Fortune Vietnam Joint Stock Commercial, VN000000LPB7

LPBank plans bonds for Fortune Vietnam Joint Stock Commercial stock

Published on 10/08/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The bond program totals VND 12.00 trillion from September 8, 2026. Fortune Vietnam Joint Stock Commercial stock had VND 5.97 trillion first-half profit.

Fortune Vietnam Joint Stock Commercial, VN000000LPB7, Illustration mit AI erstellt.

LPBank, the operating name of Fortune Vietnam Joint Stock Commercial (ISIN VN000000LPB7), had announced on September 8, 2026 a bond program of up to VND 12.00 trillion, according to VietnamBiz. The plan gives Fortune Vietnam Joint Stock Commercial stock a financing story, while first-half earnings provide the key operating counterweight.

Bond funding targets VND 12 trillion

The September 8 resolution covered nearly VND 4.00 trillion of public bonds and up to VND 8.00 trillion of privately placed subordinated bonds. The public portion included three maturities of seven, eight and ten years, with proceeds intended to expand operating capital, strengthen tier-two capital and support customer lending through the fourth quarter of 2027.

VietnamBiz reported that VND 2.18 trillion of the public bond proceeds was allocated to agriculture, forestry and fisheries, while VND 1.77 trillion was earmarked for labor, production and consumer lending. The allocation connects the capital plan to loan growth rather than a purely balance-sheet exercise.

Profit fell as costs increased

For the first half of 2026, pre-tax profit stood at VND 5.97 trillion, down 3.00 percent from the same period of 2025. After-tax profit reached VND 4.80 trillion, also down 3.00 percent year over year, while operating expenses rose 33.00 percent to VND 3.69 trillion and credit-loss provisions more than doubled to VND 1.55 trillion, according to VietnamBiz.

The balance sheet nevertheless expanded. As of June 30, 2026, total assets reached VND 615.50 trillion, customer loans reached VND 429.47 trillion and total operating income reached VND 11.21 trillion, up 17.00 percent year over year, according to Vietnam.vn. For investors, the contrast is clear: asset growth and operating income improved, but higher costs and provisions reduced reported profit.

HOSE listing frames the stock

Fortune Vietnam Joint Stock Commercial trades on the Ho Chi Minh Stock Exchange under ticker LPB. A current market view places the bank within the financial sector, with its lending, deposits, payments and digital banking operations linking the bond plan to its core commercial business.