Moody’s upgrades TPBank’s credit rating

Moody’s has upgraded TPBank’s credit rating to “Ba3”, based on assessing five key criteria: liquidity, profitability, bad debt ratio, equity, and tangible asset financing. Four of the five are at a high level at TPBank. With good profitability and risk management, TPBank was also placed by Forbes in the Top 50 best-listed companies in 2022 and is among the top seven listed banks in Vietnam.