VPBank’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

VPBank is a financial institution that provides commercial and personal banking products and services for individuals and businesses. Read more

Nguyen Duc Vinh's photo - CEO of VPBank

CEO

Nguyen Duc Vinh

CEO Approval Rating

88/100

Founded:

1993

Status:

PublicOtherVPBN

Annual Revenue
Employees
Headquarters
Dong Da

TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Sacombank has been one of VPBank's top competitors. Sacombank's headquarters is in District 3, "Ho Chi Minh, and was founded in 1991. Like VPBank, Sacombank also competes in the Banks field. Sacombank generates 38% of VPBank's revenue.

LienVietPostBank is one of VPBank's top rivals. LienVietPostBank is a Private company that was founded in Hoan Kiem, "Ho Chi Minh in 2008. Like VPBank, LienVietPostBank also works within the Banks industry. LienVietPostBank has 14,679 fewer employees vs. VPBank.

OCB is perceived as one of VPBank's biggest rivals. OCB was founded in 1996, and is headquartered in Ben Nghe Ward, "Ho Chi Minh. Like VPBank, OCB also competes in the Banks sector. OCB generates $1.5B less revenue vs. VPBank.

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Is VietinBank a competitor of VPBank?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.6B

VPBank's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 1.7B. Over the last four quarters, VPBank's revenue has decreased by 5.9%. Specifically, in Q2 2020's revenue was $384.3M; in Q1 2020, it was $419.3M; in Q4 2019, it was $434.2M; in Q3 2019, VPBank's revenue was $408.5M.

Acquisitions

No recent acquisitions found related to VPBank

VPBank Funding History

$57M$157M

Since VPBank was founded in 1993, it has participated in 2 rounds of funding. In total VPBank has raised $157.0M. VPBank's last funding round was on Aug 2020 for a total of $100.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$100M

IFC

Convertible Note
Jul 2017
$57M

Total Funding: $157M

Since VPBank was founded in 1993, it has participated in 2 rounds of funding. In total VPBank has raised $157.0M. VPBank's last funding round was on Aug 2020 for a total of $100.0M

Investments

No recent investments found related to VPBank

VPBank News

August 4, 2020DealStreetAsia

IFC provides $140m COVID-19 financing to Vietnam's VPBank, OCB

The loans to the Vietnamese banks are part of IFC's $8 billion COVID-19 financing. The post IFC provi... See more »
July 17, 2020DealStreetAsia

China-backed AIIB approves $100 million loan to Vietnam bank

The loan is part of the AIIB's $10 billion funding facility to help public and private sectors fight ... See more »
June 18, 2020DealStreetAsia

IFC considers extending $150m loan to Vietnamese lender VPBank

The financing aims to support the VPBank's trade-related lending programme to enterprises including S... See more »
May 17, 2020Viet Maz

Banks still register encouraging performance amid COVID-19

VPBank reports encouraging business results in the first quarter in credit growth, revenue, and conso... See more »
February 18, 2020Viet Maz

BE Group and VPBank tie up to roll out payment and financial services

Ride-hailing firm BE Group partners with VPBank to launch payment and financial services beFinancial,... See more »
February 18, 2020Viet Maz

VPBank called to stage for strongest private bank brand in Vietnam

Tran Tuan Viet (middle), director of Media and Marketing Center, VPBank, at the awards ceremony Accor... See more »
January 15, 2020Volanews

IFC extends $213m debt financing for Vietnam's VPBank

The announcement came more than two months after IFC said it was considering a $150 million support t... See more »

VPBank Press Releases

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Headquarters

89 Lang Ha Str

Dong Da, "Ha Noi70000

0243-928-8869

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Summary

ABOUT

Overview

VPBank is a financial institution that provides commercial and personal banking products and services for individuals and businesses. VPBank was founded in 1993. VPBank's headquarters is located in Dong Da, "Ha Noi, VN 70000. It has raised 157.0M in 2...

CEO

VPBank's CEO, Nguyen Duc Vinh, currently has an approval rating of 88%. VPBank's primary competitors are Sacombank, LienVietPostBank & OCB.

Website

vpbank.com.vn

Frequently Asked Questions about VPBank

  1. When was VPBank founded?

    VPBank was founded in 1993
  2. Who is VPBank's CEO?

    VPBank's CEO is Nguyen Duc Vinh
  3. How much revenue does VPBank generate?

    VPBank generates $1.6B in revenue
  4. How much funding does VPBank have?

    VPBank has historically raised $157M in funding
  1. Where is VPBank's headquarters?

    VPBank's headquarters is in Dong Da "Ha Noi, VN
  2. How many employees does VPBank have?

    VPBank has 22,857 employees
  3. What sector does VPBank operate in?

    VPBank is in Banks
  4. Who are VPBank's competitors?

    VPBank's top competitors are Sacombank, LienVietPostBank, OCB