In the first quarter of 2025, Lien Viet Post Joint Stock Commercial Bank (LPB) announced its financial results showing a significant change in after-tax profit (LNST) compared to Q1 2024. LPB’s LNST reached 300 billion VND, an increase of 20% year-on-year, mainly due to an increase in total operating income while operating expenses were well controlled. Despite certain external factors impacting the bank’s operations such as interest rate fluctuations and economic conditions, LPB maintained stability thanks to effective risk management and appropriate business strategies. The bank enhanced its credit activities and expanded customer services, contributing to profit growth. It is forecasted that in the following quarters, LPB will continue to focus on optimizing resources and expanding its market share in core areas.
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