region.
The results, published on August 3, highlight the bank's continued growth trajectory in Vietnam's banking sector.
The 31% increase in pre-tax profit suggests robust performance in core lending and fee-based activities during the period, despite broader economic uncertainties in the region.
HDBank's asset base crossing the VND1 quadrillion mark underscores its scale and market position.
This expansion reflects the bank's strategy to deepen its footprint in corporate and retail banking, leveraging its strong presence in Ho Chi Minh City and other key economic hubs in Vietnam.