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Vietnamese banks SHB and BVBank secure major regional ranking and first international credit rating
Saigon‑Hanoi Bank (SHB) climbed to rank 141 in the Fortune Southeast Asia 500 list for 2026, marking its third consecutive appearance and a rise of 20 places from the previous year. The bank reported a pre‑tax profit of VND 15,021 billion for 2025, a 30% increase year‑on‑year, and continued to expand its asset base to VND 931 trillion by the end of March 2026. SHB also received domestic accolades, including placement in Vietnam Report’s top‑10 trustworthy commercial banks.
Bank for Investment and Development (BVBank) obtained its first long‑term IDR rating from Fitch Ratings, a B+ with a stable outlook. Fitch highlighted the bank’s strong liquidity (LDR 80% at end‑Q1 2026), effective risk management, and a digital transformation that boosted retail and SME lending. The rating supports BVBank’s planned capital increase of VND 3,504 billion, which would raise its charter capital close to VND 10,000 billion and improve its capital adequacy by 4%. The assessment also noted favorable macro‑economic conditions in Vietnam, with steady FDI inflows and robust export activity.