This information was detailed in the Q1/2026 financial report recently released by the entity. As of 31/3, LPBank's outstanding customer loans reached 403,026 billion VND, marking a 2,9% increase compared to the end of 2025 and a 14,4% rise year-on-year. This increase represents approximately 25% of the full-year credit plan, closely aligning with the limits allocated by the State Bank of Vietnam. The results demonstrate the bank's sustained ability to expand credit, with the retail segment continuing to play a key role.

In the first three months, market one mobilization (retail and economic organizations) reached 409,657 billion VND, a slight increase from the end of the previous year and a 17,9% rise year-on-year. Stable capital sources helped the bank maintain liquidity and facilitated cost control amidst persistently high interest rates.

Customers conducting transactions at the bank. Photo: LPBank

Beyond credit growth, LPBank's income structure continued to diversify. Specifically, total operating income in Q1/2026 reached 5,154 billion VND, a 10% increase year-on-year. Net interest income accounted for 3,878 billion VND, an 18% increase, reflecting effective optimization of the loan portfolio and a focus on high-margin retail segments.

Non-interest income streams continued to contribute positively, with net income reaching 1,276 billion VND, comprising approximately 25% of total operating income. Notably, foreign exchange business operations recorded a 252% growth year-on-year, while income from services and fees remained stable, accounting for 13% of total income.

The bank's Q1 profit over the years. Photo: LPBank

According to an assessment report by Vietcap Securities, the increasing proportion of non-interest income is a positive trend, helping banks reduce reliance on credit and move towards a multi-service operating model, enhancing resilience against economic cycle fluctuations.

In the first quarter, LPBank increased its risk provisions. Provisioning costs reached 774 billion VND, a 3,9-fold increase year-on-year. This move indicates a prudent approach to risk management and asset quality reinforcement from the start of the year. The increased provisions also create stable buffers for subsequent quarters.

Bank headquarters. Photo: LPBank

Alongside its business results, LPBank plans to pay a 30% cash dividend for 2025. This payout demonstrates its current financial capacity and commitment to shareholder benefits.

Additionally, the bank continues to leverage its network of over 1,000 transaction points nationwide. This network supports broader customer access and capital reallocation across regions. Building on this, the entity implements policies guided by the State Bank of Vietnam, aiming to balance credit growth with capital cost control, thereby helping customers access capital at reasonable interest rates.

Hoang Dan