Vietnam Prosperity Joint-Stock Commercial Bank (VP Bank) is a provider of personal and commercial banking services. The bank offers its services based on four pillars, retail banking, consumer credit, household banking, and small and medium enterprises credit services. Its portfolio of loans comprises personal, mortgage, consumer and business loans, insurance products which include health, life, and card holder insurance, and deposit products such as current, and term deposits, It also provides debit, credit, and business card products; digital banking services, promotions, money exchange, financing, wire transfers, settlement services, trade finance, remittances, and guarantees. VP Bank is headquartered in Hanoi, Vietnam.
Headquarters
Vietnam
Address
89 Lang Ha, Dong Da, Hanoi
Website
www.vpbank.com.vn
Telephone
84 4 39288869
No of Employees
29,104
Industry
Financial Services
Ticker Symbol & Exchange
VPB (HCM)
Revenue (2023)
$3.8B
4.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
7.9%
(2023 vs 2022)
Market Cap*
$4.8B
Net Profit Margin (2022)
XYZ
3.1%
(2023 vs 2022)
* As of and is in US$
Vietnam Prosperity Joint-Stock Commercial Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Retail Banking | VPBank |
| Savings | Consumer Finance | |
| Payment | Household Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In February, the company in collaboration with JCB International Card Organization to launch a new line of credit cards VPBank JCB Z Card exclusively for Gen Z customers. |
| 2022 | Contracts/Agreements | In October, VPBank cooperated with CARE to "light the fire" for female-owned businesses. |
| 2022 | Corporate Awards | In October, the company was awarded "Vietnam House of The Year 2022" in the field of Risk Management by Asia Risk Magazine. |
Competitor Comparison
| Key Parameters | Vietnam Prosperity Joint-Stock Commercial Bank | Joint Stock Commercial Bank for Investment and Development of Vietnam | Vietnam Technological and Commercial Joint Stock Bank | Vietnam International Commercial Joint Stock Bank | Tien Phong Commercial Joint Stock Bank |
|---|---|---|---|---|---|
| Headquarters | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |
| City | Hanoi | Hanoi | Hanoi | Ho Chi Minh | Hanoi |
| No. of Employees | 29,104 | 27,881 | 12,047 | 11,340 | 8,968 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ngo Chi Dzung | Chairman | Executive Board | - | - |
| Bui Hai Quan | Vice Chairman | Executive Board | - | - |
| Lo Bang Giang | Vice Chairman | Executive Board | - | - |
| Nguyen Duc Vinh | Chief Executive Officer; Director | Executive Board | - | - |
| Le Hoang Khanh An | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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