Ho Chi Minh City Development Joint Stock Commercial Bank · HOSE:HDB
Ho Chi Minh City Development Joint Stock Commercial Bank — HDBank — FY2024 Earnings Presentation
28 slides from Ho Chi Minh City Development Joint Stock Commercial Bank's earnings presentation, February 2025
Slide 1: FY2024 Results & Business Update
FY2024 Results & Business Update Outstanding Business Performance Affirms Solid Foundations and Digital Excellence Ho Chi Minh City, February 2025
Slide 2: Disclaimer
Disclaimer IMPORTANT: You must read the following before continuing. In accessing the attached summary information presentation (this “presentation”), you agree to be bound by the following terms and conditions. This presentation contains confidential information. You should not reproduce or distrib
Slide 3: Contents
I. Overview of HDBank Contents II. Key Investment Highlights III. Strategic Initiatives IV. Highlights of Key CSR Activities V. Appendix 33
Slide 4: Overview of HDBank
Overview of HDBank One of the best banks in delivering shareholders’ value Overview Key Statistics of FY2024 Performance • Established in 1989, HDBank is currently among the largest listed companies by market capitalization and belongs to VN30 Index of top companies by market cap. • HDBank has prove
Slide 5: Development Timeline
Development Timeline Over the past decade of transformation, HDBank has witnessed remarkable growth in both its total assets and network (In VNDbn) Implement the 2021-2025 Establishment Phase Implement the first 5-year development strategy Post IPO Growth development strategy No, of 33 65 96 120 121
Slide 6: Reputable Brand Name
Reputable Brand Name Strong recognition from international institutions with B1 credit rating by Moody’s Prestigious Awards from the Government Reputable Awards From Domestic And International Institutions • Awarded the Labor Medal ▪ Certificate of Merit for important contributions to the digital by
Slide 7: Contents
I. Overview of HDBank Contents II. Key Investment Highlights III. Strategic Initiatives IV. Highlights of Key CSR Activities V. Appendix 77
Slide 8: Key Investment Highlights
Key Investment Highlights 1 Impressive track record of growth and operational efficiency 2 Strategic focus on fast growing retail and SME banking segments 3 Controls a leading consumer finance company 4 Prudent and proven risk management practices 5 Well-established operating base to drive strong an
Slide 9: Impressive Track Record Of Growth And Operational Efficiency
1 Impressive Track Record Of Growth And Operational Efficiency Significant growth in scale with ample capital base Loan Book (VNDbn) Customer Deposits and Valuable Papers (VNDbn) 2019 – 2024 CAGR: +24.1% 2019 – 2024 CAGR: +28.0% 518,855 431,306 421,716 343,404 263,856 203,211 259,959 178,323 208,953
Slide 10: Impressive Track Record Of Growth And Operating Efficiency
1 Impressive Track Record Of Growth And Operating Efficiency Consistently achieving strong profitability Total Operating Income Breakdown (VNDbn) Net Interest Margin Expands As Funding Cost Is Well-controlled 2019 – 2024 CAGR: +24.5% 4.8% 5.6% 34,028 4.7% 5.2% 5.1% 26,414 4.4% 1,417 21,967 2,188 6.8
Slide 11: Strategic Focus on the Fast-Growing SME and Retail Banking Segments
2 Strategic Focus on the Fast-Growing SME and Retail Banking Segments SME and Retail are most benefited from the country strong economic growth Loan Portfolio Breakdown Retail Customers and Deposits Growth CIB, CF, 4.2% 2.1% 332,944 • Over the years HDBank has carefully tailored its 272,060 strategy
Slide 12: Strategic Focus on the Fast-Growing SME and Retail Banking Segments
2 Strategic Focus on the Fast-Growing SME and Retail Banking Segments Opportunities to capture values from all potential customers in the value chain ecosystem HDBank’s Value Chain Approach CMB / CIB Banking Retail Banking Cross-referred to Retail Banking by providing incentives (e,g, referral commi
Slide 13: Controls a Leading Consumer Finance Company
3 Controls a Leading Consumer Finance Company HD Saison is one of the leading consumer finance companies in Vietnam HD Saison’s Total Assets (VNDtn) Targeted Customer Segments Monthly income >7x 19.6 17.9 17.5 16.1 HDBank 14.8 14.1 1 US$2,500 HNWI is focusing on the 12.1 9.9 10.9 medium to high inco
Slide 14: Controls a Leading Consumer Finance Company
3 Controls a Leading Consumer Finance Company Well-established market position in motorbike lending and profitability Total Loan (VNDbn) Total Disbursements (VNDbn) 26,986 27,689 24,165 24,448 18,212 20,787 20,364 16,839 16,086 14,230 13,376 12,582 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2
Slide 15: Controls a Leading Consumer Finance Company
3 Controls a Leading Consumer Finance Company Well-established market position in motorbike lending and profitability Total Operating Income and Cost-Income Ratio (CIR) Profit Before Tax Is Bouncing Back Robustly (VNDbn) 51.4% 50.6% 38.2% 39.0% 36.3% 35.7% 1,152 1,214 1,040 1,001 1,001 6,663 5,701 5
Slide 16: Prudent and Proven Risk Management Practices
4 Prudent and Proven Risk Management Practices Parent bank NPL and liquidity ratios are among the best in the industry NPL Ratio Remains Better Than Industry Average Credit Cost Is Well-Controlled 4.95% 4.55% as of 9/2024 1.47% 1.31% 1.35% 1.21% 1.10% 0.96% 1.89% 2.14% 1.90% 2.00% 1.75% 1.98% 1.51%
Slide 17: Well-Established Operating Base to Drive Strong and Sustainable Growth
5 Well-Established Operating Base to Drive Strong and Sustainable Growth With a unique ecosystem for cross-selling of products COMBINED TOTAL OF >50,000 PHYSICAL TOUCH POINTS 14.6 12.8 9.7 11.3 Building an ecosystem from 6.6 8.3 6.3 2.3 2.6 2.8 3.3 4.2 our captive customer base which will allow HDBa
Slide 18: Reputable and Highly Experienced Board of Directors (HDBank)
6 Reputable and Highly Experienced Board of Directors (HDBank) Committed to investors’ best returns Kim Byoungho Nguyen Thi Phuong Thao Chairman, Independent member Permanent Vice Chairwoman ● He has over 30 years of experience in the ● Key and representative shareholder, Chairwoman finance and bank
Slide 19: Contents
I. Overview of HDBank Contents II. Key Investment Highlights III. Strategic Initiatives IV. Highlights of Key CSR Activities V. Appendix 19 19
Slide 20: Strategic Initiatives: Exceptional Digital Customer Experience
Strategic Initiatives Focusing on exceptional digital customer experience Contribution of digital channels to Financial transactions rose robustly Growth of new digital customers customer acquisition and transactions (mn) (thoursand) 108.0 1,650 80% of new customers acquired from digital channels 62
Slide 21: ESG Risk Management Strategy and Sustainable Development
Strategic Initiatives ESG Risk Management Strategy and Sustainable Development “We are fully aware of our role and responsibility in creating value for society, protecting the environment, and contributing to the development of a green economy, promoting human rights, and creating sustainable values
Slide 22: Contents
I. Overview of HDBank Contents II. Key Investment Highlights III. Strategic Initiatives IV. Highlights of Key CSR Activities V. Appendix 22 22
Slide 23: Key Highlights Of Corporate And CSR Activities
Key Highlights Of Corporate And CSR Activities HDBank officially receives the mandatory transfer of DongA Bank, HDBank Launches Northern Galaxy Innovation Hub at National marking the beginning of a period of stable development Innovation Center On January 17, 2025, the State Bank of Vietnam (SBV) an
Slide 24: Key Highlights Of Corporate And CSR Activities
Key Highlights Of Corporate And CSR Activities HDBank and Proparco promote climate finance projects, supporting HDBank Triumphs at the Prestigious Vietnam Listed Company women-led businesses Awards 2024 In September 2024, HDBank and Proparco, the French Development Finance Institution, formalized a
Slide 25: Contents
I. Overview of HDBank Contents II. Key Investment Highlights III. Strategic Initiatives IV. Highlights of Key CSR Activities V. Appendix 25 25
Slide 26: Distribution Network
Distribution Network HDBank and HD SAISON are forming the largest retail banking and consumer finance distribution networks in Vietnam NORTHERN REGIONS (EXC, HANOI) HANOI ● Number of cities/provinces: 30 ● Number of cities/provinces: 1 ● Number of retail branches: 85 ● Number of retail branches: 56
Slide 27: Typical Design of A Transaction Center
Typical Design of A Transaction Center 30
Slide 28: Annual Report and Sustainability Report
ANNUAL SUSTAINABILITY REPORT REPORT