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vpbank reports 67 percent profit increase and expands fdi customer base
VPBank reported a 67% year-on-year increase in consolidated pre-tax profit for the first nine months of 2024, reaching nearly VND 13.9 trillion, driven by stable credit growth and effective debt collection strategies. The bank has expanded its FDI customer portfolio to 500 enterprises and partnered with Lotte C&F Vietnam and BYD to enhance its market presence. Additionally, VPBank's brand value rose to $1.35 billion, placing it among Vietnam's top 10 most valuable brands.