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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 10 sources · 6 days · First seen · Last updated
Saigon - Hanoi Securities financial activities
Overview
Saigon - Hanoi Securities Joint Stock Company (SHS) has initiated several financial maneuvers to manage capital and debt. Initially, the company announced a 5% cash dividend for the 2025 fiscal year, totaling approximately 449.73 billion VND, alongside a plan to issue bonus shares at a ratio of 100:5 to increase charter capital.
Following these announcements, SHS approved a plan to raise 600 billion VND through two private bond offerings in the fourth quarter of 2026. These non-convertible, unsecured bonds carry a fixed interest rate of 10.5% per annum and are intended to restructure debts maturing in October 2026.
As of October 2026, SHS’s debt restructuring plans occur within a broader Vietnamese financial landscape characterized by stabilizing interest rates and strong credit growth. The State Bank of Vietnam reported that the upward trend in interest rates is slowing, with rates stabilizing around a new baseline. As of September 20, 2026, the average deposit interest rate for new transactions stood at 6.38% per year, an increase of 1.15 percentage points from the end of 2025.
Despite these shifts, credit growth remains robust. By September 30, 2026, total system credit outstanding reached approximately 20.75 quadrillion VND, representing an 11.59% increase from the end of 2025 and a 16.69% increase compared to the same period the previous year. To support the economy, the central bank has directed credit institutions to stabilize rates and increase transparency by publishing lending rates online.
Entities
Saigon - Hanoi Securities Joint Stock Company · Hanoi Stock Exchange · Techcombank · Do Quang Vinh · State Bank of Vietnam
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The rate of interest rate increases is slowing down.
- [● 3 SOURCES] As of September 20, 2026, the average deposit interest rate for new transactions was 6.38% per year.
- [● 3 SOURCES] Total system credit outstanding reached approximately 20.75 trillion VND as of September 30, 2026.
- [● 3 SOURCES] The average deposit interest rate increased by 1.15 percentage points compared to the end of 2025.
- [● 2 SOURCES] Credit increased by 11.59% compared to the end of 2025.
- [● 2 SOURCES] The State Bank of Vietnam is maintaining its current operating interest rates.
Timeline
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[BUSINESS] 10 sourcesState Bank of Vietnam reports stabilizing interest rates and strong credit growth
The State Bank of Vietnam reports slowing interest rate growth and a new stable baseline, while total system credit rose 11.59% compared to the end of 2025, reaching 20.75 trillion VND.
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[BUSINESS] 2 sourcesSaigon - Hanoi Securities to pay 5% cash dividend and issue bonus shares
Saigon - Hanoi Securities (SHS) will pay a 5% cash dividend (500 VND/share) on October 16, 2026, and plans to issue bonus shares at a 100:5 ratio to increase capital.
Sources
cafebiz.vn · cafef.vn · doanhnghiephoinhap.vn · kenh14.vn · kienthuc.net.vn · mekongasean.vn · nhandan.vn · phunuvietnam.vn · thoibaotaichinhvietnam.vn · thuonggiaonline.vn
This summary has been updated 2 times: see revision history