Skip to main content

INTRODUCTION

Lien Viet Post Joint Stock Commercial Bank or LienVietPostBank, formerly known as LienVietBank, is established under Operation License No. 91/GP-NHNN on 28th March 2008 issued by the Governor of the State Bank of Vietnam. LienVietPostBank is a private Vietnamese retail bank providing banking products and services through its own transaction offices across 51 cities and provinces and 1,029 postal transaction offices nationwide.

LienVietPostBank is considered to be in the top 10 biggest private banks in terms of assets and equity, in the list of Top 100 Vietnam strong brands 2014 (for 4 years consecutively) and ranked 45th in VNR500 - Top 500 largest private companies in Vietnam in 2014.

In July 2011, Vietnam Post Corporation (VNPost) became the Bank’s biggest shareholder by contributing capital to the Bank equal to the value of the Vietnam Postal Saving Service Company (VPSC) and in cash. This merger was one of the most notable M&A events in Vietnam at that time and was a milestone in the development of the Bank. The Bank then changed its name to Lien Viet Post Joint Stock Commercial Bank and became the first Postal Bank in Vietnam.

Besides, LienVietPostBank and VNPost signed a 50-year-co-operation agreement which allows LienVietPostBank to be an exclusive bank in providing postal saving services and other banking services throughout the network of more than 10,000 post offices of VNPost. This gives LienVietPostBank the opportunity to be present in 63 cities and provinces with 90% coverage at communal level around the country and take advantage of the huge customer base of more than 400,000 individual clients.

The Bank is striving to become a leading retail and universal bank in Vietnam -“A bank for everyone”- by focusing on providing banking products and services for individuals, households and small and medium enterprises (SMEs) especially in the agriculture sector, and expanding its activities to rural and remote areas via the post office network.

HISTORY

MAJOR SHAREHOLDERS

1. Him Lam Joint Stock Company (14.98%)
2. Vietnam Post Corporation (VNPost, 12.54%).


BUSINESS PARTNERS

 

VietnamPost Corporation

www.vnpost.vn

 

Vietnam Bank for Agriculture and Rural Development (Agribank)

www.agribank.com.vn

 

French La Poste Group

www.laposte.fr

 

World Savings and Retail Banking Institute (WSBI)

www.savings-banks.org

 

Oracle Financial Services Software Limited

www.oracle.com

 

World Bank and International Finance Corporation (IFC)

www.ifc.org

 

The Netherlands Development Finance Company (FMO)

www.fmo.nl

 

Asian Development Bank (ADB)

www.adb.org

 

Japan International Cooperation Agency (JICA)

www.jica.go.jp

 

Wells Fargo

www.wellsfargo.com

 

JP Morgan Chase

www.jpmorganchase.com

 

Credit Suisse

www.credit-suisse.com

 

Societe Generale

www.societegenerale.fr

 

Nomura Holdings

www.nomuraholdings.com

 

The Export – Import Bank of the Republic of China (Eximbank Taiwan)

www.eximbank.com.tw


MISSION
To offer customers and society a wide range of products and services with excellent quality; To create maximum benefits for the Bank and the Society.

VISION
To become a leading retail bank in Vietnam – A bank for everyone.

BUSINESS STRATEGY
To be a retail and universal bank.

CORE VALUES

Discipline, creativity and humanit

BUSINESS PHILOSOPHY
3 core concepts:
- Without People, the project is meaningless;
- Without Client, the Bank is purposeless;
- Without Conscience, Reputation, Talent and Vision, LienVietPostBank is useless.
Shareholders: are the foundations of the Bank.
Customers: are the benefactors of the Banks.
Employees: are the strength of the Bank.
Partners: are the companions of the Bank.
Products and services: continuously to be innovated to offer what customers need instead of what the Bank has.
Business awareness: fully comply with laws and regulations; integrate business and society.