Viet Nam Prosperity Bank (VPBank) will target to be listed among the most valuable banks in Viet Nam by 2022, according to the bank’s CEO, Nguyen Duc Vinh.

He said that the bank was striving to fulfil its vision of becoming one of the most friendly banks to customers by putting into use technology.

Vinh said VPBank would implement its six key development plans during 2018-22. This is expected to result in outstanding growth in current sale channels, bring in new growth momentum, expand strategic relationships, achieve redesigning and digitalisation for customers, and lead to a healthy and effective organisation to attract talented people.

Last year, VPBank’s pre-tax profit was VND7.5 trillion (US$329 million), up 10 per cent from its target. Its profit in 2017 also rose by 50 per cent from VND4.9 trillion in 2016. — VNS