Mr. Vu Quoc Khanh - General Director of LPBank (right) and Mr. Duong Van Bac - General Director of Novaland (left) perform the signing ceremony of the comprehensive cooperation agreement in the presence of leaders from both sides.
According to the agreement signed on March 16, 2026, LPBank will study and provide suitable financial solutions to support Novaland in the implementation and development of its real estate projects. This collaboration with a large-scale financial institution is expected to help the company increase its access to capital and provide further impetus to accelerate the progress of its ongoing projects.
In addition to providing funding for project development, the two parties will also cooperate in implementing credit programs for individual customers who wish to purchase real estate products developed by Novaland. Through suitable loan packages and financial services, homebuyers can access capital more easily, thereby contributing to boosting liquidity in the real estate market.
LPBank will also consider providing credit, guarantee, and payment services to contractors, suppliers, and partners involved in the implementation of Novaland's projects. Financial support for this partner chain is expected to help ensure cash flow during construction and enhance the efficiency of large-scale real estate projects.
According to the cooperation agreement, LPBank and Novaland will jointly implement several key initiatives to support investment activities, project development, and expand financial services for customers.
In addition, the two companies plan to strengthen connections within their customer and partner ecosystems, and to research and develop banking products and services such as credit, deposits, e-banking, insurance, and cash flow management solutions. These collaborations are expected to expand business opportunities for both parties and provide customers with more financial service options.
A representative from LPBank stated that the collaboration with Novaland is part of a strategy to expand partnerships with major businesses in key economic sectors. With its financial capacity and extensive network, the bank expects to partner with Novaland in implementing effective financial solutions for real estate projects in the future.
On Novaland's side, the company's leaders believe that signing a comprehensive cooperation agreement with LPBank is a positive step in the process of financial restructuring and strengthening the foundation for development. The combination of the bank's financial capacity and Novaland's project development experience is expected to create further momentum for investment and expansion plans in the new phase.
Mr. Ho Nam Tien - Chairman of the Board of Directors of LPBank (right) and Mr. Bui Cao Nhat Quan - Chairman of the Executive Board of Novaland (left) present commemorative flowers, celebrating the success of the comprehensive cooperation signing ceremony.
According to experts, as the real estate market gradually recovers, increased cooperation between project developers and financial institutions is seen as an inevitable trend to secure resources for investment and development. The cooperation agreement between LPBank and Novaland is therefore expected to contribute to boosting capital flows into the market and open up further development opportunities for both parties in the future.
Nguyen Duc
Source: https://baochinhphu.vn/novaland-them-luc-von-tu-lpbank-102260316194413834.htm
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