Vietnam Prosperity Joint-Stock Commercial Bank - Company Profile
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Vietnam Prosperity Joint-Stock Commercial Bank (VP Bank) offers retail and commercial banking and other financial solutions. Capital adequacy, increase in non-interest income, and product and services portfolio are a few of its key strengths, even as its cost efficiency could be an area for concern. However, growing cards and payments channels in Vietnam, strategic initiatives, and the emergence of FinTech may provide new opportunities to the bank. Risks related to online identity theft and hacking, litigation risks, and the emergence of neobanks may affect the bank’s business performance.
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