This marks the first time VPBankS has joined the top 10 leading companies in brokerage market share on the HoSE, less than four years after operating under its new brand. In contrast, the other companies in the top 10 have been operating for over 10 years.
The company also climbed to the 6th position in brokerage market share on the Hanoi Stock Exchange (HNX), reaching 4,75%, an increase of four ranks from the previous quarter. Concurrently, the company maintained its position in the top 10 for brokerage market share on the UPCoM exchange and in the derivatives market.
Previously, VPBankS achieved several milestones in its brokerage operations. By the end of Q3/2025, the company entered the top 10 enterprises with the highest brokerage revenue for the first time, based on aggregated financial reports of securities companies. By mid-November, the number of securities accounts at VPBankS reached the 1 million mark, representing approximately 10% of the total accounts in the Vietnamese market.
VPBankS's brokerage growth momentum is linked to the rapid expansion of its margin lending activities. By the end of Q4/2024, the company was among the top 10 securities companies with the highest outstanding margin loans. Less than one year later, it had risen to the top 3. According to updates at a recent investor conference hosted by the company, VPBankS's outstanding margin loans reached approximately 29,000 billion dong by late November 2025 and increased to 32,000 billion dong by mid-December, more than three times the amount at the beginning of the year.
On 12/11/2025, the company completed its initial public offering (IPO), raising nearly 12,713 billion dong, increasing its equity to almost 33,000 billion dong. Less than one month later, 1,875 billion VPX shares were listed on the HoSE, providing a capital foundation for core business segments like margin lending and investment banking.
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VPBankS is the sole securities company within the VPBank banking ecosystem. *Photo: VPBankS* |
According to a VPBankS representative, joining the top 10 brokerage market share on the HoSE reflects the effectiveness of the bank's business model and its strategic implementation capabilities. Growth drivers include a diverse product portfolio, competitive policies, a large team of brokers, and support from Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and strategic partner Sumitomo Mitsui Banking Corporation (SMBC).
VPBankS currently offers a full range of stock market products: stocks, bonds, derivatives, fund certificates, model portfolios, and covered warrants. With its equity among the industry leaders, the company has room to implement margin lending policies with competitive interest rates and high limits.
Concurrently, VPBankS's workforce has grown rapidly, from a few dozen people when it started operating under the new brand to 772 employees by the end of Q3/2025 (excluding collaborators), thereby supporting the expansion of its brokerage segment and enhancing customer service quality.
VPBankS is the sole securities company within the VPBank banking ecosystem, officially commencing operations in 2022. Being part of the VPBank - SMBC ecosystem allows VPBankS to inherit a strong foundation in capital, technology, governance, and access to a customer base of over 30 million people.
In the past two years, the company has been honored at the Asia Pacific Enterprise Awards in multiple categories: "Asia's Outstanding Enterprise 2025" and "Fast Growing Enterprise."
According to its 2026-2030 development strategy, VPBankS aims to climb to the top 2 in brokerage market share on the HoSE by 2030, while also targeting a leading position in margin lending, total assets, and pre-tax profit.
In addition to brokerage, VPBankS is rapidly expanding into investment banking (IB) and proprietary trading segments. The company aims to become a securities - investment banking enterprise, providing personalized financial solutions for all customer segments.
(Source: VPBankS)
