HÀ NỘI — HDBank continuously posted record high profit in 2016, making it the most successful case in the country’s bank restructuring. The bank’s representatives attributed the success to its merger with a good bank and effective business strategies, including the acquisition of a finance company. Following the merger with DaiABank, HDBank has become a medium-sized bank, with total assets of some VNĐ70 trillion and a network of 220 counters. The HD Saison finance company enabled HDBank to earn profits of VNĐ175 billion in 2014, VNĐ280 billion in 2015 and more than VNĐ440 billion in 2016. In 2017, HDBank has targeted increasing total assets to VNĐ193.3 trillion and profit to VNĐ1.64 trillion.

Source: Viet Nam News February 07, 2017 09:10 UTC