Sept 18, 2023: LPBank honored one of Vietnam’s 50 Best-performing companies and billion-dollar enterprise in 2023

LPBank winning the “double” awards of one of Vietnam’s 50 Best Performing Companies (TOP50) and Billion Dollar Enterprise in 2023 once again affirms business performance, comprehensive development capacity and strong position of the Bank in the financial sector.

LPBank ranked 9th among the 50 best-performing companies in Vietnam.

On September 16, 2023, the Ranking of 50 best-performing companies jointly conducted by Nhip Cau Dau Tu Magazine and Thien Viet Securities Company honored Lien Viet Post Joint Stock Commercial Bank (LPBank) in two categories: Top 50 Best-performing companies in Vietnam and Billion Dollar Enterprise in 2023.

Top 50 is a valuable and prestigious ranking received counsel from leading economists and business experts from Harvard Business School, referenced from prestigious world rankings to find  and honor companies doing business effectively on the Vietnamese stock market. The ranking’s results are implemented on the basis of measuring the business results of companies for 3 consecutive years, based on 3 growth indicators: revenue, return on equity (ROE) and earning per share (EPS).

This result is a proof of the Bank’s efforts in strong transformation strategy to maximize value for customers and shareholders.

In the recent years, overcoming the difficulties of the economy, LPBank has proactively implemented solutions to reduce operating costs and promote digital transformation to streamline processes and lending procedures, thereby bringing high quality products and services. As of June 30, 2023, the Bank’s charter capital has reached 17,291 billion VND, total assets exceeded 350,000 billion VND, and is one of the largest joint stock commercial banks in Vietnam with a large network covering 63 provinces and cities.

Mr. Huynh Ngoc Huy – Member of the Board of Directors of LPBank receiving a medal from the Organizing Committee.

The award given by Nhip Cau Dau Tu Magazine is an addition to the diversed collection of prestigious domestic and international awards that LPBank has received during 15 years of establishment and development.

Recently, LPBank was honored in the Top 100 most valuable brands in Vietnam 2023 ranking organized by Brand Finance, showing the Bank’s strong progress after a comprehensive innovation process, strong investment in technology and human resources, products and service quality, bringing outstanding values to customers and partners.