LienVietPostBank to change name, raise charter capital to $1.22 bln

LienVietPostBank to change name, raise charter capital to $1.22 bln

Private Vietnamese lender LienVietPostBank plans to change its name to LPBank and increase its charter capital to VND28.68 trillion ($1.22 billion).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

LienVietPostBank general director resigns

LienVietPostBank general director resigns

Pham Doan Son, general director of LienVietPostBank, has resigned "for personal reasons", after 15 years at the position.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

140 million LienVietPostBank shares to be auctioned

140 million LienVietPostBank shares to be auctioned

Vietnam Post (VNPost) will auction more than 140.5 million LienVietPostBank shares on April 21, with a starting price of VND22,908 ($0.97) per unit.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

LienVietPostBank implements Basel III, IFRS 9

LienVietPostBank implements Basel III, IFRS 9

LienVietPostBank has announced the complete implementation of Basel III risk management standards and the International Financial Reporting Standards 9 (IFRS 9), becoming one of the few banks in Vietnam to apply both protocols.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

LienVietPostBank set to issue $83 mln worth of bonds

LienVietPostBank set to issue $83 mln worth of bonds

LienVietPostBank will offer 19.5 million bonds with a face value of VND100,000 ($4.25) per bond to the public for the proceeds totaling VND1,950 billion, or $82.72 million.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

LienVietPostBank welcomes new chairman

LienVietPostBank welcomes new chairman

Nguyen Duc Thuy has been appointed by LienVietPostBank as chairman from December 12, replacing Huynh Ngoc Huy who resigned for personal reasons.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Post to divest entirely from LienVietPostBank

Vietnam Post to divest entirely from LienVietPostBank

Vietnam Post (VNPost), as approved by the central bank, will divest all 122 million shares or a 10.15% stake of LienVietPostBank (LPB).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

LienVietPostBank, Dai-ichi Life Vietnam ink 15-year bancassurance deal

LienVietPostBank, Dai-ichi Life Vietnam ink 15-year bancassurance deal

Dai-ichi Life Vietnam and LienVietPostBank signed a 15-year exclusive bancassurance partnership agreement Tuesday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7