HDBank is the Large-Cap Listed Company With the Best Annual Report 2022

The poll of large-cap listed companies in 2022 jointly held by Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX) and Investment Newspaper on December 02 has honored HDBank as the top bank in the category of the best annual report.

This is also the 4th time in a row, HDBank has been honored with the title as Large-Cap Listed Enterprise with the Best Annual Report along with leading enterprises such as Vinamilk, Petrolimex, SSI, VietinBank, MB Bank, ACB …

Speaking at the event, Ms. Nguyen Thi Viet Ha, Member in charge of HOSE's Board of Directors, said that the poll had attracted the participation from 500 enterprises with nearly 50 awards in 3 categories, including annual reports, corporate governance reports and sustainable development reports. "This is a prestigious award recognized by the management body", Ms. Ha emphasized.

According to Ms. Tran Anh Dao, Deputy General Director in charge of HOSE, Head of the Poll's Organizing Committee, in the past period, although the stock market has had some changes, she found this to be an active capital mobilization channel for enterprises.

2022 is the year that shows the enterprises' ability to overcome difficulties after the social distance. According to the Organizing Committee, HDBank is the leading large-cap listed company in digital transformation, sustainable development and obtaining excellent, clear and transparent annual reports.

Quảng cáo

HDBank's annual report highlighted outstanding achievements, presents a complete, attractive, scientific information, organizational structure. HDBank also invested in preparing annual report in English to meet good practice. Notably, HDBank's annual reports recorded some outstanding points in disclosing the list of subsidiaries and associates, information on the main business lines, and the Bank's ownership rate in these companies. The contents of business and financial situation analysis are complete and clear, the information is consistent and connected, helping shareholders to better grasp the financial, operating and governance situation of the enterprise

At the end of the Third Quarter of 2022, HDBank recorded the high growth to all business targets. Capital adequacy reached 15.3% among banks with the highest capital adequacy and nearly twice as high as the minimum requirement of 8%; pre-tax profit in the first 9 months reached VND 8,016 billion, up 31.7% over the same period and completing 82% of the year plan. ROE reached 25.2%, ROA reached 2.2% and HDBank is among the leading banks in terms of efficiency.

In addition, HDBank is constantly promoting the automation of key processes, in order to improve operational efficiency and increase the optimal experience for customers. HDBank's technological capabilities are highly appreciated by its partners and state management bodies when the Bank jointly participates in the successful implementation of major national projects such as building a website to mobilize the Vaccine Fund, coordinating with FPT to overcome the network congestion problem at Ho Chi Minh City Stock Exchange.…

Towards sustainable values, HDBank provides the best financial solutions to customers in the fields of high-tech agriculture and environmentally friendly production options. In addition to its available resources, HDBank has concluded cooperation agreements with a total value of 700 million USD with foreign partners such as Proparco (French Development Finance Institution), DEG (Development Finance institution under German Development Bank) and Affinity International Investment Fund on sustainable development content.

At the same time, HDBank is always proactive and take initiative in social security activities such as: donating funds to build gratitude, love, eye surgery, health insurance for poor households; award scholarships to students - pupils who overcome difficulties; visit Social Protection Centers,…

HDBank has affirmed the Bank's position and role, creating long-term values for the economy as well as the community and society, enhancing the ability to transmit information to investors, aiming at effective governance and more and more sustainable development.

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Cùng chuyên mục BizNEWS

Implementing A Sustainable Development Strategy, HDBank Reports A Profit of VND 8,165 Trillion, With NPL Ratio At Only 1.59%59%

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 1 August 2024 - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HOSE: HDB) has announced its financial report for the second quarter of 2024, with profit before tax for the first half of the year reaching VND 8,16 trillion (appx. US$324.47 million), an increase of 48.9% over the same period driven by HDBank's enhanced operational efficiency and implementation of digital transformation initiatives.

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