HDBank (HDB) continues to implement the roadmap to reduce investment outside the industry and realize profits
Wednesday, December 27,2023
AsemconnectVietnam - On December 6, 2023, HDBank announced its decision to continue selling shares of an airline according to its plan to focus on main business activities and reduce investment outside the industry.
According to information published on the Stock Exchange Ho Chi Minh City (HOSE), HDBank plans to sell 3,267,920 shares of Vietjet Aviation Joint Stock Company (code VJC). The transaction is expected to be carried out by agreement and order matching method, from December 11, 2023 to January 9, 2024.
Recently, HDBank was rated B1 by Moody's credit rating agency with a better profitability assessment than the industry average, low bad debt ratio and other guaranteed safety ratios.
In the third quarter of 2023, HDBank recorded credit growth of over 11.3%, deposits increased by over 51% compared to the beginning of the year. Net profit margin on equity (ROE) reached 22.4% and capital adequacy ratio reached 12.3%, among the top 5 banks with the best capital adequacy index (CAR).
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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