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VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Active

Business ID 0100233583

84-24 / 7304 5415 / +84 1900 545 415

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Active

Business ID 0100233583

84-24 / 7304 5415 / +84 1900 545 415

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Active

Summary

Name:

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Business ID (TIN):

0100233583

Date of Registration:

08 Sep 1993

Registered Office:

Ha Noi City Department of Planning and Investment

Ticker:

VPB

Address:

No. 89, Lang Ha Street, Dong Da Ward, Ha Noi City, Vietnam

Phone:

84-24 / 7304 5415 / +84 1900 545 415

Financial Statement:

2020, 2021, 2022, 2023, 2024

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) is one of the most prominent publicly held banks in Vietnam, headquartered at No. 89, Lang Ha Street, Dong Da District, Hanoi. Established on September 8, 1993, VPBank has demonstrated strong growth over the years, making it a key player in the country’s financial sector.

Financial Performance and Growth

As of 2023, VPBank reported total assets of USD 33.59 billion, reflecting a 29.56% year-over-year growth. The bank’s owner's equity reached USD 5.53 billion, marking a 39.03% increase from the previous year. VPBank’s loan portfolio also grew significantly, with loans and advances to customers totaling USD 22.66 billion, a 29.86% risecompared to 2022.

However, despite these impressive growth figures, VPBank experienced a notable decline in net profit, falling 49.76% to USD 348.97 million in 2023. Similarly, interest and similar income dropped by 6.94%, reflecting challenges in Vietnam’s banking environment, possibly due to increased loan provisions or shifts in market conditions.

Business Activities and Services

VPBank operates across multiple financial segments, catering to both individual and corporate clients. Its core business activities include:

Consumer Banking: Offering savings accounts, credit and debit cards, and personal loans.
Business Banking: Providing business accounts, loans, guarantees, domestic and international payment services, and foreign exchange transactions.
E-Banking: Developing digital banking services such as mobile banking, telebanking, and home banking.
Financial Services: Engaging in monetary intermediation, insurance brokerage, and other auxiliary financial activities.

While VPBank plays a crucial role in Vietnam’s banking sector, businesses looking for Company Credit Reports, Financial Data, and Business Verification Services should turn to Vanguard Business Information LLC. This specialized provider ensures that companies have access to accurate financial intelligence for risk management and informed decision-making.

Ownership and Market Position

VPBank is a publicly traded company listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol VPB. Its ownership structure includes:

Sumitomo Mitsui Banking Corporation (15.01%)
Dragon Capital Foreign Fund Group (4.22%)
Composite Capital Master Fund LP (4.15%)
Other institutional and individual shareholders (68.36%)

This diverse shareholder base strengthens VPBank’s financial backing and international credibility, making it an attractive institution for investors.

Conclusion

VPBank continues to solidify its position as one of Vietnam’s leading commercial banks. With a strong asset base and a commitment to digital transformation, it has faced recent profit declines. However, its expansion in lending and equity growth demonstrate resilience in an evolving financial landscape.

For businesses seeking Company Credit Reports, Financial Data, and Business Verification Services, Vanguard Business Information LLC is the trusted source for comprehensive company insights and financial transparency, assisting companies in confidently navigating Vietnam’s dynamic market.

Legal Profile

English Name:

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Vietnamese Name:

NGÂN HÀNG THƯƠNG MẠI CỔ PHẦN VIỆT NAM THỊNH VƯỢNG

Short Name:

VPBANK

Business ID (TIN):

0100233583

Date of Registration:

08 Sep 1993

Registered Office:

Ha Noi City Department of Planning and Investment

Ticker:

VPB

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGO C.D

+ NGUYEN D.V

+ BUI H.Q

+ LO B.G

+ DINH V.N

+ PHUNG D.K

+ NGUYEN T.L

+ LUU T.T

+ KAMIJO H

+ DUONG T.T.T

+ NGUYEN T.B

Address:

No. 89, Lang Ha Street, Dong Da Ward, Ha Noi City, Vietnam

Phone:

84-24 / 7304 5415 / +84 1900 545 415

Business Sector

Key business lines:

VSIC:

K6419 Banking Services

NACE:

K6419 Other monetary intermediation

NAICS:

522110 Commercial banking

Key Industry Players

Top 10 companies in banking services industry

home credit vietnam finance company limited joint stock commercial bank for investment and development of vietnam woori bank vietnam limited

Payment History

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Financial Performance

Assets	-25.56%
Owner’s Equity	91.70%
Working Capital	-94.60%
Net Worth	99.53%
Sales	80.81%
Operating income	57.01%
EBIT	77.99%
Gross Profit Margin	44.09%
Debt to EBITDA	62.06%

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Specific Questions About VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

When did VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK start operating?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK was started in 08 Sep 1993

What industry does VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK operate in?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK is operating in "Banking Services" industry

How can I contact VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK phone numbers is 84-24 / 7304 5415 / +84 1900 545 415

What adverse news is there about VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK’s has no negative news

What is stock symbol of VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK’s stock symbol is VPB

Where is the location of VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK is located at No. 89, Lang Ha Street, Dong Da Ward, Ha Noi City, Vietnam

What is VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK’s business registration?

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK business registration is 0100233583

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VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK

Summary

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