Press Releases

Following the support package implemented at the beginning of the Covid-19 epidemic, VPBank has just announced the second package with interest rate reduction of up to 2% for small and medium enterprises (SMEs). The program is applicable to both current and new customers who need to borrow at VPBank.

Implementing the Directive No. 16 / CT-TTg of the Prime Minister on urgent measures to prevent and control Covid-19, VPBank would like to inform the adjustment of working schedule at some branches and transaction offices nationwide

From March 23rd to the end of May 31st, 2020, VPBank and AIA Vietnam applied special policies to support customers during the Covid-19 pandemic.

In response to the Government's policy of limiting crowds to minimize the risk of Covid-19 disease, VPBank would like to announce the adjustment of the working schedule of branches and transaction offices nationwide.

In the light of complicated situation of the Covid-19 epidemic, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and its subsidiary company, FE Credit, have decided to donate VND 15 billion to prevent and reduce losses from the pandemic.

 

VPBank has just announced that it has completed the last pillar of Basel II - Internal Capital Adequacy Assessment Process (ICAAP). Along with the implementation of the two previous pillars, this pillar was also completed by VPBank one year earlier than required by SBV and half a year after VPBank had officially approved by the SBV for early application of Circular No. 41 (Basel II). With this result, VPBank is one of the pioneers in completing Basel II in Vietnam market.

VPBank's ranking has increased by nearly 100 levels, making it one of the Top 300 most valuable banking brands in the world, while maintaining its position as the strongest brand private bank in Vietnam.

Considering the impacts of Coronavirus and responding to the State Bank’s documents, VPBank immediate takes actions to support enterprises in difficult time.

Today Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced its record consolidated profit before tax of VND10,334 billion for 2019, exceeding the target by 9% and up 12.3% year over year.

VPBank announces today that it has redeemed all VAMC bonds ahead of schedule, setting stage for a rise in profits in the upcoming years.

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