“LPBank Gifts 300 Bikes to Underprivileged Students for the New School Year”

On the occasion of the new school year, LPBank presented 300 bicycles to 300 deserving students facing financial difficulties in Phu Tho province. This thoughtful gift not only serves as a practical means of transportation but also encourages and inspires a spirit of learning and academic perseverance from the very beginning of the school year. This meaningful initiative is part of the VTV LPBank International Marathon 2025, with LPBank as the main partner, seamlessly blending a passion for sports with social responsibility.

On September 5, 2025, at Lam Son Primary and Secondary School in Luong Son, Phu Tho, the Organizing Committee of the marathon directly presented the first 20 bicycles to students in need. The sound of the school bell rang out, mingling with the happy smiles of the students who received the gifts, making the opening ceremony even more memorable. These bicycles will shorten the journey to school, marking the beginning of new journeys filled with hope.

Attending the opening ceremony were Mr. Nguyen Khac Hieu, Vice Chairman of the Provincial People’s Committee of Phu Tho; Mr. Phan Ngoc Tien, Head of Sports Department of Vietnam Television, Head of the Organizing Committee of the VTV LPBank International Marathon 2025; and Mr. Ho Nam Tien, Vice Chairman of LPBank’s Board of Directors. Speaking at the event, Mr. Ho Nam Tien affirmed: “Investing in education is investing in the future of the country. We hope that today’s bicycles will become faithful companions, giving the students the strength and determination to strive in their studies.”

Nurturing Green Shoots for Education

This bicycle donation continues LPBank’s long-standing commitment to promoting education in Phu Tho. The bank founded the Khuyen Hoc, Khuyen Tai Dat To (Encouraging Learning and Talent) Scholarship Fund and has been a dedicated partner of the annual recognition program since 2011. Specifically, in 2024, the “Chapping Dreams – Honoring Encouragement of Learning and Talent in the Land of Ancestors” program honored more than 600 outstanding students and athletes and awarded 300 scholarships worth over VND 2 billion.

Beyond education, LPBank has demonstrated its spirit of sharing and community engagement in various other initiatives. After Typhoon Yagi, the bank promptly provided 312 relief packages to support flood-affected families in Ha Hoa district (now Ha Hoa commune), helping them restore their lives.

Over 17 Years of “Integrating Social Responsibility into Business”

LPBank’s dedication to the community is not limited to Phu Tho. For more than 17 years, the bank has allocated over VND 3,566 billion to social welfare activities, focusing on five strategic pillars: Education and Training, Healthcare, Culture and Sports, Social Security, and Supporting the Development of Poor Provinces. In the field of Education and Training, LPBank has supported the construction of more than 280 national standard schools and established 15 Encouragement of Learning and Talent Funds. In other areas, LPBank has been a pioneer in social security activities, contributing over VND 150 billion to the movement to eradicate temporary housing. The bank has helped build more than 2,500 permanent houses for poor households in Dak Lak, Ha Giang, and Thai Nguyen; supported the construction of the Martyrs’ Temple at the Dien Bien Phu Battlefield; and served as the main sponsor of the Vietnam National Football Championship for the top-flight clubs – V.League 1, and numerous other major sporting events.

These relentless efforts have been recognized with a Certificate of Merit from the Prime Minister for LPBank’s outstanding contributions to the community. From providing bicycles to support underprivileged students in the midlands of Phu Tho to building modern schools across the country, LPBank is solidifying its role as a pioneering financial institution that not only pursues sustainable business growth but also steadfastly accompanies the community, fostering a humane and progressive society.