LPB

Proprietary trading desks at securities companies net bought 460 billion VND on HOSE on July 22, when VN-Index fell 62 points. Techcombank (TCB) was the most bought stock at 235 billion VND, while foreign investors net sold 1,921 billion VND across the market.

The State Bank of Vietnam (SBV) will remove regulations on interbank lending and deposit limits between credit institutions, following industry feedback. This simplifies compliance for banks like BID, LPB, and VCB, potentially increasing interbank market flexibility and reducing operational burdens.

LPBS (LPBank Securities) received HoSE listing approval after a successful IPO of 141.86 million shares at 30,000 VND each, raising over 4,256B VND. The company reported a record Q2/2026 pre-tax profit of 628B VND (+140% YoY) on revenue of 1,664B VND (+276%), driven by gains from financial assets and margin lending. The listing adds a well-capitalized securities firm to the main exchange, with a charter capital of 14,086.6B VND.

LPBank (LPB) reported H1 2026 pre-tax profit of VND 5,973 billion, with Q2 profit of VND 3,147 billion up 11% from Q1. Total assets reached VND 615,502 billion, credit grew 10% H1, and non-interest income surged 33%, reducing reliance on traditional lending. The bank maintains a 1.85% NPL ratio and 11.2% CAR, supporting its expansion trajectory.

Techcombank (TCB) reported 6M 2026 pre-tax profit of 18,540 billion VND, up 22.5% YoY, with credit growth of 11.6% and NPL improving to 1.15%. LPBank (LPB) posted a 3.1% decline to 5,973 billion VND, completing 40% of its full-year target. The results highlight divergent performance among private banks in Vietnam.

Techcombank (TCB) posted H1 2026 pre-tax profit of VND 18,540 billion, up 22.5% YoY, with credit growth of 11.6% and NPL at 1.15%. LPBank (LPB) saw a 3.1% decline to VND 5,973 billion, completing 40% of its full-year target. The results highlight divergent performance among private banks.

LPBank (LPB) recorded a block trade of nearly 130 million shares, equivalent to over 4.3% of charter capital, valued at VND 6,490 billion (USD 259.6 million) on July 21. The transaction drove LPB shares up 4% in the session, adding to a 45% year-to-date gain. The deal signals potential ownership restructuring ahead of the bank's H1 2026 results, which showed a 3.1% decline in pre-tax profit.

LPBank (LPB) reported H1 2026 pre-tax profit of VND 5,973 billion, with Q2 profit rising 11% sequentially. Non-interest income surged 33%, driven by a 54% jump in service fees and 151% in forex trading, reducing reliance on net interest income. Total assets reached VND 615.5 trillion, nearing the full-year target.

GMD saw proprietary trading desks net buy over VND 300 billion on July 20, accounting for nearly 70% of total proprietary net buying on HOSE. Foreign investors net sold VND 96 billion, with VCB leading the sell-off. The divergence highlights continued foreign outflow pressure while domestic institutions selectively accumulate logistics and real estate names.

GMD saw VND 300 billion in net buying from proprietary trading desks on July 20, the largest single-stock inflow, as VN-Index dropped 43.94 points. The buying partially offset foreign net selling of VND 86 billion across the market, signaling domestic institutional support for select blue chips.