Vietnam-based HCM City
Housing Development Commercial Bank (HD Bank) is to change its name
to HD Commercial Bank, as part of its drive to become a modern
retail bank and one of the country’s five largest
lenders.
HD Bank kicked off the
first phase of a three year restructuring project in 2009, designed
to enhance its IT systems and product range.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
For the current fiscal year, HD Bank has
set growth targets of total assets reaching VND25trn ($1.28bn);
deposits of VND21trn and total lending of VND10.5trn.
Formed in 1990, HD Bank has a branch
network of 65 units, which it is aiming to grow to 90 outlets this
year.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
