VPBank climbs 10 places in Fortune Southeast Asia 500 ranking

According to the recently released Fortune Southeast Asia 500 ranking in 2026, VPBank has advanced 10 places to 77th position among the 500 largest companies in Southeast Asia, marking its third consecutive year on the prestigious list. The achievement reflects the bank’s continued progress in scale, operational efficiency, and its increasingly prominent position within the regional financial landscape.

The Fortune Southeast Asia 500 is an annual ranking that recognizes the region’s 500 largest companies based on revenue generated in the previous fiscal year. In 2026, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) secured its place on the list for the third consecutive year, moving up from 87th to 77th position.

This advancement underscores VPBank’s sustained growth in business scale, financial strength, and operating performance, while reaffirming its rising profile both regionally and internationally. Being ranked alongside leading Southeast Asian financial institutions such as DBS, UOB and OCBC of Singapore, Kasikornbank and Bangkok Bank of Thailand, Maybank of Malaysia, as well as Vietnam’s major state-owned banks, demonstrates VPBank’s growing competitiveness and expanding presence across the regional financial map.

VPBank’s higher ranking in the Fortune Southeast Asia 500 was supported by strong growth in both scale and operational efficiency despite ongoing market challenges and uncertainties. According to Fortune, VPBank recorded revenue of more than USD 4.9 billion in 2025, representing an 18.9% year-on-year increase. Profit after tax exceeded USD 922 million, up 46.5% compared with the previous year, reflecting strong business performance across the parent bank and member companies within its ecosystem. As of the end of 2025, VPBank’s total assets stood at nearly USD 48 billion.

"This achievement not only reinforces VPBank’s competitiveness and solid standing within Vietnam’s and Southeast Asia’s financial landscape, but also reflects the effectiveness of our strategy to build a differentiated and expanded ecosystem that comprehensively serves the financial needs of more than 30 million customers," a VPBank representative said.

Growth driven by a distinct and expanding ecosystem

Over more than three decades of development, VPBank has continuously expanded its scale and enhanced its competitiveness, gradually transforming into a financial group built on a distinct and expanding ecosystem. This transformation has been supported by a group operating model, a strong financial foundation, and the strategic partnership of Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s and the world’s leading financial groups.

With the parent bank serving as the strategic, technological, and risk management hub, VPBank has developed a comprehensive financial ecosystem encompassing VPBankS, FE CREDIT, OPES, and GPBank, enabling the Group to address the full spectrum of financial needs of more than 30 million customers.

To further expand its ecosystem and capitalize on emerging growth opportunities, VPBank is extending its presence into digital assets through the establishment of Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX). The bank also plans to add new business pillars, including life insurance and asset management, to complete its financial solutions value chain and better support customers’ long-term savings, protection, and investment needs.

VPBank’s strong financial foundation and the synergies generated by its ecosystem continued to drive growth in 2026. In the first quarter, despite persistent global uncertainties, the Group recorded consolidated profit before tax of more than VND 7.9 trillion, representing a 58% increase year-on-year. Business scale continued to expand, with consolidated total assets exceeding VND 1.37 quadrillion, up 9% from year-end 2025. Consolidated credit to customers and customer deposits and valuable papers increased by 10.2% and 11.8%, respectively.

These results provide a solid foundation for VPBank to pursue its 2026 growth objectives, including a target of VND 41.323 trillion in consolidated profit before tax, representing a 35% increase compared with the previous year. At the same time, the bank plans to strengthen its financial capacity by increasing charter capital to over VND 106 trillion, further solidifying its position among the largest banks in Vietnam by capital size.

Alongside business growth, VPBank remains committed to sustainable development. By the end of 2025, the bank’s green finance portfolio reached approximately VND 39 trillion, representing a 78% year-on-year increase.

Beyond creating financial prosperity, VPBank also seeks to enrich community life and experiences through world-class cultural, sports, and entertainment initiatives. Throughout 2025, the bank partnered with a series of major events, including VPBank K-Star Spark in Vietnam, two nights of G-Dragon 2025 World Tour [Übermensch] in Hanoi presented by VPBank, prestigious classical music performances such as The Vienna Concert 2025, large-scale marathons, and numerous art exhibitions.

About VPBank:

Vietnam Prosperity Joint Stock Commercial Bank (VPBank; HoSE: VPB) is the largest private bank in Vietnam and ranks 77th among the 500 largest companies in Southeast Asia in the Fortune Southeast Asia 500 ranking.

VPBank operates a distinct and expanding ecosystem spanning banking, consumer finance, securities, and insurance, supported by its strategic shareholder SMBC. Together, the ecosystem serves more than 30 million customers. Guided by its mission of pioneering innovation to elevate financial services and create sustainable prosperity for customers, shareholders, communities, and society, VPBank aspires to secure a position among the top 3 banks in Vietnam and the top 100 banks in Asia.