The final mandatory transfer bank officially changed its name.

(Dan Tri) - After nearly a year since the mandatory transfer to VPBank, Global Petroleum Bank Limited (GPBank) has just been officially approved by the State Bank to change its name.

From today (October 8), GPBank officially announced its new brand identity and changed its name to Prosperity Era Commercial Limited Liability Bank (GPBank). Along with the change of trade name, the bank also changed its brand identity with the main color orange.

GPBank is one of the four banks that were forced to transfer recently, along with OceanBank, CBBank, and Dong A Bank.

While the other three banks quickly changed their names and brand identities, GPBank was the last bank to complete the change of name and brand identity.

Specifically, OceanBank changed its name to MBV after being transferred to MB, CBBank changed its name to VCBNeo after being transferred to Vietcombank and Dong A Bank changed its name to Vikki Bank after being transferred to HDBank .

Money transaction at the bank (Photo: Tien Tuan).

Previously, on January 17, GPBank was converted into a one-member limited liability commercial bank with 100% capital owned by VPBank . This bank currently has a head office and nearly 80 branches/transaction offices/savings funds nationwide with a staff of more than 1,400 employees.

At the annual general meeting of shareholders held last April, Mr. Nguyen Duc Vinh, General Director of VPBank, affirmed that this year will be the first year GPBank makes a profit after a long period of losses.

According to the revelation from VPBank Chairman Ngo Chi Dung, GPBank previously lost thousands of billions of VND or more each year. However, this year, the bank will achieve a minimum profit of 500 billion VND.

In April, VPBank appointed Ms. Pham Thi Nhung, VPBank's Permanent Deputy General Director, as Chairwoman of GPBank's Board of Directors. In addition to Ms. Nhung, GPBank's Board of Directors currently has 5 other members, including Ms. Luu Thi Thao, Mr. Nguyen Huy Phach, Ms. Duong Thi Thu Thuy, Ms. Nguyen Phuong Nam, and Mr. Nguyen Quang Trung.

Source: https://dantri.com.vn/kinh-doanh/ngan-hang-chuyen-giao-bat-buoc-cuoi-cung-chinh-thuc-doi-ten-20251008154851127.htm