HDBank - Give Wings to Love

Poverty is a major economic and social issue not only in our country but also globally. The United Nations 2030 Sustainable Development Goals include numerous targets for poverty reduction.

For decades, the Party and State have consistently devoted significant resources to investment and support, ensuring social welfare and improving the material and spiritual well-being of the people. National target programmes on poverty reduction, new rural development, and socio-economic development in ethnic minority and mountainous areas have been implemented effectively.

Accompanying this journey, HDBank, with more than three decades of spreading a corporate culture of sharing and compassion, has regularly carried out extensive community and social welfare activities across the country. Active participation in social welfare programmes not only demonstrates HDBank's responsibility towards the community but is also the shared aspiration of all employees in pursuing the goal of becoming a green and sustainably developing bank.

Quietly, but persistently, consistently and effectively, HDBank has spread the nation's good traditions and culture of "loving others as oneself", "the healthy supporting the sick", and "those who are less disadvantaged supporting those who are more disadvantaged" through meaningful, practical, humane and timely activities.

Community and social development goals and commitments:

HDBank promotes community and social development through three main areas: housing and transport infrastructure, education, and healthcare. The bank believes that these are three essential areas and the foundation for social quality and progress, with people at the centre of value.

HDBank continues to pursue the implementation of the 17 United Nations Sustainable Development Goals. HDBank recognises that only when communities develop strongly and sustainably can organisations such as HDBank develop. Therefore, the bank carries out community activities across all regions of the country, from urban to rural areas, particularly in mountainous, remote and ethnic minority communities.

Contribution to national projects and international cooperation:

Since 2015, HDBank has been selected by the Government as the servicing bank for the Mekong Delta Climate Change Adaptation Project in Ben Tre and Tra Vinh, using ODA funding from the International Fund for Agricultural Development (IFAD) under the United Nations. HDBank has also continuously been selected by the State Bank of Vietnam and the Ministry of Finance to service ODA projects for developing clean water systems, building schools and hospitals, and economic infrastructure.

In addition, the bank collaborates with international organisations such as IFC, DEG and Proparco to finance renewable energy, high-tech agriculture, support small and medium-sized enterprises (SMEs), and women-owned enterprises. By the end of 2023, HDBank's green finance portfolio had reached more than VND 12 trillion, while support programmes for workers and small and medium-sized enterprises continued to expand.

Specific actions and environmental protection commitments:

HDBank continuously implements solutions to reduce greenhouse gas emissions and hazardous waste and is committed to strictly managing waste discharge across all its operations. The bank has pioneered upgrades in accordance with Basel III, completed a project to upgrade its risk management framework, and issued Regulations on Environmental and Social Risk Management in Credit Activities (ESMS), applicable to corporate loans, particularly credit limits for industries with negative environmental impacts.

HDBank believes that sustainable development will be central to its future success and will ensure that future generations inherit a meaningful green legacy from HDBank.

Governance

Objectives

HDBank aims for average annual growth of over 25%, ensuring safety and sustainability, towards the 2021–2025 five-year plan.
The bank strives to become one of the leading profit-generating banks by 2025, focusing on developing rural markets, second-tier urban markets, SMEs, households, supply chain lending and digital transformation.
HDBank is committed to delivering the best value to shareholders, customers, employees, communities and local economies, while making positive contributions to the state budget.

Vision

HDBank takes sustainable development as a core value, integrating it into all business decisions and activities.
The bank focuses on developing the rural agriculture sector, comprehensive digital transformation, and SME customers, always balancing profit and risk to create sustainable economic value.
HDBank is committed to fulfilling its state budget obligations and delivering the greatest benefits to stakeholders, integrating social responsibility into operations and sustainable procurement practices, thereby contributing to the overall development of the economy.
With a sustainable foundation, HDBank aims to reach new milestones under the direction of "Sustainable development, pioneering leadership."

Environment

Objectives

HDBank aims to optimise resources by saving energy, water and materials in its operations, investing in technology to minimise environmental impacts.
The bank is committed to transitioning to renewable energy, particularly solar energy, and effectively managing waste discharge activities, thereby contributing to sustainable development goals.

Vision

HDBank aims to optimise resource use and is committed to environmental responsibility, applying sustainable development criteria to all internal activities. The bank actively promotes and widely communicates the message of awareness and responsible use of resources.
The bank actively promotes the green transition, encourages sustainable lifestyles within the community, and is committed to accompanying the Government in achieving the goal of net-zero emissions by 2050.
Efforts to transition to renewable energy and communicate about limiting greenhouse gas emissions demonstrate HDBank's commitment to reducing its environmental impact.

Social

Objectives

HDBank focuses on recruiting talent and improving the quality of its workforce to meet current and future needs.
The bank is committed to providing a professional working environment and creating opportunities for employees to improve their knowledge and skills.
HDBank focuses on developing infrastructure, education, and healthcare, the three foundational areas of the community. The bank is committed to developing strong and sustainable communities to jointly create long-term value. In addition, HDBank is committed to continuing to spread a "green" legacy for future generations.

Vision

HDBank considers human resource development a strategic foundation, focusing on recruiting and training talent while building a corporate culture that creates a happy working environment. The bank aims to become a professional, creative, and humane workplace.
In addition, HDBank connects with communities through social welfare activities across the country, particularly in remote, isolated areas and ethnic minority communities, in keeping with the tradition of "loving others as loving oneself."

Journey of Nurturing and Accompanying the Young Generation of Vietnam

HDBank has implemented numerous education, training and sponsorship programmes for the young generation of Vietnam, particularly disadvantaged individuals and young talents.

Talent development:

HDBank International Chess Tournament: Since 2011, HDBank has worked with the Vietnam Chess Federation and the Ho Chi Minh City People's Committee to organise the annual HDBank International Chess Tournament. To date, HDBank has consistently supported young chess players in accessing international competitions and contributed to developing prominent names in Vietnamese chess.
Futsal: Through its involvement with the Futsal tournament, HDBank aims to create an attractive playing field for clubs and diversify sporting activities in Vietnam. With this goal, HDBank has developed Futsal from a potential sport in Vietnam into a key sport, establishing its position on the world map through the international tournament bearing its name since 2011.
HDBank Hackathon: The HDBank Hackathon competition was established to create a useful platform that attracts students studying Information Technology. From there, it seeks to identify and develop information technology talent and open up career opportunities for Vietnamese students.

Scholarships and educational support:

HDBank accompanies numerous scholarship funds such as the "Because of Vietnamese Children" Support Fund, Vu A Dinh Scholarship Fund, Da Nang City Study Promotion Fund, Ho Chi Minh City Association for the Support of Poor Patients, etc. Through these programmes, HDBank has provided learning opportunities to thousands of disadvantaged students, particularly children from ethnic minority communities, remote, isolated, mountainous and island areas, and across the country through thousands of scholarships.
On occasions such as the Mid-Autumn Festival, Lunar New Year, and International Children's Day, the Leadership Board and employees visit and give gifts to children, teachers and carers at social protection centres and SOS Children's Villages nationwide.
Sponsor the construction of educational infrastructure in remote and isolated areas, such as building dining halls, providing desks and chairs for teachers and students, renovating and repairing schools, building digital libraries, and equipping disadvantaged students with computers…
Implement the "Reading Culture for Children in the Central Highlands" project together with the Vietnam Intelligence Organisation. This is a meaningful activity aimed at nurturing reading habits among students and supporting schools in improving the educational environment and teaching quality.

Journey of "Building" Love

HDBank invests in developing infrastructure to improve living conditions in disadvantaged and border areas.

Completion and handover of charitable, gratitude and great solidarity houses: By 2023, HDBank had donated more than 700 charitable, gratitude and great solidarity houses to poor people and people who had made contributions to the country across provinces and cities from north to south.
Accompanying population development along the border: HDBank strives to expand social welfare projects to remote, sparsely populated and difficult-to-access areas, particularly border and island areas. In 2023, HDBank, together with the Ho Chi Minh City Military Command, handed over 80 houses in the residential areas adjacent to border militia posts in Duc Hue District, Long An Province. At the same time, it supported a delegation from Ben Tre Province in visiting and encouraging officers, soldiers and residents of Truong Sa District and DK1 Platform.
Accompanying development across all regions of the country: HDBank contributes funding to implement numerous projects involving bridges, roads and solar energy equipment in various areas.

For Community Health

HDBank's journey of accompanying community health has been implemented continuously for decades and has increasingly received investment and development from the bank.

For more than 18 years, HDBank has accompanied the Ho Chi Minh City Association for the Support of Poor Patients in supporting community healthcare, from providing health insurance cards and sponsoring eye surgery for disadvantaged people to developing medical examination and treatment programmes.
Medical relief: HDBank has provided medical equipment and supported hospitals across the country. During the COVID-19 pandemic, HDBank contributed to the vaccine fund and supported vaccination for people.
Voluntary blood donation: An annual activity of HDBank employees to spread the spirit of mutual support and compassion.

HDBank has contributed to community activities towards sustainable development, creating a strong foundation for the young generation of Vietnam.

Over nearly 35 years, HDBank has grown strongly from a small bank with charter capital of VND 3 billion and total assets of VND 20 billion into a large bank with total assets of over VND 600 trillion, nearly 17,000 employees, 355 transaction points and more than 24,000 financial points nationwide. The bank has also expanded its international relationships with more than 400 partners and established strategic partnerships with major banks such as JP Morgan Chase, Wells Fargo, Citibank, etc.

HDBank has integrated ESG standards into its operations and received numerous domestic and international awards. From 2017 to 2023, the bank was awarded Second- and Third-Class Labour Medals, certificates of merit from the State Bank of Vietnam, and many other awards. In 2023, HDBank was the only Vietnamese bank recognised as a Best Companies to Work for in Asia for six consecutive years, and received the "Most Sustainable Bank" award in Asia and the Middle East from ABF. HDBank was also awarded "Best Corporate Social Responsibility Bank in Vietnam" by Asiamoney for its sustainable contributions and social welfare programmes.

In addition, the bank provides preferential credit, develops rural areas and cooperates with universities to train human resources, creating stable employment for nearly 17,000 employees nationwide.

8.7 billion VND

HDBank's social security activity expenses in 2020

153.4 billion VND

HDBank's social security activity expenses in 2021

80.7 billion VND

HDBank's social security activity expenses in 2022

46.1 billion VND

HDBank's social security activity expenses in 2023

Firmly committed to its sustainable development philosophy, HDBank will continue to accompany and join hands with others in the future, undertaking practical activities and making greater contributions to poverty reduction and social welfare as part of Vietnam's "Joining Hands for the Poor – Leaving No One Behind" journey during the country's new development period. HDBank is committed to promoting investment and accompanying community and social development through key areas: housing and transport infrastructure, healthcare, education and training, culture and sports, as these are essential areas that form the foundation for the quality and progress of society.

In addition, with responsibility for the sustainable development of the economy, HDBank is one of the pioneering commercial banks in issuing policies on green credit, environmental and social protection; at the same time, organising specialised training programmes for employees on assessing environmental and social risks in the credit granting process, as well as strengthening consulting activities and accompanying customers.

The bank has mobilised more than VND 8.7 trillion for environmental protection projects and cooperated with international organisations such as IFC, ADB and WB. HDBank also supports small and medium-sized enterprises (SMEs) and creates financial opportunities for rural areas. Having been continuously recognised through sustainable development awards, HDBank demonstrates the potential to scale the "green banking" model in the Vietnamese market.