OVERVIEW OF LPBANK

OVERVIEW OF LPBANK

Lien Viet Post Joint Stock Commercial Bank (LPBank), formerly Lien Viet Commercial Joint Stock Bank (LienVietBank), was established under the Establishment and Operation License No. 91/GP-NHNN dated March 28, 2008 of the Governor of the State Bank of Vietnam. The founding shareholders of LPBank are Him Lam Joint Stock Company, Saigon Trading Group (SATRA) and Tan Son Nhat Airport Services Company (SASCO). In 2011, with the Vietnam Post Corporation (now Vietnam Post Corporation) contributing capital to LienVietBank with the value of the Postal Savings Service Company (VPSC) and in cash, Lien Viet Bank was allowed by the Prime Minister and the Governor of the State Bank of Vietnam to change its name to Lien Viet Post Joint Stock Commercial Bank. Along with this name change, Vietnam Post 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 on the basis of promoting internal resources, transparent operations, and integrating society in business. On May 12, 2023, the State Bank of Vietnam issued Decision No. 899/QD-NHNN allowing Lien Viet Post Joint Stock 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 bank's new brand was changed to be simple, easy to remember, and easy to read. The new logo image inherits from the old logo but is designed to be more modern and dynamic.

LPBANK