On October 12, S&P Global Ratings assigned a long-term “AA” rating to the Singapore dollar unsecured bonds that SHB plans to issue, equal to the foreign-currency issuer rating of CGIF, given its unconditional, timely and irrevocable guarantee. The same day, SHB disclosed a US$340 million syndicated loan agreement coordinated by SMBC, which may be increased, with a three-year tenor. The bank plans to launch the international bond offering and draw the loan in October 2026, after the State Securities Commission approved its registration. In the first six months of 2026, cumulative pre-tax profit rose 1.6% to VND 9,092 billion, equal to 51% of the annual plan, while total assets at June 30, 2026 reached VND 962,667 billion, up 8% from end-2025.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ngân hàng SHB đón hai tin vui lớn
Related tickers and likely impact
SHB
▲ Likely positiveSaigon-Hanoi Bank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 51,530 bn VND |
| P/E | 4.2 |
| P/B | 0.68 |
| Close on 10/14/2026 | 10.30 |
| Change that session | -1.44% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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As of October 14, 2026, outstanding credit to the economy reached 20,721,583 billion dong, up 11.44% from the end of last year and 16.73% year-on-year. On the morning of October 19, State Bank of Vietnam (SBV) Governor Phạm Đức Ấn met with chairs and CEOs of commercial banks, and the banks agreed to cut interest rates. Specifically, listed deposit rates for terms of 6 months or more will fall by at least 0.5%/year, while lending rates will drop by 1.5–2%/year, focusing on production, business and priority sectors. The backdrop includes Middle East conflict driving up oil prices, several major central banks raising rates and a stronger US dollar, all of which pressure Vietnam's monetary policy. The SBV also asks banks to channel credit into production and business while tightly controlling lending to risky sectors, including real estate.
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