LPBank
From Wikipedia, the free encyclopedia
LPBank (old name: LienVietBank or LienVietPostBank) is a Vietnamese retail bank based in Hanoi. As of December 31, 2023, LPBank's total assets reached over VND382,953 billion,[1] up 17% from the beginning of the year. Market segment 1 mobilization activities reached VND285,342 billion;[2][3] credit growth reached VND39,686 billion with a rate of 16.83%, in line with the ceiling allowed by the State Bank of Vietnam.[4][5] As of the end of 2023, LPBank's NPL ratio was 1.26%, lower than the same period (1.45%) and much lower than the third quarter of 2023.[6][7][8]
This article contains content that is written like an advertisement. (September 2016) |
Native name | Ngân hàng TMCP Bưu điện Liên Việt |
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Company type | Joint-stock |
Industry | Banking and Finance |
Founded | 28 March 2008 |
Headquarters | , Vietnam |
Key people | Nguyen Duc Thuy (Chairman) Ho Nam Tien (CEO) |
Total assets | VND 365,000 billion (2023) (equivalent to USD 15 billion) |
Number of employees | 10,600 (As of Nov 30 2023) |
Website | www |
LPBank was granted a license to operate on March 28, 2008 with the original name LienVietBank and officially launched on May 1, 2008 with a charter capital of VND3,300 billion.[9][10] In 2011, LPBank changed its name to LienVietPostBank.[11][12][13][14]