The robust performance, coupled with low non-performing loan ratios and top-tier key performance indicators, positions the bank for continued success in the coming development phase.
Return on assets reached 2.04 per cent and return on equity reached 25.7 per cent, both surpassing the previous year and solidifying the bank's position among the top banks in the sector. The consolidated non-performing loan ratio was low at only 1.48 per cent. The capital adequacy ratio according to Basel II was 14.1 per cent, higher than the state bank's regulations. All other prudential ratios were also well-maintained.
HDBank's subsidiary, HD SAISON solidified its position in consumer finance, achieving $47.8 million in profit, an 84 per cent increase on-year. This performance highlights HDBank's capabilities and unwavering commitment to sustainable growth and effective risk management.
Total assets reached $27 billion, a 15.8 per cent increase on-year. Capital mobilisation exceeded $24.8 billion, up 15.7 per cent, driven by an 18 per cent increase in deposits from economic organisations and individuals.
Loan growth remained robust, with total outstanding loans reaching over $17.4 billion, a 24 per cent increase. HDBank continues to focus on lending to key sectors driving economic growth, including agriculture, rural areas, small- and medium-sized enterprises, and supply chain financing.
HDBank currently serves approximately 20 million customers, with 97 per cent of retail transactions conducted on digital platforms. Digital channels contributed to 82 per cent of new customers. The bank launched many products and services on modern digital platforms that have been well-received by the market, especially the digital bank Vikki.
The bank completed a 30 per cent dividend distribution in 2024, including 10 per cent in cash and 20 per cent in shares. This places HDBank among the sector leaders in shareholder returns.
HDBank has been entrusted by the government and the State Bank of Vietnam with the compulsory transfer of DongA Bank. This strategic undertaking underscores HDBank's solid financial position and proven expertise in navigating complex restructuring processes. It also presents opportunities to expand the bank's scale, explore new business models, and deliver enhanced value to shareholders, customers, and partners.
Alongside its business activities, HDBank consistently focuses on fulfilling its social responsibilities with practical and meaningful initiatives. In 2024, the bank launched a preferential credit package worth $478.5 million to support customers in restoring production, business, and reconstruction after Typhoon Yagi, which caused widespread damage in northern Vietnam.
Furthermore, HDBank and its business units contributed $3.2 million to a nationwide initiative to eradicate temporary and rundown houses, an initiative launched by the Prime Minister. These actions reflect the bank's strong spirit of sharing and deep community responsibility.
HDBank's efforts in business and social responsibility have been recognised by prestigious domestic and international organisations with many valuable awards.
The bank was honoured for the second time by the Asian Development Bank as the 'Leading Partner Bank in Vietnam' and continued to be included in the Vietnam Sustainability Index of the Ho Chi Minh Stock Exchange.
HDBank received the Vietnam National Brand Award in 2024, a prestigious recognition by the government honouring esteemed, reputable enterprises that contribute significantly to the nation's economy.
