OVERVIEW OF LPBANK
LienViet Post Commercial Joint Stock Bank (LPBank), formerly LienViet Commercial Joint Stock Bank (LienVietBank), was established under Establishment and Operation License No. 91/GP-NHNN dated March 28, 2008, issued by the Governor of the State Bank of Vietnam. LPBank's founding shareholders were Him Lam Joint Stock Company, Saigon Trading Corporation (SATRA), and Tan Son Nhat Airport Aviation Services Company (SASCO). In 2011, with the Vietnam Post Corporation (now Vietnam Post and Telecommunications Corporation) contributing capital to LienVietBank through the value of the Postal Savings Service Company (VPSC) and cash, LienVietBank was authorized by the Prime Minister and the Governor of the State Bank of Vietnam to change its name to LienViet Post Commercial Joint Stock Bank. Along with this name change, Vietnam Post and Telecommunications Corporation officially became the largest shareholder of LPBank. Currently, with a charter capital of VND 25,576 billion and a nationwide network, LPBank is one of the largest Joint Stock Commercial Banks in Vietnam. LPBank aims to build a strong brand based on leveraging its internal strengths, operating transparently, and integrating social responsibility into its business. On May 12, 2023, the State Bank of Vietnam issued Decision No. 899/QD-NHNN allowing Lien Viet Post Commercial Bank to change its English abbreviation to LPBank (pronounced: eo-pi-bank). On May 26, 2023, the bank officially changed its brand identity. The new brand is designed to be simpler, easier to remember, and easier to read. The new logo inherits elements from the old logo but is designed to be more modern and dynamic.LPBANK
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