Saigon - Hanoi Commercial Joint Stock Bank (SHB) recently announced the list of professional securities investors expected to participate in its private placement of 200 million shares. This quantity represents approximately 4.35% of the total outstanding shares before the issuance.
According to the list, foreign investors participating in the issuance include funds associated with Dragon Capital, with a total registered purchase volume of 34 million shares. These purchases are made through member funds such as Vietnam Enterprise Investments Limited, Samsung Vietnam Securities Master Investment Trust (Equity), and Hanoi Investments Holdings Limited.
Funds belonging to Korea Investment Management (KIM), a major South Korean asset management company, registered to acquire nearly 13 million shares. This is facilitated through their funds: KIM Vietnam Growth Equity Fund, TMAM Vietnam Equity Mother Fund, KITMC Worldwide Vietnam RSP Balanced Fund, and KITMC Worldwide China Vietnam Fund.
Additionally, Hanwha Life Vietnam and VinaCapital registered to purchase 12.5 million and 10.55 million shares, respectively.
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SHB received approval for a capital increase of 7,500 billion dong. Photo: SHB |
Among domestic investors, PVI Asset Management registered to buy 62.5 million shares, while PVI Infrastructure Investment Fund registered 25 million shares. FPT Capital registered to purchase 29.96 million shares, and HPP Investment Fund registered to buy 12.5 million shares.
A representative from SHB stated that the participation of numerous professional investment organizations highlights the market's interest in the bank's stock. This move also strengthens the bank's financial capacity, enabling it to expand credit activities and investments in the coming period.
The bank expects to raise approximately 3,370 billion dong from this offering. The capital will be used to supplement working capital loans, finance fixed assets, provide loans for production and business activities, and implement various projects.
Previously, the State Bank of Vietnam (NHNN) approved the bank's plan to increase its charter capital by an additional 7,500 billion dong, bringing the total to 53,442 billion dong. Under this plan, the bank will issue 750 million shares, equivalent to a 16.32% ratio. This includes 200 million shares offered privately to professional investors, 459.4 million shares issued to existing shareholders, and 90.6 million shares under the employee stock ownership program (ESOP).
On the stock market, SHB is among the first banks to list shares in Vietnam and is part of the VN30 group, which comprises the market's largest capitalization stocks. Following the upgrade of the Vietnamese stock market, many experts anticipate that SHB shares may be added to the FTSE Global All Cap Index.
In addition to its domestic capital increase plan, SHB is also implementing international fundraising programs, with a total negotiated limit of up to 1 billion USD.
In 2025, the bank recorded a pre-tax profit of 15,028 billion dong, a 30% increase compared to the previous year, achieving 104% of the target set by the general shareholders' meeting. By the end of 2025, SHB's total assets reached nearly 892,600 billion dong, an increase of 19% compared to 2024.
Going forward, SHB stated it will continue to pursue a development strategy based on transparent governance, strict risk control, and technology modernization. The bank aims to expand its scale, strengthen its capital base, enhance asset quality, and improve governance standards to boost its long-term competitiveness.
(Source: SHB)
