Rating Announcement
Rating type: Issuer Rating - Long-term
Rating action: Initial rating
Rating date: 08/05/2024
This is an abstract of the Rating Announcements. Please click 'View Online' or 'Download' to access the full report
Lien Viet Post Joint Stock Commercial Bank (LPBank)'s A+ long-term issuer rating reflects the bank's above-average standalone assessment and our expectation of a moderate likelihood of government support for the bank in times of need. The bank's standalone assessment incorporates its above-average asset risk, profitability, and capital, as well as its average funding structure and liquid resources relative to industry peers.
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