LPBank gets green light to raise charter capital to $1.22 billion

LPBank gets green light to raise charter capital to $1.22 billion

Vietnam’s LPBank, formerly known as LienVietPostBank, has received approval from the central bank to raise its charter capital from VND11.39 trillion to VND28.68 trillion ($1.22 billion).

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

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

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