VPBank ranks first among Vietnam’s private banks in Forbes Global 2000

Making its third consecutive appearance in Forbes Global 2000, VPBank ranked 1,373rd in 2026, climbing 257 places from the previous year. The result reflects the bank’s strong growth in scale, financial strength and operating performance and mark the first time VPBank has become the highest-ranking private joint-stock commercial bank in Vietnam in Forbes Global 2000.

According to newly released Forbes Global 2000 ranking, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank; HoSE: VPB) has once again been named among the world’s 2,000 largest public companies, marking its third consecutive appearance in the prestigious ranking.                                 

VPBank ranked 1,373rd in 2026, climbing 257 places from 1,630th in 2025 and representing a significant improvement from its debut ranking of 1,998th in 2024. Notably, this year VPBank became the highest ranked private commercial bank in Vietnam in Forbes Global 2000.                                         

Launched in 2003, Forbes Global 2000 is one of the world’s most prestigious, comprehensive and influential corporate rankings. Unlike rankings focused on individual countries or regions, Forbes Global 2000 evaluates and ranks public companies worldwide based on four criteria: Sales, profits, assets, market value. The 2026 ranking draws on financial data for the most recent 12-month period available as of May 15, 2026.                                                                   

Sharing Forbes Global 2000 ranking with financial institutions that have shaped the industry for more than a century and represent the world’s leading economies, including the United States (JPMorgan, Bank of America, Citigroup, Wells Fargo), China (ICBC, China Construction Bank), Europe (HSBC, Santander, BNP Paribas) and Japan (SMBC, Mitsubishi UFJ Financial Group) underscores VPBank’s growing standing on the international stage.                                                                                                                     

Earlier this year, VPBank also made its third consecutive appearance in Fortune Southeast Asia 500, climbing 10 places to 77th­ in the 2026 ranking.              

“VPBank’s continued rise in prestigious regional and global rankings reflects the bank’s commitment to pursuing sustainable growth and continuously advancing its financial capabilities, governance and talent. It also motivates us to keep creating sustainable value for our shareholders, customers, partners and the community,” a VPBank representative said.          

Strong fundamentals, ready for a new phase of growth  

VPBank’s significant improvement in Forbes Global 2000 ranking comes as the bank concludes its 2022-2026 development strategy and prepares for its next phase of growth from 2026 to 2030.                                   

The 2022-2026 period saw a breakthrough phase in VPBank’s development, with significant progress in scale, financial strength and operating model. The sale of a 15% equity stake to strategic shareholder Sumitomo Mitsui Banking Corporation (SMBC) established a strong capital base, enabling the bank to join the industry’s leading players and providing momentum to expand its financial ecosystem to better serve the evolving needs of more than 30 million customers.                                                        

Building on this gains, VPBank has continued to develop its distinct and expanding ecosystem with the addition of new members such as VPBankS, GPBank and, most recently, CAEX, alongside existing subsidiaries including FE CREDIT and OPES.                             

As VPBank enters its next five-year phase (2026-2030), the bank aims to substantially expand its scale of operations and sustain strong growth on the foundation of sustainable development. At the core of its strategy is a balanced approach that combines “rapid expansion” with “quality-led growth” by broadening its business footprint, reinforcing risk management capabilities, optimizing operational efficiency and enhancing its long-term competitiveness.                                                   

To achieve these ambitions, VPBank will continue implementing its group-wide governance and strategy execution model, maximizing ecosystem synergies between the bank and its subsidiaries and expanding strategic partnerships. Through these efforts, VPBank seeks to become customers’ first choice for every financial need by delivering a comprehensive financial ecosystem and increasingly simple, seamless and personalized experiences powered by artificial intelligence (AI).                  

About VPBank: 

Vietnam Prosperity Joint-Stock Commercial Bank (VPBank; HoSE: VPB) is Vietnam’s largest private bank, ranked 1,373rd in Forbes’s Global 2000 list of the world’s largest companies and 77th in Fortune’s Southeast Asia 500 ranking of the region’s largest enterprises.                              

VPBank has a differentiated and expanding ecosystem spanning banking, comsumer finance, securities and insurance, supported by its strategic shareholder SMBC, enabling the bank to meet the diverse needs of more than 30 million customers. Guided by its mission to pioneer innovation, elevate the quality of financial services and create sustainable prosperity for customers, shareholders, communities and society, VPBank aspires to secure a strong position among Vietnam’s top three banks and Asia’s top 100.