Saigon-Hanoi Bank (SHB) is on track to secure a significant capital surplus from its ongoing transaction with Krungsri, a prominent financial group from Thailand. Recently, the State Bank of Vietnam (SBV) approved the legal transformation of SHB Finance from a multi-member limited liability company to a single-member entity. This approval is crucial for SHB and Krungsri to finalize the transfer of the remaining 50% of SHB's equity in SHB Finance, a process that is expected to conclude by the third quarter of 2026.

The completion of this transaction not only signifies a successful strategic partnership between SHB and Krungsri but also holds substantial implications for SHB’s shareholders and investors. The anticipated capital surplus will enhance SHB's financial capacity, bolster its capital foundation, and provide room for business expansion, particularly in digital transformation and competitive positioning in the banking sector.

SHB’s Vice Chairman and Deputy General Director, Do Quang Vinh, stated, "The transfer of 100% equity in SHB Finance will yield a significant capital surplus for SHB shareholders and strengthen the bank's financial position. Following the completion of this transaction, SHB will continue its collaboration with partners to develop retail banking on a modern technological platform, offering innovative products and services. Our focus will remain on core business areas while advancing our digital transformation efforts to unlock new growth opportunities and realize our international ambitions."

The transaction process began in August 2021 when SHB and Krungsri signed a contract to transfer 100% of SHB Finance's equity in two phases. In May 2023, SHB completed the transfer of 50% of SHB Finance's equity to Krungsri, which also involved the conversion of SHB Finance into a limited liability company as per SBV's decision. Initially, the remaining 50% equity was scheduled for transfer after three years; however, responding to Krungsri's request, SHB announced on November 5, 2025, that it would expedite this transfer.

With over 160,000 shareholders, SHB is among the largest publicly held banks in Vietnam. It has been listed on the Vietnamese stock exchange for a considerable time, with its shares included in the VN30 index, reflecting strong investor confidence in its long-term growth prospects. The completion of the equity transfer at SHB Finance, along with the expected capital surplus, will further enhance SHB's financial foundation, increase its capital capacity, and create additional opportunities for digital transformation and strategic business development.

Recently, SHB successfully issued over 750 million shares, raising its charter capital to 53.442 trillion VND, positioning it among the top four private commercial banks in Vietnam by charter capital. This solid foundation will enable SHB to expand its operations, enhance competitiveness, and meet growth targets moving forward.

SHB's governance and shareholder relations have also been recognized in the market. At the Annual General Meeting Awards 2026 organized by CafeF and the Vietnam Institute of Directors (VIOD), SHB was honored in two key categories: "Impressive Annual General Meeting of the Year" and "Top 10 Exemplary Annual General Meetings of 2026" (for large-cap companies), underscoring its commitment to transparency and advanced corporate governance standards.

After 33 years of development, with a solid financial foundation and a top-five position among private commercial banks, SHB is poised to accompany the country into a new era, aiming for breakthrough growth and realizing its vision of becoming a leading financial institution in the region and internationally. By 2030, SHB aims to be the top bank in terms of efficiency, customer satisfaction, and retail banking services, while being a leading provider of financial products and services for strategic enterprises, small and medium-sized businesses, and individual customers. By 2035, SHB aspires to be a modern, digital, and green bank among the region's leaders.

To achieve these goals, SHB is focusing on a comprehensive transformation strategy based on four pillars: customer and market-centric approaches; reforming mechanisms, policies, regulations, and processes; prioritizing human resources; and modernizing information technology and digital transformation. Throughout its development journey, SHB emphasizes six core values: Trust, Credibility, Intelligence, Insight, and Vision.

Recently, SHB unveiled a new brand identity, marking the beginning of its next strategic development phase. Inspired by the shape of Vietnam and the philosophy of "round sky, square land," the new identity not only preserves the essence of national culture but also reflects a spirit of innovation, technology, and international integration. This serves as a declaration for SHB's comprehensive transformation journey towards becoming a "national-scale bank of the new generation," aiming for regional and international prominence.