Ho Chi Minh City Development JSCB 2019 AR2
The report highlights HDBank's outstanding performance in 2019, marking its 30th anniversary with record-breaking consolidated profit before tax of VND 5,018 billion, a 25.3% increase from 2018. The bank became the first and only Vietnamese financial institution to receive the Green Deal Award from the Asian Development Bank (ADB) for its pioneering green credit financing. HDBank also achieved Basel II compliance ahead of schedule, with a capital adequacy ratio of 11.2%. Additionally, the bank expanded its international footprint by opening its first overseas representative office in Yangon, Myanmar, and launched its new digital banking application, App HDBank, to accelerate digital transformation.
Company: Ho Chi Minh City Development JSCB
Sector: Finance & insurance
Country: Vietnam
Year: 2019
Type: AR2
Pages: 135
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Ho Chi Minh City Development JSCB
Annual Report
The report highlights HDBank's outstanding performance in 2019, marking its 30th anniversary with record-breaking consolidated profit before tax of VND 5,018 billion, a 25.3% increase from 2018. The bank became the first and only Vietnamese financial institution to receive the Green Deal Award from the Asian Development Bank (ADB) for its pioneering green credit financing. HDBank also achieved Basel II compliance ahead of schedule, with a capital adequacy ratio of 11.2%. Additionally, the bank expanded its international footprint by opening its first overseas representative office in Yangon, Myanmar, and launched its new digital banking application, App HDBank, to accelerate digital transformation.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees