LPBank Shines Among Vietnam’s Top 50 Outstanding Enterprises 2025

Surpassing stringent criteria in revenue scale, business efficiency, and management capabilities, Loc Phat Bank Vietnam (LPBank) has been honored in the Top 50 Outstanding Vietnamese Enterprises in 2025 (Top 50 Vietnam The Best).

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On January 8, 2025, the Vietnam Report, in collaboration with VietnamNet, hosted the Vietnam The Best Top 50 Awards ceremony. This prestigious event honored the 50 Vietnamese enterprises with the highest revenue, consistently maintaining stable and sustainable business performance throughout 2024-2025.

LPBank’s inclusion in the Vietnam The Best Top 50 not only highlights its robust financial health but also underscores its sustainable growth prospects. This recognition firmly establishes LPBank as a leading representative of Vietnam’s business community.

Breakthrough in Position and Core Strength

At the Vietnam The Best Top 50 Awards, LPBank secured the 17th position overall and 8th among banks. This achievement is particularly significant amidst a volatile financial market, demonstrating the bank’s agile adaptability and effective risk management strategies.

The award recognizes LPBank’s agile adaptability and robust risk management capabilities.

According to the Q3 2025 financial report, LPBank’s pre-tax profit reached a record high of 9,612 billion VND, a 9% increase year-on-year. Total assets as of September 30, 2025, surpassed 539 trillion VND, reflecting an 18.3% growth compared to the same period last year and more than doubling in just four years. Additionally, the successful integration of artificial intelligence (AI) and digital transformation has optimized operational costs, reducing the cost-to-income ratio (CIR) to 28.31%—one of the lowest in the industry.

Reflecting on LPBank’s inaugural appearance in the Vietnam The Best Top 50, Mr. Ho Nam Tien, Chairman of the Board, stated, “This achievement is the result of a comprehensive restructuring strategy and the collective effort of our entire system. LPBank remains committed to leveraging technology, adhering to international risk management standards, and prioritizing customer and shareholder interests in every decision. This recognition will inspire us to continue creating sustainable value for our community and nation.”

Creating Sustainable Value, Aiming for Global Reach

LPBank’s financial strength and reputation have been further validated by positive evaluations from international rating agencies and prestigious awards. Recently, Moody’s upgraded LPBank’s Long-term Deposit and Issuer ratings to Ba3 with a Stable outlook, while also raising its Baseline Credit Assessment (BCA) to B1.

2025 has been a landmark year for LPBank, marked by a series of distinguished awards: Vietnam’s Most Efficient Bank, Asia’s Responsible Enterprise, Top 7 Private Commercial Banks, and Top 10 Most Profitable Private Enterprises in Vietnam. These accolades highlight LPBank’s alignment with international standards in operational efficiency, governance, and service quality.

As LPBank celebrates its 18th anniversary in 2026, its debut in the Vietnam The Best Top 50 marks a pivotal milestone, ushering in a new era of long-term vision and ambition. With a solid financial foundation and strengthened position, LPBank is poised to pursue its mission of safe, efficient, and sustainable growth. The bank aims to become a leading retail bank and a trusted financial partner, offering internationally competitive products and services that enhance the quality of life for Vietnamese citizens and drive the nation’s digital economy forward.

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