Associated tags: POS, JCB Co., Ltd., Travel, Credit card, Commercial bank, JCB, Insurance, Heavy equipment
Locations: JAPAN, TOKYO, VIETNAM, CAR, US
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Wednesday, April 10, 2024
HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.
Key Points:
- HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.
- — Photo courtesy of HD Bank
Profitability ratio ROA is 2% and ROE is 24.2%, both higher than last year and keeping HDBank among the group of leading banks in these crucial indicators.
- HDBank is the first in Vietnam to publish an ESG report in 2024 as part of its efforts to help Vietnam achieve its commitment of achieving net zero greenhouse gas emissions.
- HD SAISON Finance Co. Ltd., a joint venture with a Japanese partner, achieved leading business results in terms of profit and safety among financial companies.
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Wednesday, April 10, 2024
Prime Minister Phạm Minh Chính issued Directive No 10/CT-TTg on March 2, 2024, on promoting the production, trading and export of rice in a sustainable, transparent and effective manner.
Key Points:
- Prime Minister Phạm Minh Chính issued Directive No 10/CT-TTg on March 2, 2024, on promoting the production, trading and export of rice in a sustainable, transparent and effective manner.
- It focuses on meeting credit needs for buying and exporting rice from the 2023-2024 winter-spring crop in the Mekong Delta.
- Lộc Trời was also the first enterprise to put Vietnamese rice on the shelves of E.Leclerc, which has nearly 600 hypermarkets and more than 100 supermarkets across France.
- In recent years Việt Nam's rice industry has had outstanding success, reaching world levels and establishing its position.
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Wednesday, April 10, 2024
HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023.
Key Points:
- HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023.
- HDBank will submit reports to shareholders for approval, including its business performance in 2023, business plans for 2024, profit distribution plans for 2023, and other key reports.
- Eyeing VND16 trillion profits in 2024, ROE at 24.6%
HDBank, which has gone through a 10-year journey of reform, maintained its high and steady growth in 2023.
- In 2024 the bank remains on track for high growth while developing a comprehensive environmental, social and governance (ESG) strategy.
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Friday, December 22, 2023
HO CHI MINH CITY & TOKYO, Dec 22, 2023 - (JCN Newswire) - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading commercial bank in Vietnam, and JCB International Co. Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd., today announced the launch of the HDBank JCB Ultimate Credit Card and the acceptance of JCB Cards in Vietnam.
Key Points:
- HO CHI MINH CITY & TOKYO, Dec 22, 2023 - (JCN Newswire) - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading commercial bank in Vietnam, and JCB International Co. Ltd. (JCB), the international operations subsidiary of JCB Co., Ltd., today announced the launch of the HDBank JCB Ultimate Credit Card and the acceptance of JCB Cards in Vietnam.
- HDBank becomes JCB's 17th partner financial institution and provides card acceptance at their accepting locations to all JCB cards issued in and out of Vietnam.
- With the occasion of this launch of the HDBank JCB Ultimate Credit Card, HDBank has also become the official acquiring bank of JCB, marking a significant milestone in the cooperation between HDBank and JCB.
- The partnership with HDBank will further enhance the acceptance of JCB Cards at merchants across Vietnam, benefiting JCB cardmembers visiting the region as well as local JCB cardmembers.
Consolidated profits were up 27.1 per cent to VND4.381 trillion ($188.46 million), equivalent to 103 per cent of its target.
Key Points:
- Consolidated profits were up 27.1 per cent to VND4.381 trillion ($188.46 million), equivalent to 103 per cent of its target.
- Recently HDBank paid its first dividend for 2019 and issued bonus shares at a total rate of 30 per cent.
- After 30 years of operations, HDBank is now one of the leading banks in Vietnam.
- It has strong finances and modern technology, and provides a wide range of financial services to individuals, corporates and investors.
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Friday, September 25, 2020
HO CHI MINH CITY, VIETNAM, Sept 25, 2020 - (Media OutReach) - The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank; HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG - DEUTSCHE INVESTITIONS - UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG).
Key Points:
- HO CHI MINH CITY, VIETNAM, Sept 25, 2020 - (Media OutReach) - The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank; HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG - DEUTSCHE INVESTITIONS - UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG).
- DEG will invest in convertible bonds issued by HDBank.
- DEG is a development finance institution owned by German state-owned development bank KWF and is one of Europe's15 leading development finance institutions.
- Ho Chi Minh City Development JSC Bank (HDBank, HOSE:HDB) was established in 1990, making it among the first commercial banks in Vietnam.
This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
Key Points:
- This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
- HDBank is the latest financial institution to join Contour and marks the first bank in Vietnam to be part of the Contour's trade finance network.
- Built on R3's Corda, Contour's network is focused on overhauling the Letter of Credit (LC) issuance process.
- That is the ultimate aim of Contour, and it's something we're continuing to see as we welcome HDBank into the network."
