Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Banking > VPBANK TO BE RATED AT STABLE OUTLOOK BY MOODY’S

VPBANK TO BE RATED AT STABLE OUTLOOK BY MOODY’S

Published by Gbaf News

Posted on September 24, 2013

4 min read

Last updated: January 22, 2026

Ceramic adhesives market growth trends and projections - Global Banking & Finance Review — An insightful representation of the ceramic adhesives market, highlighting projected growth and trends across key sectors like construction and healthcare, as discussed in the article.

Recently, Moody’s (global credit rating firm) has assigned the first time ratings of B3 to Vietnam Prosperity Bank (VPBank) with a stable outlook.

vpbank

vpbank

According to Moody’s, the rating on VPBank deposit in VND is at B3, equivalent to Moody’s ratings of BIDV, Vietinbank, MB, ACB, Techcombank, Sacombank. Regarding rating on foreign currency deposit, Moody’s assigns VPBank at B3, equivalent to the ratings of MB, ACB, Techcombank, Sacombank.
The bank financial strength rating (BFSR) is at E and baseline credit assessment (BCA) at Caa1, equivalent to 7 leading banks in Vietnam on Moody’s rating list.
Moody’s ratings are based on the recognition of VPBank’s success in growth strategies in retail banking and small and medium enterprises (SME). According to Moody’s, the retail banking segment in Vietnam has great potential to thrive and bring good profit to the bank. Besides, with this development orientation, VPBank lowers credit risks from the state-owned enterprises (SOEs) as assessed by Moody’s, loans of these enterprises at VPBank are the lowest among credit institutions.
Moody’s has positive assessment of the implementation of centralized credit at VPBank. According to Moody’s analysis, the potential risks of VPBank asset quality will be reduced thanks to the efforts to modernize risk management, including upgrading information technology infrastructure, applying credit scoring system for customers in the retail and SME markets. Moody’s believes that these improvements will help VPBank have a clearer view on their asset quality, provide solutions and adjust credit standards appropriately.

VPBank leadership said: “Following the growth strategy with a focus on retail banking and SME segments, VPBank has implemented comprehensive transition projects across the whole system for the last 3 years with the support of the leading strategy consulting firm McKinsey. By the end of 8/2013, VPBank’s equity reached over VND 7 trillion with a network of over 200 business units in 33 provinces nationwide. VPBank’s total assets of over VND 113 trillion position itself as one of the joint-stock commercial banks with the largest total assets in Vietnam. With the continuing efforts recently as well as quite positive assessment from Moody’s, VPBank affirms that the goal to become one of the 5 leading joint-stock commercial banks, and one of the 3 leading retail joint-stock commercial banks in Vietnam will be achieved soon.”

Recently, Moody’s (global credit rating firm) has assigned the first time ratings of B3 to Vietnam Prosperity Bank (VPBank) with a stable outlook.

vpbank

vpbank

According to Moody’s, the rating on VPBank deposit in VND is at B3, equivalent to Moody’s ratings of BIDV, Vietinbank, MB, ACB, Techcombank, Sacombank. Regarding rating on foreign currency deposit, Moody’s assigns VPBank at B3, equivalent to the ratings of MB, ACB, Techcombank, Sacombank.
The bank financial strength rating (BFSR) is at E and baseline credit assessment (BCA) at Caa1, equivalent to 7 leading banks in Vietnam on Moody’s rating list.
Moody’s ratings are based on the recognition of VPBank’s success in growth strategies in retail banking and small and medium enterprises (SME). According to Moody’s, the retail banking segment in Vietnam has great potential to thrive and bring good profit to the bank. Besides, with this development orientation, VPBank lowers credit risks from the state-owned enterprises (SOEs) as assessed by Moody’s, loans of these enterprises at VPBank are the lowest among credit institutions.
Moody’s has positive assessment of the implementation of centralized credit at VPBank. According to Moody’s analysis, the potential risks of VPBank asset quality will be reduced thanks to the efforts to modernize risk management, including upgrading information technology infrastructure, applying credit scoring system for customers in the retail and SME markets. Moody’s believes that these improvements will help VPBank have a clearer view on their asset quality, provide solutions and adjust credit standards appropriately.

VPBank leadership said: “Following the growth strategy with a focus on retail banking and SME segments, VPBank has implemented comprehensive transition projects across the whole system for the last 3 years with the support of the leading strategy consulting firm McKinsey. By the end of 8/2013, VPBank’s equity reached over VND 7 trillion with a network of over 200 business units in 33 provinces nationwide. VPBank’s total assets of over VND 113 trillion position itself as one of the joint-stock commercial banks with the largest total assets in Vietnam. With the continuing efforts recently as well as quite positive assessment from Moody’s, VPBank affirms that the goal to become one of the 5 leading joint-stock commercial banks, and one of the 3 leading retail joint-stock commercial banks in Vietnam will be achieved soon.”