Vietnam Prosperity Joint Stock Commercial Bank (VPBank) Overview
Pro stress-test →VPBank is a Vietnamese commercial bank based in Hanoi, operating around 250 branches nationwide and standing as the largest private commercial bank in Vietnam in terms of total assets (exceeding $40 billion as of H1 2025). The bank serves more than 30 million customers across diverse segments.
Strategic Profile
Pro stress-test →VPBank's core business spans private banking, SME financing, corporate banking, consumer loans, and asset management, while operating FE Credit (a major consumer credit provider) and VPBank Securities. In early 2025, VPBank took over insolvent GPBank on instructions from the Vietnamese central bank, demonstrating its systemic importance and role in industry consolidation.
Competitive Landscape
Pro stress-test →VPBank is now one of the most important banks in Vietnam, competing with state-owned banks (Vietcombank, Agribank, BIDV) and other private banks in the Vietnamese banking sector. The bank leverages scale advantages, diversified subsidiaries (FE Credit, VPBank Securities), and extensive branch network to maintain competitive positioning in Vietnam's growing retail and corporate banking markets.
Industry Context
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) operates in Banking & Financial Services.
Key facts
Founded: 1993 · Headquarters: Hanoi, Vietnam · Employees: 27,428 · Revenue: $5.0B · Market cap: $8.7B