LPBank celebrates its 16th birthday with many outstanding milestones

From a young bank with an initial charter capital of VND 3,300 billion, after 16 years of development, LPBank has grown strongly, becoming one of the largest commercial banks in Vietnam, possessing a wide network across all 63 provinces/cities nationwide, ranking among the Top 500 banks with the highest brand value globally, and being one of 14 Vietnamese banks belonging to the Group of most important credit institutions in the system in 2024.

On March 28th, at its headquarters, Lien Viet Post Bank (LPBank) celebrated its 16th anniversary, marking a journey of development with many impressive growth achievements and opening up new prospects for strong future development and international expansion. 2024 is a milestone marking LPBank's 16-year journey of development. This is also the year the bank has achieved impressive results from its comprehensive transformation and spectacular growth. By the end of 2023, LPBank's charter capital increased to VND 25,576 billion, total assets reached VND 382,863 billion, and pre-tax profit reached VND 7,039 billion. To achieve these outstanding achievements, LPBank has always strived tirelessly, remaining steadfast in its five core values: Integrity – Responsibility – Unity – Innovation – Customer Focus. This serves as a guiding principle in all of the Bank's activities, driving a comprehensive transformation process to move faster, further, and more successfully.

LPBank celebrated its 16th anniversary, marking a journey of development with many impressive growth achievements.

Throughout its formation and development, LPBank has consistently adhered to a policy of integrating social responsibility into its business operations, focusing on five pillars: Education and Training, Healthcare, Culture and Sports, Social Welfare, and Support for the Development of Poor Localities. Education and Training accounts for over 50% of LPBank's total social sponsorship, including scholarships for students, school construction, and investment in infrastructure for schools in remote areas. In addition, LPBank actively participates in sports and physical activities through the LPBank – Run4change race. A highlight of the race is its humanitarian spirit: for every kilometer run by participants, LPBank contributes 1,000 VND to a charitable fund for social welfare. In 2024, the LPBank – Run4change online running event will take place from March 3rd to September 3rd, 2024, bringing a healthy sports festival and spreading a positive lifestyle for community health. Mr. Ho Nam Tien – Vice Chairman of the Board of Directors and General Director of LPBank affirmed: “This year, 2024, LPBank turns 16 years old with aspirations, and with the strength of a sustainably built foundation, the Bank is ready to enter a phase of strong and comprehensive growth. With the integrity and high sense of responsibility of the leadership, along with the creativity, unity and determination of all employees, and the support of shareholders, partners, and customers, LPBank will certainly make outstanding achievements not only in 2024 but also achieve even more impressive growth in the future.” Also at the anniversary ceremony, LPBank officially launched the LPBank JCB Ultimate international credit card product. The card is specially designed with many exclusive privileges and benefits for the high-end customer segment, affirming one of LPBank's core focuses: continuously researching and developing specialized financial products and services to meet the needs of personalized payment experiences in a convenient way and optimize benefits for customers.

The LPBank JCB Ultimate international credit card is the highest-tier credit card offered by LPBank and JCB to customers in Vietnam.

Elevating the privileges of its cardholders, the LPBank JCB Ultimate international credit card is the perfect continuation of LPBank's collection of premium cards. During the event, the first LPBank JCB Ultimate international credit cards were also presented to customers and partners as a token of deep gratitude for their continued support and trust in LPBank's sustainable and strong development over the past 16 years.

LPBank's AutoBank automated banking system features a modern, user-friendly interface, supports both Vietnamese and English, and is equipped with a chip-embedded citizen ID reader, allowing customers to transact instantly , saving time and simplifying cumbersome procedures .

Also on its 16th anniversary, LPBank simultaneously launched its AutoBank automated banking system in many major cities such as Hanoi, Ho Chi Minh City, Da Nang, Can Tho, Nghe An, Nam Dinh , Lao Cai, Dong Nai, and Ninh Binh. AutoBank is a new generation automated banking transaction model in line with LPBank's digital transformation strategy, focusing on the customer, aiming to improve service quality and meet customers' needs for modern, convenient, safe, and secure financial transactions.

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