Vietnam Prosperity JSCB 2021 AR2
The report highlights VPBank's performance in 2021, marked by the successful sale of a 50% stake in FE Credit to SMBC, which boosted owner's equity to VND 86 trillion. Despite economic challenges from the COVID-19 pandemic, the company achieved a profit before tax of VND 14,364 billion, representing a 10.3% year-over-year growth. VPBank accelerated its digital transformation, launching platforms like VPBank NEO and doubling digital transactions to 124 million. Additionally, the company actively supported the community by donating over VND 500 billion to pandemic relief and providing interest reductions to more than 400,000 customers.
Company: Vietnam Prosperity JSCB
Sector: Finance & insurance
Country: Vietnam
Year: 2021
Type: AR2
Pages: 205
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Vietnam Prosperity JSCB
Annual Report
The report highlights VPBank's performance in 2021, marked by the successful sale of a 50% stake in FE Credit to SMBC, which boosted owner's equity to VND 86 trillion. Despite economic challenges from the COVID-19 pandemic, the company achieved a profit before tax of VND 14,364 billion, representing a 10.3% year-over-year growth. VPBank accelerated its digital transformation, launching platforms like VPBank NEO and doubling digital transactions to 124 million. Additionally, the company actively supported the community by donating over VND 500 billion to pandemic relief and providing interest reductions to more than 400,000 customers.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees