Lien Viet Post Joint Stock Commercial Bank was officially given approval from the State Bank of Viet Nam to change its abbreviation name from LienVietPostBank to LPBank.
The transfer of VNPost''s capital at LienVietPostBank aims to implement the Government''s direction on restructuring Vietnam Post''s capital contribution in the banking and insurance sectors.
The State Bank of Viet Nam has approved the 2020 dividend payout plan of Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank or LPB), at the rate of 12 per cent in shares.
Bank stock prices have witnessed a dramatic increase since the end of March after plenty of banks announced positive first-quarter business results, as well as news on rising mergers and acquisitions (M&A).
LienVietPostBank has issued five-year bonds worth VND1.5 trillion (US$65.2 million) under the form of private placement with the fixed interest rate of 6.5 per cent annually.
The Ho Chi Minh Stock Exchange (HoSE) on Monday officially opened the first trading session for nearly 977 million shares of LienVietPostBank, listed with code LPB.
LienVietPostBank on Thursday in Ha Noi officially launched its digital banking app LienViet24 with an aim to bring new experiences and benefits to customers.
LienVietPostBank will become the first bank to complete the transfer of its LPB shares from the unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) this year, followed by ACB, VIB and SHB.
LienVietPostBank has said it will complete the transfer of its LPB shares from the unlisted Public Company Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) in the fourth quarter of this year.
LienVietPostBank and BC Card - the largest credit card network in South Korea on Monday in Ha Noi signed a memorandum of understanding (MoU) for co-operation to promote non-cash payment in Viet Nam.
Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank) and the People’s Committee of Bac Ninh Province have signed a cooperation agreement in building e-government and smart cities in the province.