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Lien Viet Post Joint Stock Commercial Bank Unveils New Brand Identity, Poised for Transformative Journey

LPBank is a Joint Stock Commercial Bank in Vietnam, officially known as Lien Viet Post Joint Stock Commercial Bank. It was licensed by the State Bank of Vietnam on March 28, 2008. Currently, with a charter capital of VND 25,576 billion and a vast network of over 1,200 transaction points covering all 63 provinces and cities nationwide, LPBank is one of the largest joint stock commercial banks in Vietnam.

LPBank là một trong các ngân hàng TMCP lớn nhất tại Việt Nam

1. Overview of Lien Viet Post Joint Stock Commercial Bank LPBank

On May 12, 2023, the State Bank of Vietnam issued Decision No. 899/QĐ-NHNN, permitting the Lien Viet Post Joint Stock Commercial Bank to change its English abbreviation to LPBank (pronounced: /el – pi – baŋk/). This is a significant event for the Bank, as the new abbreviation – LPBank – aligns with the current trend among banks towards the shortest possible, easy-to-read, and easy-to-remember abbreviations.

The change of name and brand identity of LPBank marks a period of transformation, a comprehensive and strong change towards a new stage with the goal of becoming a leading retail bank in Vietnam. In the near future, LPBank will continue to comprehensively change its logo system and brand identity to synchronize services, products, and enhance customer experience.

After more than 15 years of formation and development, LPBank has grown steadily, affirming its position in the financial and banking market and becoming one of the joint stock commercial banks with an extensive network of over 1,200 transaction points across the country.

2. Financial Products and Services at LPBank

LPBank offers a wide range of financial products and services for both individual and corporate customers.

For Individual Customers:

Current Accounts: Including vanity accounts, online payment accounts, personal savings accounts, regular current accounts, dual-currency accounts.
Savings: LPBank offers a variety of forms such as retirement savings, step-up savings, future savings, regular savings, online savings, odd day term savings, priority savings account.
Loans: Provide loans for short-term production and business or installments, loans for production and business of consumer goods, home loans, car loans for individual customers, unsecured consumer loans – personal credit, secured consumer loans, loans for agricultural and rural development, retirement credit, and more.
Insurance: Car insurance, home insurance, personal health insurance.
Cards: LPBank offers various cards aimed at promoting cashless payments with numerous benefits such as credit cards, prepaid cards, and debit cards.
Additionally, there are services such as electronic banking, LienViet24h digital banking, insurance, domestic payment services, international money transfers, and foreign exchange services.

For Corporate Customers:

Current Accounts: Including direct foreign investment capital accounts in Vietnam, current accounts, indirect investment capital accounts, special purpose credit accounts and special purpose debit accounts.
Deposits: Including regular deposits, auto-investment term deposit, odd-term deposits, prosperity-preserved deposit, step-up deposits, margin deposit.
Loans: Offering granting short-term credit lines to economic institutional customers, loans for planting and caring for macadamia trees, financial support commitment, refinancing for customers, loans for agricultural and rural development, car loan for legal customers, loan in VND with USD interest rate, product package providing credit for construction contractors with payment sources from the state budget/ODA, loans for agricultural and rural development, loans for macadamia seedlings, loans for macadamia nut purchasing and processing.
Insurance: Car insurance, house insurance, health insurance for corporate customers.
Cards: Debit cards, credit cards and ATM/POS services.
In addition, LPBank offers many other services such as e-banking, trade finance, domestic payment services, and international payment services.

Contact Information: Lien Viet Post Joint Stock Commercial Bank LPBank

Website: https://lpbank.com.vn/
Headquarters: LPB Tower, No. 210 Tran Quang Khai, Trang Tien Ward, Hoan Kiem District, Hanoi
Operating Hours: Monday – Friday (8:00 AM – 12:00 PM, 1:00 PM – 5:00 PM)
Phone: 024 62 668 668 / 1800 577 758
Slogan: The People’s Bank
Established: March 28, 2008
Registration Number: 6300048368
Leadership: Nguyen Duc Thuy – Chairman of the Board of Directors; Ho Nam Tien – General Director
Charter capital (2023): VND 25,576 billion
Email: [email protected]
Facebook: https://www.facebook.com/LPBankFanpage/
LinkedIn: https://www.linkedin.com/company/lpbank/
YouTube: https://www.youtube.com/@nganhangbuudienlienviet

 

Media Contact
Company Name: Lien Viet Post Joint Stock Commercial Bank LPBank
Contact Person: Media Relations
Email: [email protected]
Country: Vietnam
Website: https://lpbank.com.vn/

 

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