LPBank announces 2025 Annual General Meeting of Shareholders documents: Targets for strong growth and 25% cash dividend

In 2025, LPBank aims to achieve pre-tax profit of VND 14,868 billion.

25% Cash Dividend Plan - Sharing Sustainable Value with Shareholders

A prominent content presented at the Congress was the plan to pay cash dividends at a high rate of 25%, corresponding to the profit used for dividend payment of VND 7,468 billion. This is one of the important highlights at this year's Congress, demonstrating the Bank's efforts in maximizing value for shareholders after a year of achieving many positive business results. Up to now, LPBank is one of the banks with the highest cash dividend rate in the market.

2025 Business Plan Presentation - Profit Growth Target of More Than 22%

In the LPBank Board of Directors report submitted to the General Meeting of Shareholders, the Bank set a pre-tax profit target of VND 14,868 billion, an increase of 22.2% compared to the results achieved in 2024. This is one of the high growth targets in the past few years, within the Bank's sustainable and prudent development strategy, aiming towards the Loc Phat Bank for everyone.

2025 is also the pivotal year to start the 2025-2028 strategic roadmap, aiming for two clear destinations: Becoming the Top 1 Retail Bank in rural and urban areas of type 2 on a digital technology platform; Top 5 priority banking services in large cities.

The approval of the plan at this year's General Meeting of Shareholders further affirms LPBank's long-term vision and demonstrates its competitiveness and flexible adaptation in an increasingly volatile market.

Previously, at the end of 2024, LPBank earned VND 12,168 billion in pre-tax profit, with LPBank's ROA and ROE reaching 2.18% and 25.1%, respectively, demonstrating superior performance compared to the banking industry average. As of December 31, 2024, LPBank's total assets reached more than VND 508.3 trillion, up 32.8% over the end of the previous year. Of which, customer loans increased by 20.4%, reaching VND 331.6 trillion. Customer deposits also increased sharply by 19.3%, reaching VND 283.1 trillion.

Establishing LPBank AMC - Strengthening debt handling capacity, expanding financial investment

The establishment of LPBank AMC is a strategic step, not only helping LPBank proactively resolve bad debts but also opening up a new direction for development in the investment finance sector, contributing to improving competitiveness and sustainable growth for the Bank in the long term.

With the important contents presented at the 2025 Annual General Meeting of Shareholders, LPBank is showing a strong transformation in both scale and development strategy. The upcoming meeting promises to be an important milestone, opening a new growth phase for LPBank in its journey to conquer the leading position in the retail banking market in Vietnam.

It is expected that LPBank's 2025 Annual General Meeting of Shareholders will be held on April 27, 2025 in Ninh Binh province./.

LPBANK