SACOMBANK and LPBS Sign Comprehensive Cooperation Agreement to Enhance Customer Benefits and Experience

Mr. Nguyễn Minh Tâm, Deputy CEO of SACOMBANK (left), and Mr. Hoàng Việt Anh, CEO of LPBS (right), sign the cooperation agreement.

The agreement is built upon the complementary strengths of both parties, aiming to create a seamless financial services ecosystem where customers can conveniently access banking, securities investment, and wealth management solutions through a unified and efficient experience. Notably, the partnership places particular emphasis on developing comprehensive wealth management solutions for high-net-worth and priority customers of both organizations. This customer segment is experiencing growing demand for long-term financial planning, diversified asset allocation, and strategic investment advisory services.

Speaking at the signing ceremony, Mr. Nguyễn Minh Tâm, Deputy CEO of SACOMBANK, stated: "The financial market is evolving rapidly, requiring institutions to proactively collaborate in order to deliver greater value to customers. Our partnership with LPBS represents a strategic step in SACOMBANK’s journey to build a more integrated and synchronized financial ecosystem. Through this cooperation, we aim to enhance customer experience, improve the efficiency of financial services, and create new opportunities for growth in the years ahead."

Meanwhile, Mr. Hoàng Việt Anh, CEO of LPBS, shared: "Vietnam’s per capita income has now exceeded USD 5,000, ushering in a new era of personal financial needs and increasingly sophisticated wealth management requirements. The partnership between SACOMBANK and LPBS provides an excellent opportunity for us to deliver comprehensive solutions tailored to this growing premium customer segment."

The agreement opens up opportunities for sustainable cooperation and practical benefits for customers of both organizations.

SACOMBANK continued to reinforce its position as one of Vietnam’s leading commercial banks in 2025, recording total deposits of more than VND 837 trillion, outstanding loans exceeding VND 626 trillion, and total assets approaching VND 918 trillion, placing the Bank among the Top 10 largest banks in Vietnam by total assets. Notably, SACOMBANK was ranked 336th in the latest Banking 500 ranking by Brand Finance, reflecting its growing brand strength and competitiveness on the international stage.

The Bank currently operates a network of more than 535 transaction points across Vietnam, Laos, and Cambodia, supported by four subsidiaries specializing in various financial sectors. The comprehensive cooperation with LPBS represents a strategic step toward strengthening SACOMBANK’s presence in the securities market, completing its financial services ecosystem, and delivering greater value to customers.

During the 2023-2025 period, LPBS demonstrated industry-leading growth, successfully advancing into the Top 10 securities companies by capital scale in Vietnam, with total assets exceeding VND 30 trillion. At the 2026 Annual General Meeting, LPBS announced an ambitious business plan targeting 160% profit growth year-on-year. The company also revealed plans to conduct an IPO in the second quarter of 2026, a strategic move aimed at strengthening its financial capacity, expanding operations, and enhancing its technology-driven product and service ecosystem.

Mr. Hà Văn Trung, Permanent Deputy CEO of SACOMBANK (left), and Mr. Nguyễn Duy Khoa, Chairman of LPBS (right), exchange commemorative flowers to celebrate the successful signing ceremony.

The comprehensive cooperation agreement between SACOMBANK and LPBS is expected not only to create new growth opportunities for both organizations but also to deliver tangible benefits to customers, contributing to the sustainable development of Vietnam’s financial and banking market.