Fortune Vietnam Joint Stock Commercial Bank or LPBank (LPBank)
Chairman
Mr Nguyen Duc Thuy
CEO
Mr Ho Nam Tien
Authorized capital
Head Office
LPB Tower, 210 Tran Quang Khai Street, Hoan Kiem District, Hanoi, Vietnam
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Fortune Vietnam Joint Stock Commercial Bank or LPBank, formerly known as LienVietPostBank and LienVietBank, operates under Banking License No. 91/GP-NHNN issued by the Governor of the State Bank of Vietnam dated 28th March 2008.
In 2011, Vietnam Post Corporation (VNPost) contributed capital to the LienVietBank with the value of the Postal Savings Service Company (VPSC) and in cash, LienVietBank was approved by the Prime Minister and Governor of the State Bank of Vietnam to change its name to Lien Viet Post Joint Stock Commercial Bank.
Along with this name change, Vietnam Post Corporation officially became the largest shareholder of the bank.
Currently, with the chartered capital of VND25,576 billion (USD1.05 billion) and a nationwide network, LPBank is one of the largest joint stock commercial banks in Vietnam.
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