Top 4 prestigious private banks in Vietnam in 2022, TPBank affirms its prestige with the market and customers

According to Vietnam Report, TPBank is in the Top 4 most prestigious private banks in Vietnam based on independent assessments of financial capacity and performance, customer satisfaction and opinions of financial industry experts bank itself

Recently, Vietnam Report Joint Stock Company (Vietnam Report) has announced the Top 10 prestigious Vietnamese Commercial Banks Ranking 2022. The ranking is built based on scientific and objective principles. . Banks are evaluated and ranked based on 3 main criteria: (1) Financial capacity shown in the latest year's financial statements; (2) Media credibility is assessed by Media Coding method - encoding articles about banking on influential media channels; (3) Survey of related subjects was conducted in June 2022. According to the published results, TPBank continues to maintain the 8th position in the Top 10 prestigious Vietnamese commercial banks and the Top position. 4 Private Joint Stock Commercial Bank.

Impressions of banking in the digital era

VNR500's experienced professional council highly appreciates TPBank's efforts in continuously updating, innovating, leading trends, applying modern technology to enhance customer experience, and maximize customer experience. TPBank's digital banking ecosystem. The LiveBank automated banking system scored strongly with a system of nearly 400 transaction points, serving the same service as a traditional branch but the time being shortened to the maximum. At the same time, modern technology allows customers to do transactions without needing to carry cards or identification documents.

TPBank also introduced LiveBank +, a unique model combining automatic banking and convenience stores, helping customers enjoy extremely different and unique financial service experiences such as using free wifi. , backup phones, buy water automatically or experience smart delivery cabinets. Or as unique and new features, nickname accounts, shopnames, and FacePay face payments, also received praise for their creativity and distinctive markings for TPBank.

Accelerating 2022 with impressive business results

Thanks to good governance of banking operations and enhancement of digital innovation, TPBank achieved positive business results in the first 6 months of the year with pre-tax profit of nearly 3,800 billion dong. With total assets of TPBank reaching more than 310 trillion VND, an increase of more than 28% over the same period last year and completing nearly 89% of the target plan. TPBank's total operating income reached VND 8,165 billion, up 31% over the same period. Net profit from services reached VND 1,192 billion, up 71.56% over the same period thanks to boosting card issuance, account opening, insurance cross-selling and payment activities. Net interest income from services accounted for 14.6% of total income, up nearly 3.5% compared to June 30, 2021.

TPBank has adjusted the demand for deposit growth according to the bank's capital use needs to achieve the best efficiency. Total deposits reached over 276 trillion dong, up nearly 27% over the same period, equivalent to over 58 trillion dong and completed more than 94% of the plan, mainly focusing on individual and corporate customers. The capital adequacy and liquidity indicators are strictly managed by the bank. Capital adequacy ratio according to Basel III (CAR) as of May 31, 2022 reached 13.1%, much higher than the minimum requirement of 8% of the State Bank. TPBank is also the only bank in Vietnam currently applying Basel III standards. NPL ratio is strictly controlled at less than 1%.

Mr. Nguyen Hung - General Director of TPBank proudly shared: “TPBank has been honored in the Top 8 prestigious Vietnamese commercial banks for 2 consecutive years and ranked in the Top 4 prestigious private banks for 3 consecutive years. . Besides this objective assessment of VNR, TPBank's prestige and influence in the market is also reflected in growth figures. By the end of June 30, TPBank added nearly 1.5 million new customers, equivalent to a growth of 25% compared to the end of 2021, bringing the total number of customers TPBank is serving to more than 6 million customers.

TPBank is also ranked by VNR as one of the 50 most prestigious and effective public companies, ranked by Forbes magazine as the 50 best listed companies in the market, demonstrating its superiority in financial strength, communication and communication. information, growth potential, level of sustainable development, quality of governance and position in the market.