According to documents for its annual general meeting on 27/4, LPBank plans to distribute nearly 9 trillion dong as a 30% cash dividend for 2025. If approved, this would mark the bank's highest cash dividend payout to date.

Vietnam Post Corporation (VNPost), currently the sole major shareholder, holds 195.3 million LPB shares. Based on the proposed dividend, VNPost could receive nearly 586 billion dong.

LPBank's management stated that the cash dividend proposal is a result of the bank's strong 2025 business performance. Last year, the bank reported a pre-tax profit of nearly 14.3 trillion dong, a 17% increase compared to 2024, setting a new operational record.

LPBank building at 210 Tran Quang Khai, Hanoi. _LPB_

At this year's general meeting, LPBank will also present its business plan for 2026, targeting a pre-tax profit of 14.982 trillion dong, a 5% increase over 2025. The bank anticipates an 11.7% growth in credit, equivalent to 437.581 trillion dong.

The year 2025 saw significant leadership changes at LPBank, with Nguyen Duc Thuy, the former chairman, resigning in December. Ho Nam Tien, the standing vice chairman of the Board of Directors, succeeded him. Additionally, Thuy ceased to be a shareholder holding over one percent of the bank's capital, as announced on 31/12/2025.

LPBank, formerly known as Lien Viet Post Bank, underwent a name change in mid-July 2025. By the end of last year, the bank's total assets reached 605.585 trillion dong, with a projected increase of 1.6% this year.

Trong Hieu