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Business Earnings Report

Ho Chi Minh City Development Joint Stock Commercial Bank 2025 Earnings Report

Analysis based on 8 articles · First reported Jan 30, 2026 · Last updated Feb 02, 2026

Sentiment
70
Attention
4
Articles
8
Market Impact
Direct
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The strong financial performance of Ho Chi Minh City Development Joint Stock Commercial Bank, including significant profit growth and asset expansion, is expected to positively impact the Vietnamese banking sector. The upgrade of its credit rating by Moody s Ratings further strengthens investor confidence in the bank's long-term prospects.

Banking Financial services

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) announced robust financial results for 2025, with pre-tax profit exceeding VND21.3 trillion (US$820.5 million), a 27.4% increase year-on-year. The bank's consolidated total assets grew by 33.5% to VND931 trillion, and outstanding loans increased by 34.3% to VND588 trillion. Ho Chi Minh City Development Joint Stock Commercial Bank maintained a low non-performing loan ratio of 1.66% and a high capital adequacy ratio of 16.7% under Basel II. A strategic milestone was reached with the completion of the acquisition of DongA Bank, which was rebranded as Vikki Digital Bank, a new digital bank that recorded over 2.1 million app downloads. Ho Chi Minh City Development Joint Stock Commercial Bank===HD SAISON, a subsidiary, also contributed positively with over VND1.39 trillion in profit. Moody s Ratings upgraded Ho Chi Minh City Development Joint Stock Commercial Bank's credit rating, further boosting investor confidence.

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Ho Chi Minh City Development Joint Stock Commercial Bank reported a pre-tax profit of over VND21.3 trillion in 2025, exceeding its target and showing strong growth. Its total assets, funding mobilization, and outstanding loans all increased significantly. The bank also maintained a low non-performing loan ratio and a high capital adequacy ratio, reinforcing its financial strength and growth prospects.
Importance 100 Sentiment 80
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Vikki Digital Bank, formerly DongA Bank, is a new-generation digital bank that recorded over 2.1 million app downloads in its first year, indicating strong growth potential in digital and retail banking for Ho Chi Minh City Development Joint Stock Commercial Bank.
Importance 50 Sentiment 70
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DongA Bank was acquired by Ho Chi Minh City Development Joint Stock Commercial Bank and subsequently rebranded as Vikki Digital Bank, marking a strategic milestone in Ho Chi Minh City Development Joint Stock Commercial Bank's long-term strategy for digital banking.
Importance 40 Sentiment 60
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Ho Chi Minh City Development Joint Stock Commercial Bank===HD SAISON, a subsidiary of Ho Chi Minh City Development Joint Stock Commercial Bank, posted a profit of over VND1.39 trillion with an ROE of 22.5%, contributing positively to the consolidated earnings.
Importance 40 Sentiment 60
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Moody s Ratings upgraded Ho Chi Minh City Development Joint Stock Commercial Bank's credit rating to the top tier among Vietnamese banks, strengthening investor confidence.
Importance 20 Sentiment 0
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Ho Chi Minh City Development Joint Stock Commercial Bank operates within Vietnam, and its strong performance contributes to the nation's banking sector.
Importance 10 Sentiment 0
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