Krungsri completes payout to SHB for SHBFinance takeover
What's the deal? Thailand's KrungsriDealroom has a profile for this one. Try Dealroom → has paid in full for 100% of SHBFinanceDealroom has a profile for this one. Try Dealroom →, Vietnam's Saigon - Hanoi Commercial Joint Stock Bank (SHBDealroom has a profile for this one. Try Dealroom →) said. The consumer finance unit, now renamed SFinance, changes hands in an acquisition completed on October 15, 2026. Terms were not disclosed.
Who's involved? Krungsri is one of Thailand's leading financial groups and a member of Japan's MUFG Financial GroupDealroom has a profile for this one. Try Dealroom →. SHB is listed on the Ho Chi Minh Stock Exchange and ranks among Vietnam's larger private commercial banks.
Why it matters? SHB said the sale of SHBFinance's full charter capital brings "significant capital surplus" to shareholders and strengthens the bank's financial position. Both sides plan to keep cooperating on products and services after the deal.
By the numbers: SHB's estimated pre-tax profit for the first nine months reached VND 14.3 trillion, up about 17% year on year and roughly 81% of its 2026 target. Return on equity hit about 25.9%, with the non-performing loan ratio held below 2%.
What's next? SHB recently raised its charter capital to VND 53,442 billion via a 750 million share issue, and expects it to climb to VND 58,786 billion after a planned dividend of 10% in shares and 6% in cash. Its total assets neared the VND 1 trillion mark at the end of the second quarter.
The signal: The exit lets SHB bank a capital gain while handing a fast-growing Vietnamese consumer lender to a foreign group backed by MUFG — a sign of Japanese and Thai appetite for Southeast Asia's retail finance market.
Read more: vietnam.vn
Image credit: Generated with Gemini
