HDBank has announced strong financial results for the first half of 2026, with pre-tax profit rising 31% year-on-year to VND13.2 trillion (US$505 million). Total assets increased 12.3% from the beginning of the year to VND1.04 quadrillion (US$39.6 billion) as of June 30, placing HDBank among the few Vietnamese banks with assets exceeding VND1 quadrillion (US$38 billion).
The bank delivered industry-leading profitability, with a return on equity (ROE) of 25.4% and a return on assets (ROA) of 2.17%. Total operating income rose 8.8% year-on-year to VND22.68 trillion (US$862.8 million), with non-interest income up 23.1%. Digital transformation has been a key driver, reducing the cost-to-income ratio to 24.9% and enabling more than 94% of retail transactions to be conducted digitally.
Outstanding loans grew 18.8% to VND698.36 trillion (US$266 billion), with lending focused 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%. This growth is supported by an integrated ecosystem spanning banking, digital finance, securities, insurance, fund management, consumer finance, aviation, real estate, infrastructure, technology, and education. HDBank serves over 34 million direct customers and reaches another 20 million through partners, enhancing customer acquisition and cross-selling.
Among its subsidiaries, HD SAISON posted 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, placing it among Vietnam's 10 most profitable securities firms. Vikki Digital Bank expanded its user base to more than 3.5 million.
HDBank maintained 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%. In Q2, Moody's Ratings upgraded HDBank's outlook to positive, while 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. HDBank has also secured a US$721 million international syndicated social loan, the largest such loan ever successfully raised by a Vietnamese organisation.
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. These results highlight HDBank's resilience and strategic execution in a competitive banking landscape.
