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HDBank

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Overview

HDBank is Ho Chi Minh City Development Joint Stock Commercial Bank's mobile banking platform + HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + HDBank total assets VND784T+ ($29.7B) [1, 2, vn-cro]. 2025 baseline: HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + HDBank total assets VND784T+ ($29.7B) + HDBank outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+; HDBank Forbes Vietnam Top 50 Listed Companies 2025 distinctive Vietnamese listed company recognition.

Distinctive HDBank positioning:

  • HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result
  • HDBank total assets VND784T+ ($29.7B) distinctive Vietnamese banking scale
  • HDBank outstanding loans grew 18.2% nearly double the sector's average distinctive Vietnamese loan growth
  • HDBank 2025 profit target VND21,000B+ distinctive Vietnamese banking 2025 profit target
  • HDBank Forbes Vietnam Top 50 Listed Companies 2025 distinctive Vietnamese listed company recognition
  • 1990 HDBank founding as Ho Chi Minh City Development Joint Stock Commercial Bank → 2018 HDBank HOSE IPO
  • HDBank VietQR + NAPAS full support + Vietnamese mobile banking ecosystem

History

1990 — HDBank founded as Ho Chi Minh City Development Joint Stock Commercial Bank.

2018 — HDBank IPO on HOSE (Ho Chi Minh City Stock Exchange).

2019 — HDBank mobile banking app launches as Vietnamese mobile-first banking.

H1 2025 — HDBank pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+ [1, 2].

2025 — HDBank Forbes Vietnam Top 50 Listed Companies 2025 [3].

Ownership & operator

Operating entity: Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank).

Major shareholders: Sovico Group + Vietnamese retail + institutional + foreign investors + Vietjet Air partnership distinctive Vietnamese banking aviation partnership.

Regulator: SBV (State Bank of Vietnam).

Technical integration

HDBank mobile banking app (iOS + Android) + hdbank.com.vn online + HDBank branch network Vietnam + HDBank Visa + Mastercard cards; VietQR + NAPAS; HDBank Mobile Banking online application delivers modern banking service experiences allowing customers to manage their personal finances quickly, safely and conveniently anytime, anywhere.

Users & growth

H1 2025: HDBank pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+.

Use cases

Vietnamese retail + private + SME + commercial banking via HDBank mobile + hdbank.com.vn online + HDBank branch network + Visa/Mastercard cards; VietQR + NAPAS; HDBank Mobile Banking online application delivers modern banking service experiences allowing customers to manage their personal finances quickly, safely and conveniently anytime, anywhere.

Implementations & partners

Operator: Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank); Sovico Group + Vietnamese retail + institutional + foreign investors + Vietjet Air partnership distinctive Vietnamese banking aviation partnership.

Major Vietnamese banking competitors: [[techcombank]] (Vietnam's largest private commercial bank by assets; T-Connect ecosystem; Masan Group + Vingroup partnership; HOSE: TCB) + [[vpbank]] (Vietnam Prosperity Joint Stock Commercial Bank; HOSE: VPB; VPBank NEO 10M+ users + 600M annual transactions; SMBC ~15% strategic investor) + [[mb-bank]] (Vietnamese military-affiliated bank; HOSE: MBB; MB Bank App Vietnamese mobile banking) + [[acb-vietnam]] (Asia Commercial Bank; HOSE: ACB; Vietnamese private commercial bank) + [[vietcombank]] (Vietnam's #1 state-owned commercial bank by market cap; HOSE: VCB; VCB Digibank) + [[bidv]] (Vietnam's largest bank by assets; HOSE: BID; BIDV SmartBanking) + [[vietinbank]] (Vietnam's third-largest state-owned commercial bank; HOSE: CTG; VietinBank iPay) + [[tpbank]] (Vietnamese digital-first private bank; HOSE: TPB; TPBank LiveBank 24/7 self-service branches) + [[shb-bank]] (Saigon-Hanoi Commercial Joint Stock Bank; HOSE: SHB; SHB SAHA next-gen digital banking platform).

Regulator: SBV.

Fun facts

  • HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result.
  • HDBank total assets VND784T+ ($29.7B) distinctive Vietnamese banking scale.
  • HDBank outstanding loans grew 18.2% nearly double the sector's average distinctive Vietnamese loan growth.
  • HDBank 2025 profit target VND21,000B+ distinctive Vietnamese banking 2025 profit target.
  • HDBank Forbes Vietnam Top 50 Listed Companies 2025 distinctive Vietnamese listed company recognition.
  • 1990 HDBank founding as Ho Chi Minh City Development Joint Stock Commercial Bank → 2018 HDBank HOSE IPO.
  • Sovico Group + Vietjet Air partnership distinctive Vietnamese banking aviation partnership.

Comparison

Feature HDBank [[vpbank]] (Vietnam Prosperity Joint Stock Commercial Bank rival; VPBank NEO 10M+ users) [[techcombank]] (Vietnam's largest private commercial bank by assets rival; T-Connect) [[shb-bank]] (Saigon-Hanoi Commercial Joint Stock Bank rival; SHB SAHA) [[mb-bank]] (Vietnamese military-affiliated bank rival; MB Bank App)
Operator Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank) Vietnam Prosperity Joint Stock Commercial Bank (HOSE: VPB; SMBC ~15% strategic investor since Mar 2023) Techcombank (HOSE: TCB; Masan Group + Vingroup partnership) Saigon-Hanoi Commercial Joint Stock Bank (HOSE: SHB; Vietnamese private commercial bank) MBBank / Military Commercial Joint Stock Bank (HOSE: MBB; Vietnamese military-affiliated)
Type HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + HDBank total assets VND784T+ ($29.7B) + HDBank outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+ + Forbes Vietnam Top 50 Listed Companies 2025 VPBank NEO 10M+ users + 600M annual transactions + Jul 2021 all-in-one digital banking platform launch + SMBC ~15% strategic investor ~$1.5B investment Vietnam's largest private commercial bank by assets + T-Connect ecosystem + Masan Group + Vingroup partnership SHB SAHA next-gen digital banking platform launched 2025 + 5M+ individual and corporate customers + Krungsri ~50% stake in SHB Finance acquisition 2023 Vietnamese military-affiliated bank + MB Bank App Vietnamese mobile banking
Country VN VN VN VN + LA + KH VN
Distinctive 1990 HDBank founding as Ho Chi Minh City Development Joint Stock Commercial Bank; 2018 HDBank HOSE IPO; 2019 HDBank mobile banking app launch; H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B); Sovico Group + Vietjet Air partnership distinctive Vietnamese banking aviation partnership 1993 VPBank founding; 2017 VPBank HOSE IPO; Jul 2021 VPBank NEO all-in-one digital banking platform launch; Mar 27 2023 SMBC ~15% strategic investor ~$1.5B investment 1993 Techcombank founding; T-Connect ecosystem distinctive 1993 Saigon-Hanoi Commercial Joint Stock Bank founding; 2009 SHB IPO on HOSE; 2025 SHB SAHA next-gen digital banking platform launch 1994 MB Bank founding by Vietnamese military

Status

Active, HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) [1, 2, 3]:

  • Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank) since 1990 HDBank founding + 2018 HDBank HOSE IPO + 2019 HDBank mobile banking app launch.
  • HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+.
  • HDBank Forbes Vietnam Top 50 Listed Companies 2025 distinctive Vietnamese listed company recognition.
  • SBV regulated.

Sources

Source

Biography extracted from hdbank.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/hdbank/index.md