According to a report on HD- Bank ’s  Januar y-S eptember  per- for mance,  the  bank  made  over VND1.9 trillion (US$83.55 million) in pre-tax profit. The bank’s return on equity (ROE) and return on as- sets (ROA) were 1.18% and 18.01% respectively.

The bank also saw a 22% rise in in- dividual customers and a 14% spike in corporate clients in January-Sep- tember. Besides, 19 new branches and transaction offices were opened in the period, taking the total to 240 nationwide.

HD SAISON Finance, a joint ven- ture between HDBank and Japan’s finance corporation Credit Saison, had served 3.4 million customers at 10,000 offices in the year to end-Sep- tember. The company has the most customers  and  transaction  points in Vietnam.

HDBank’s total assets had reached VND174.6 trillion as of the end of this month, up 26% over the yearago period and reaching 98% of this year’s target. Th e bank mobilized a total of VND156.4 trillion, up 27%
year-on-year.

Its total outstanding loans amounted to VND104.2 trillion, 97% of the target for all of 2017, while its bad debt ratio stayed low, at 1.14%.

Given positive results in the first nine months of this year and favor- able economic conditions of the country in the final quarter, HDBank expects to obtain a consolidated pre-tax profit of VND2.4 trillion this year, up 107% versus last year. ROA and ROE will be 1.43% and 20% respectively.

In  the  first  nine  months  of the year,   HDB ank   held   nearly 400 training  courses  including  those on manager training and advanced business English. In addition, the bank has got approval from the State Bank of Vietnam and the State Securities Commission to list its shares and pay a 2016 dividend of 9% for shareholders.

Last month, HDBank received Asia  Money’s  award  for best  bank in Vietnam. Its annual report has won a gold prize from the League of American Communications Profes- sionals (LACP).