Latest news with #BaselII
Zawya
5 days ago
- Business
- Zawya
HDBank Hits Record H1 Pre-tax Profit
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 7 August 2025 - HDBank (HoSE: HDB) has reported a record pre-tax profit of VND10.1 trillion (US$383 million) for the first half of 2025, up 23.3 per cent year-on-year, driven by strong digital transformation, robust credit growth, and prudent risk management. In Q2 alone, the bank posted VND4.7 trillion ($179 million) in pre-tax profit. Total operating income grew 30 per cent to nearly VND20.8 trillion ($791 million), supported by a 15.8 per cent rise in net interest income and a 210 per cent surge in non-interest income, notably from digital banking and forex trading. Digitalisation enhanced cost efficiency, with the cost-to-income ratio falling to 25.5 per cent. HDBank maintained high profitability with a return on equity (ROE) of 26.5 per cent and return on assets (ROA) of 2.2 per cent. As of June 30, total assets stood at VND784 trillion ($29.8 billion), up 12.4 per cent year-to-date. Customer deposits reached VND664 trillion ($25.2 billion), rising 7 per cent, while outstanding loans climbed 18.2 per cent to over VND517 trillion ($19.6 billion), nearly double the sector-wide growth. Credit was channeled to infrastructure, manufacturing, consumption, and low-risk sectors. Its non-performing loan (NPL) ratio was kept low at 1.94 per cent, and the capital adequacy ratio (CAR) exceeded 13 per cent under Basel II. The bank continued to support key government and central bank programmes, including loans for affordable housing, digital infrastructure, high-tech agriculture, and green finance. Subsidiaries under HD Financial Group also recorded strong performances. HD SAISON served 15.5 million customers across 27,100 service points, with a H1 pre-tax profit of VND709 billion ($26.9 million), up 18 per cent. Vikki Digital Bank, formerly Đông Á Bank, surpassed one million app downloads in five months. HD Securities reported VND382 billion ($14.5 million) in profit and an ROE of 29 per cent, ranking among the top 10 most profitable brokerages. Digital channels contributed 75 per cent of new customer acquisitions in Q2, while 94 per cent of individual transactions were made online. The bank continues to expand its digital ecosystem with AI-driven solutions and advanced platforms. HDBank recently received several prestigious awards, including from Forbes Vietnam and the ASEAN Corporate Governance Awards 2025. Hashtag: #HDBank The issuer is solely responsible for the content of this announcement. HDBank
Business Standard
21-07-2025
- Business
- Business Standard
Board of Equitas Small Finance Bank approves raising Tier II capital up to Rs 500 cr
At meeting held on 21 July 2025 The Board of Equitas Small Finance Bank at its meeting held on 21 July 2025 has approved the issuance of up to 50,000 Rated, Listed, Unsecured, Redeemable, Fully Paid-Up, Subordinated, Non-Convertible Debentures having a face value of Rs.1,00,000/- each, of the aggregate nominal value of up to Rs.500 crore including a green shoe option of up to 25,000 Rated, Listed, Unsecured, Redeemable, Fully Paid-Up, Subordinated Non Convertible Debentures having a face value of Rs. 1,00,000/- aggregating up to Rs. 250 crore, in a single series, to be categorized as Lower Tier II Capital (in compliance with Basel II framework on Capital Adequacy) (Bonds/ NCDs/ Debentures) on a private placement basis.
Mint
21-07-2025
- Business
- Mint
Equitas Small Finance Bank declares raising of ₹500 crore fund via NCDs with 50% green shoe option
Equitas Small Finance Bank declares raising of ₹ 500 crore fund via NCDs with 50% green shoe option The board of Equitas Small Finance has approved the issuance of non-convertible debentures (NCDs) worth up to ₹ 500 crore through private placement. The proposed issue will consist of up to 50,000 rated, listed, unsecured, redeemable, fully paid-up subordinated NCDs, each having a face value of ₹ 1 lakh. These debentures will be categorized as Lower Tier II Capital in line with Basel II capital adequacy norms. The total issue size includes a green shoe option of up to 25,000 NCDs, amounting to ₹ 250 crore, allowing the company to raise additional funds depending on investor demand. The issuance will be done in a single series and will help strengthen the company's capital base. A green-shoe option is a provision that allows a company to raise additional funds by issuing more securities than initially planned, in case of strong investor demand. For non-convertible debentures (NCDs), this means the issuer can expand the total fundraising amount without launching a separate issue. It helps the company manage oversubscription efficiently and ensures better price and liquidity stability. In this case, the green-shoe option gives the company flexibility to raise an extra ₹ 250 crore—on top of the base issue of ₹ 250 crore—bringing the total potential issuance to ₹ 500 crore. The stock has declined over 29 percent in the past one year. After gaining 5.5 percent in June, it has dropped another 6 percent so far in July. The start of the year was marked by sharp volatility — the stock rose 4 percent in January, fell 14.5 percent in February, slipped 3.3 percent in March, surged 22 percent in April, and declined 5 percent in May.
Mint
21-07-2025
- Business
- Mint
Equitas Small Finance Bank declares raising of ₹500 crore fund via NCDs with 50% green shoe option
Equitas Small Finance Bank declares raising of ₹ 500 crore fund via NCDs with 50% green shoe option The board of Equitas Small Finance has approved the issuance of non-convertible debentures (NCDs) worth up to ₹ 500 crore through private placement. The proposed issue will consist of up to 50,000 rated, listed, unsecured, redeemable, fully paid-up subordinated NCDs, each having a face value of ₹ 1 lakh. These debentures will be categorized as Lower Tier II Capital in line with Basel II capital adequacy norms. The total issue size includes a green shoe option of up to 25,000 NCDs, amounting to ₹ 250 crore, allowing the company to raise additional funds depending on investor demand. The issuance will be done in a single series and will help strengthen the company's capital base. A green-shoe option is a provision that allows a company to raise additional funds by issuing more securities than initially planned, in case of strong investor demand. For non-convertible debentures (NCDs), this means the issuer can expand the total fundraising amount without launching a separate issue. It helps the company manage oversubscription efficiently and ensures better price and liquidity stability. In this case, the green-shoe option gives the company flexibility to raise an extra ₹ 250 crore—on top of the base issue of ₹ 250 crore—bringing the total potential issuance to ₹ 500 crore. The stock has declined over 29 percent in the past one year. After gaining 5.5 percent in June, it has dropped another 6 percent so far in July. The start of the year was marked by sharp volatility — the stock rose 4 percent in January, fell 14.5 percent in February, slipped 3.3 percent in March, surged 22 percent in April, and declined 5 percent in May. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
LeMonde
06-06-2025
- Business
- LeMonde
Global slowdown in banking regulation
In autumn 2008, during the global banking crisis, the British government was forced to take the unthinkable step: It urgently nationalized two banks, including Royal Bank of Scotland, one of the world's largest financial institutions. On Friday, May 30, 17 years later, it finally sold off its remaining stake, closing the chapter on one of the largest financial collapses in history. After two decades, are the lessons of that crisis at risk of being forgotten? The United States, European Union and United Kingdom are currently delaying the implementation of new banking regulations, each fearing unfair competition from the others. "We are not yet in a race to the bottom, but the risk is very real," summed up Nicolas Véron of the Peterson Institute for International Economics (PIIE), a US-based think tank. The standoff centers on the Basel III standards. These are set by the Basel Committee, a body that brings together supervisors from 28 countries and institutions. After the 2008 financial crisis, Basel II standards were introduced as early as 2010 to strengthen the capital banks were required to hold. Then, in 2017, Basel III standards were established, with implementation planned for 2022. Japan and Canada remain the only two major jurisdictions to have complied.
