# HDBank

> Source: https://docs.barcoder.ai/docs/wallets/hdbank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [HDBank — official](https://hdbank.com.vn/)

## Overview

**HDBank** is Ho Chi Minh City Development Joint Stock Commercial Bank's mobile banking platform + **HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result** + **HDBank total assets VND784T+ ($29.7B)** <sup>[1][1], [2][2], [Viet Nam report](https://docs.barcoder.ai/docs/payments/VN)</sup>. **2025 baseline**: HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + HDBank total assets VND784T+ ($29.7B) + HDBank outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+; **HDBank Forbes Vietnam Top 50 Listed Companies 2025** distinctive Vietnamese listed company recognition.

**Distinctive HDBank positioning**:
- **HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result**
- **HDBank total assets VND784T+ ($29.7B)** distinctive Vietnamese banking scale
- **HDBank outstanding loans grew 18.2% nearly double the sector's average** distinctive Vietnamese loan growth
- **HDBank 2025 profit target VND21,000B+** distinctive Vietnamese banking 2025 profit target
- **HDBank Forbes Vietnam Top 50 Listed Companies 2025** distinctive Vietnamese listed company recognition
- **1990 HDBank founding** as Ho Chi Minh City Development Joint Stock Commercial Bank → 2018 HDBank HOSE IPO
- **HDBank VietQR + NAPAS full support** + Vietnamese mobile banking ecosystem

## History

**1990 — HDBank founded** as Ho Chi Minh City Development Joint Stock Commercial Bank.

**2018 — HDBank IPO on HOSE (Ho Chi Minh City Stock Exchange)**.

**2019 — HDBank mobile banking app launches** as Vietnamese mobile-first banking.

**H1 2025 — HDBank pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+** <sup>[1][1], [2][2]</sup>.

**2025 — HDBank Forbes Vietnam Top 50 Listed Companies 2025** <sup>[3][3]</sup>.

## Ownership & operator

**Operating entity**: **Ho Chi Minh City Development Joint Stock Commercial Bank** (HOSE: HDB; Vietnamese commercial bank).

**Major shareholders**: **Sovico Group + Vietnamese retail + institutional + foreign investors + Vietjet Air partnership distinctive Vietnamese banking aviation partnership**.

**Regulator**: **SBV (State Bank of Vietnam)**.

## Technical integration

HDBank mobile banking app (iOS + Android) + hdbank.com.vn online + HDBank branch network Vietnam + HDBank Visa + Mastercard cards; VietQR + NAPAS; **HDBank Mobile Banking online application delivers modern banking service experiences allowing customers to manage their personal finances quickly, safely and conveniently anytime, anywhere**.

## Users & growth

**H1 2025**: HDBank pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+.

## Use cases

Vietnamese retail + private + SME + commercial banking via HDBank mobile + hdbank.com.vn online + HDBank branch network + Visa/Mastercard cards; VietQR + NAPAS; **HDBank Mobile Banking online application delivers modern banking service experiences allowing customers to manage their personal finances quickly, safely and conveniently anytime, anywhere**.

## Implementations & partners

**Operator**: Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank); Sovico Group + Vietnamese retail + institutional + foreign investors + Vietjet Air partnership distinctive Vietnamese banking aviation partnership.

**Major Vietnamese banking competitors**: [Techcombank](https://docs.barcoder.ai/docs/wallets/techcombank) (Vietnam's largest private commercial bank by assets; T-Connect ecosystem; Masan Group + Vingroup partnership; HOSE: TCB) + [VPBank (Vietnam Prosperity Bank)](https://docs.barcoder.ai/docs/wallets/vpbank) (Vietnam Prosperity Joint Stock Commercial Bank; HOSE: VPB; VPBank NEO 10M+ users + 600M annual transactions; SMBC ~15% strategic investor) + [MB Bank (Military Commercial Joint Stock Bank)](https://docs.barcoder.ai/docs/wallets/mb-bank) (Vietnamese military-affiliated bank; HOSE: MBB; MB Bank App Vietnamese mobile banking) + [ACB (Asia Commercial Bank)](https://docs.barcoder.ai/docs/wallets/acb-vietnam) (Asia Commercial Bank; HOSE: ACB; Vietnamese private commercial bank) + [Vietcombank (VCB Digibank)](https://docs.barcoder.ai/docs/wallets/vietcombank) (Vietnam's #1 state-owned commercial bank by market cap; HOSE: VCB; VCB Digibank) + [BIDV (BIDV SmartBanking X)](https://docs.barcoder.ai/docs/wallets/bidv) (Vietnam's largest bank by assets; HOSE: BID; BIDV SmartBanking) + [VietinBank / VietinBank iPay](https://docs.barcoder.ai/docs/wallets/vietinbank) (Vietnam's third-largest state-owned commercial bank; HOSE: CTG; VietinBank iPay) + [TPBank (Tien Phong Bank) / TPBank Mobile + LiveBank 24/7](https://docs.barcoder.ai/docs/wallets/tpbank) (Vietnamese digital-first private bank; HOSE: TPB; TPBank LiveBank 24/7 self-service branches) + [SHB SAHA](https://docs.barcoder.ai/docs/wallets/shb-bank) (Saigon-Hanoi Commercial Joint Stock Bank; HOSE: SHB; SHB SAHA next-gen digital banking platform).

**Regulator**: SBV.

## Fun facts

- **HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result**.
- **HDBank total assets VND784T+ ($29.7B)** distinctive Vietnamese banking scale.
- **HDBank outstanding loans grew 18.2% nearly double the sector's average** distinctive Vietnamese loan growth.
- **HDBank 2025 profit target VND21,000B+** distinctive Vietnamese banking 2025 profit target.
- **HDBank Forbes Vietnam Top 50 Listed Companies 2025** distinctive Vietnamese listed company recognition.
- **1990 HDBank founding** as Ho Chi Minh City Development Joint Stock Commercial Bank → 2018 HDBank HOSE IPO.
- **Sovico Group + Vietjet Air partnership distinctive Vietnamese banking aviation partnership**.

## Comparison

| Feature | HDBank | [VPBank (Vietnam Prosperity Bank)](https://docs.barcoder.ai/docs/wallets/vpbank) (Vietnam Prosperity Joint Stock Commercial Bank rival; VPBank NEO 10M+ users) | [Techcombank](https://docs.barcoder.ai/docs/wallets/techcombank) (Vietnam's largest private commercial bank by assets rival; T-Connect) | [SHB SAHA](https://docs.barcoder.ai/docs/wallets/shb-bank) (Saigon-Hanoi Commercial Joint Stock Bank rival; SHB SAHA) | [MB Bank (Military Commercial Joint Stock Bank)](https://docs.barcoder.ai/docs/wallets/mb-bank) (Vietnamese military-affiliated bank rival; MB Bank App) |
|---|---|---|---|---|---|
| Operator | **Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank)** | Vietnam Prosperity Joint Stock Commercial Bank (HOSE: VPB; SMBC ~15% strategic investor since Mar 2023) | Techcombank (HOSE: TCB; Masan Group + Vingroup partnership) | Saigon-Hanoi Commercial Joint Stock Bank (HOSE: SHB; Vietnamese private commercial bank) | MBBank / Military Commercial Joint Stock Bank (HOSE: MBB; Vietnamese military-affiliated) |
| Type | **HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + HDBank total assets VND784T+ ($29.7B) + HDBank outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+ + Forbes Vietnam Top 50 Listed Companies 2025** | VPBank NEO 10M+ users + 600M annual transactions + Jul 2021 all-in-one digital banking platform launch + SMBC ~15% strategic investor ~$1.5B investment | Vietnam's largest private commercial bank by assets + T-Connect ecosystem + Masan Group + Vingroup partnership | SHB SAHA next-gen digital banking platform launched 2025 + 5M+ individual and corporate customers + Krungsri ~50% stake in SHB Finance acquisition 2023 | Vietnamese military-affiliated bank + MB Bank App Vietnamese mobile banking |
| Country | VN | VN | VN | VN + LA + KH | VN |
| Distinctive | **1990 HDBank founding as Ho Chi Minh City Development Joint Stock Commercial Bank; 2018 HDBank HOSE IPO; 2019 HDBank mobile banking app launch; H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B); Sovico Group + Vietjet Air partnership distinctive Vietnamese banking aviation partnership** | 1993 VPBank founding; 2017 VPBank HOSE IPO; Jul 2021 VPBank NEO all-in-one digital banking platform launch; Mar 27 2023 SMBC ~15% strategic investor ~$1.5B investment | 1993 Techcombank founding; T-Connect ecosystem distinctive | 1993 Saigon-Hanoi Commercial Joint Stock Bank founding; 2009 SHB IPO on HOSE; 2025 SHB SAHA next-gen digital banking platform launch | 1994 MB Bank founding by Vietnamese military |

## Status

**Active, HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B)** <sup>[1][1], [2][2], [3][3]</sup>:
- **Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB; Vietnamese commercial bank)** since 1990 HDBank founding + 2018 HDBank HOSE IPO + 2019 HDBank mobile banking app launch.
- **HDBank H1 2025 pre-tax profit VND10.1T (US$382.6M) +23.3% YoY highest-ever semi-annual result + total assets VND784T+ ($29.7B) + outstanding loans grew 18.2% nearly double the sector's average + HDBank 2025 profit target VND21,000B+**.
- **HDBank Forbes Vietnam Top 50 Listed Companies 2025** distinctive Vietnamese listed company recognition.
- **SBV regulated**.

## Sources

[1]: https://vietnamnews.vn/economy/1723827/hdbank-honoured-in-forbes-vietnam-s-top-50-listed-companies-2025.html "HDBank honoured in Forbes Vietnam's Top 50 Listed Companies 2025 — Vietnam News"
[2]: https://hdbank.com.vn/en/investor/thong-tin-nha-dau-tu/tin-tuc-nha-dau-tu/ban-tin-nha-dau-tu/tin-tuc-hoat-dong-noi-bat/hdbank-dat-muc-tieu-loi-nhuan-2025-hon-21000-ty-dong-vung-vang-tren-hanh-trinh-phat-trien-tap-doan-tai-chinh-ngan-hang-hien-dai-da-nang-va-ben-vung "HDBank sets 2025 profit target of over VND 21,000 billion — HDBank"
[3]: https://hdbank.com.vn/en/ "HDBank — official"
[vn-cro]: https://docs.barcoder.ai/docs/payments/VN

- [1] [HDBank honoured in Forbes Vietnam's Top 50 Listed Companies 2025 — Vietnam News][1]
- [2] [HDBank sets 2025 profit target of over VND 21,000 billion — HDBank][2]
- [3] [HDBank — official][3]
- <sup>[Viet Nam report](https://docs.barcoder.ai/docs/payments/VN)</sup> In-corpus: `reports/countries/VN-vietnam.md`

## Source

Biography extracted from [hdbank.md](https://docs.barcoder.ai/source/wallets/hdbank). See `matrix.md` for standards-support matrix if present.