Tien Phong Bank
A Vietnamese joint-stock commercial bank built around retail, corporate, and digitally enabled banking services.
Last updated August 22, 2026
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Overview
Tien Phong Bank, commonly branded as TPBank, is a Vietnamese joint-stock commercial bank headquartered in Hanoi. It was established on 5 May 2008 and developed during a period when Vietnam’s banking sector was expanding its retail, payments, and technology capabilities. The bank’s stated strategic foundation included technological and financial support from shareholders and strategic partners associated with DOJI Gold and Gems Group, FPT Corporation, MobiFone, Vietnam National Reinsurance, and SBI Ven Capital of Singapore. TPBank’s development has been marked by a combination of conventional commercial banking and technology-led service delivery. Its business scope includes retail banking, corporate banking, lending, payment services, cards, and digital banking. The institution has particularly emphasized automated and digital customer access, including its LiveBank 24/7 automated transaction-point system, a QR-payment application called QuickPay, and digital banking infrastructure for business customers. These initiatives position TPBank as a modern Vietnamese bank seeking to reduce reliance on conventional branch-based transactions and improve service availability. The bank expanded its capital base during its early years, raising charter capital to VND 2,000 billion in August 2010. It introduced an official brand identity in December 2013 and moved into a new headquarters at 57 Ly Thuong Kiet in Hanoi’s Hoan Kiem District in December 2014. In the consumer-finance and payments area, TPBank introduced the TPBank World MasterCard credit card in August 2016 and launched its first automated transaction-point system in February 2017. QuickPay followed in October 2017, extending the bank’s digital-payment offering through QR-based transactions. TPBank became a publicly traded Vietnamese bank in April 2018, when 555 million shares were listed on the Ho Chi Minh City Stock Exchange. Its charter capital later reached VND 8,566 billion by March 2019. In December 2020, the bank listed a further 215,082,516 shares, and by December 2021 its charter capital had risen above VND 15,817 billion. In April 2022, it introduced TPBank Biz, a digital banking platform designed for business users. The bank’s public identity therefore combines the full-service role of a commercial bank with a technology-oriented proposition. Its principal market is Vietnam, and the available reference material does not establish a broader international branch network or a separate global consumer brand. TPBank’s current positioning is best understood as a Vietnamese bank focused on accessible banking, digital channels, automated service points, payment innovation, and technology-supported customer experience.
History
Tien Phong Bank was founded on 5 May 2008 in Vietnam. The bank was established with technological and financial backing associated with strategic shareholders including DOJI Gold and Gems Group, FPT Corporation, MobiFone, Vietnam National Reinsurance, and Singapore-based SBI Ven Capital. Its early development took place alongside the modernization of Vietnam’s banking market, where digital channels, card services, and more accessible retail banking became increasingly important. In August 2010, TPBank increased its charter capital to VND 2,000 billion. The bank later introduced an official brand identity in December 2013 and opened a new headquarters at 57 Ly Thuong Kiet in Hanoi’s Hoan Kiem District in December 2014. These steps represented the consolidation of its institutional presence and public-facing identity. TPBank’s technology emphasis became more visible from 2016 onward. In August 2016, it introduced the TPBank World MasterCard credit card. In February 2017, the bank launched its first automated transaction-point system, supporting a service model designed to make banking transactions available beyond conventional branch hours. In October of the same year, it launched QuickPay, a QR-payment application that extended its digital-payment capabilities. The bank entered Vietnam’s public equity market in April 2018, listing 555 million shares on the Ho Chi Minh City Stock Exchange. By March 2019, its charter capital had reached VND 8,566 billion. TPBank continued its capital-market development in December 2020 by listing an additional 215,082,516 shares. In December 2021, its charter capital exceeded VND 15,817 billion. In April 2022, TPBank launched TPBank Biz, a digital banking platform aimed at business customers. This development broadened the bank’s digital strategy beyond retail users and reflected its effort to serve corporate banking needs through dedicated online infrastructure. Across its documented history, TPBank has combined conventional commercial banking activities with retail financial products, corporate services, payment tools, automated transaction facilities, and digital platforms. The available reference material identifies Vietnam as its operating market and does not provide enough information to describe a separate international operating network.
- 2022
TPBank Biz launches
[1]TPBank introduces a digital banking platform for business customers.
- 2021
Charter capital exceeds VND 15,817 billion
[1]TPBank's charter capital rises above VND 15,817 billion in December.
- 2020
Additional shares are listed
[1]TPBank lists an additional 215,082,516 shares in December.
- 2019
Charter capital reaches VND 8,566 billion
[1]The bank's charter capital reaches VND 8,566 billion by March.
- 2018
Shares are listed on HOSE
[1]TPBank lists 555 million shares on the Ho Chi Minh City Stock Exchange.
- 2017
Automated transaction points and QuickPay launch
[1]TPBank introduces its first automated transaction-point system and later launches the QuickPay QR-payment application.
- 2016
World MasterCard credit card introduced
[1]TPBank launches the TPBank World MasterCard credit card.
- 2014
New Hanoi headquarters opens
[1]TPBank opens its headquarters at 57 Ly Thuong Kiet, Hoan Kiem, Hanoi.
- 2013
Official brand is launched
[1]The bank introduces its official TPBank brand identity.
- 2010
Charter capital reaches VND 2,000 billion
[1]TPBank increases its charter capital to VND 2,000 billion.
Products and positioning
A technology-oriented Vietnamese commercial bank emphasizing digital access, automated transactions, payment innovation, and customer experience.
Banking services
Retail banking
TPBank's retail-banking scope includes consumer-facing banking and financial services delivered through conventional and digital channels. The available reference material identifies lending, payment services, cards, and automated transaction access as part of the bank's broader commercial offering.
Banking services
Corporate banking
Corporate banking is a core part of TPBank's commercial-bank proposition. The bank serves business customers through banking and financial services, with its TPBank Biz platform representing a dedicated digital channel for corporate users.
Automated banking · 2017
LiveBank 24/7
LiveBank 24/7 is TPBank's automated transaction-point service. It originated from the automated transaction-point system introduced by the bank in 2017 and is associated with extended-access banking outside the standard branch model.
Digital payments · 2017
TPBank QuickPay
QuickPay is TPBank's QR-payment application. Launched in October 2017, it forms part of the bank's effort to expand digital payment functionality and provide customers with a mobile-oriented transaction method.
Credit card · 2016
TPBank World MasterCard
The TPBank World MasterCard is a credit-card product introduced by the bank in August 2016. It expanded TPBank's consumer card offering within its retail-banking portfolio.
Business digital banking · 2022
TPBank Biz
TPBank Biz is a digital banking platform designed for business customers. Introduced in April 2022, it extends TPBank's technology-led service model into corporate and business banking.
Brand decisions
2022
Launch of TPBank BizProduct launchBackground
TPBank was extending its digital service model from retail and payments into business banking.
Action taken
The bank launched TPBank Biz, a digital banking platform for businesses, in April 2022.
Aftermath
The platform broadened TPBank's documented digital offering for corporate customers.
2018
Public listing on the Ho Chi Minh City Stock ExchangeStrategyBackground
TPBank pursued public-market access as part of its institutional and capital development.
Action taken
The bank listed 555 million shares on the Ho Chi Minh City Stock Exchange in April 2018.
Aftermath
TPBank became a publicly traded Vietnamese bank under the ticker TPB.
Shares listed. 555 million shares (April 2018)
2017
Launch of automated transaction pointsProduct launchBackground
TPBank was pursuing a technology-led banking model and sought to provide customers with access beyond conventional branch hours.
Action taken
The bank launched its first automated transaction-point system in February 2017.
Aftermath
The initiative became associated with TPBank's LiveBank 24/7 automated banking proposition.
2017
Launch of QuickPayProduct launchBackground
QR-based payments were added to TPBank's digital banking and payments strategy.
Action taken
TPBank launched the QuickPay QR-payment application in October 2017.
Aftermath
QuickPay expanded the bank's digital-payment offering.
Recent events
- 2022
TPBank launches TPBank Biz[1]
Product launch
The bank introduced TPBank Biz, a digital banking platform for business customers.
- 2020
TPBank lists additional shares[1]
Other
TPBank listed an additional 215,082,516 shares in December 2020.
- 2018
TPBank lists shares on the Ho Chi Minh City Stock Exchange[1]
Other
The bank listed 555 million shares on the Ho Chi Minh City Stock Exchange.
- 2017
TPBank launches automated transaction-point system[1]
Product launch
The bank introduced its first automated transaction-point system, later associated with its LiveBank 24/7 service model.
- 2017
TPBank launches QuickPay QR-payment application[1]
Product launch
TPBank launched QuickPay, a QR-based payment application supporting its digital-payments strategy.
- 2016
TPBank introduces World MasterCard credit card[1]
Product launch
TPBank launched the TPBank World MasterCard credit card, expanding its card proposition for customers.
- 2014
TPBank opens Hanoi headquarters[1]
Other
The bank opened a new headquarters at 57 Ly Thuong Kiet in Hoan Kiem, Hanoi.
- 2013
TPBank launches official brand identity[1]
Other
TPBank introduced its official branding as part of its institutional and market development.
- 2010
TPBank raises charter capital to VND 2,000 billion[1]
Other
The bank increased its charter capital to VND 2,000 billion during its early expansion period.
Sources3 sources
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