HDBank submits bond application: what it means for HDBank stock
Published on 10/08/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
HDBank (VN000000HDB1) submitted an application for an international bond offering on October 8, 2026, according to Vietnam's State Securities Commission. The filing gives HDBank stock a fresh capital-markets angle as the bank combines bond funding with planned equity expansion.
What the bond plan means
The commission said HDBank's application was submitted under a September 28, 2026 letter and cited board resolutions dated September 9 and September 28. The filing identifies HDB as listed on the Ho Chi Minh Stock Exchange, linking the international bond plan directly to the listed bank.
The bond application follows HDBank's broader effort to diversify funding. Bnews reported on September 18, 2026 that the bank had raised a USD 721 million syndicated social loan and was pursuing up to USD 500 million of international bonds.
Profit growth has a caveat
HDBank's reported first-half 2026 pretax profit reached VND 13.202 trillion, up 31.10 percent from the year-earlier period, while total assets exceeded VND 1,000 trillion. ROE was 25.40 percent and CIR was 24.93 percent at the end of June 2026, according to Bnews.
The quarterly composition matters. A July 31, 2026 analysis from FinSuccess said second-quarter pretax profit rose to VND 7.095 trillion, helped by a VND 1.078 trillion revaluation gain linked to the consolidation of HD Securities and lower credit-loss provisions. The same analysis put consolidated credit growth at 18.70 percent year to date and the non-performing-loan ratio at 2.80 percent.
Capital plans shape the next step
The international bond filing sits alongside HDBank's planned equity measures, including a 25.00 percent stock dividend and a private placement of up to 700 million shares during 2026 and 2027. For HDBank stock, the key distinction is between recurring banking earnings and the balance-sheet capacity created by new funding.
The State Securities Commission identifies HDBank as HDB on the Ho Chi Minh Stock Exchange and records the September 28, 2026 application as an international bond offering. That combination makes funding execution, asset quality and the durability of profit growth the main metrics for assessing the next company update.
HDBank stock facts
- Company: HDBank
- ISIN: VN000000HDB1
- Ticker: HDB.VN
- Primary exchange: HOSE
- Quotation currency: VND
- Sector: Financials
- First-half 2026 pretax profit: VND 13.202 trillion, plus 31.10 percent year over year
- ROE: 25.40 percent at June 30, 2026
- CIR: 24.93 percent at June 30, 2026
