Petrolimex Group Commercial Joint Stock Bank (PG Bank) targets pre-tax profit of VND211 billion (US$9.06 million) in 2019 and total assets to reach nearly VND32.74 trillion by December 31, 2019, a year-on-year increase of 9 per cent.
The General Department of Customs (GDC) announced another four banks that qualify to provide its 24/7 e-tax payment scheme, raising the total to 22 banks.
Shareholders of the HCM City Development Joint Stock Commercial Bank (HDBank) have approved a plan to acquire the Ha Noi-based Petrolimex Group Commercial Joint Stock Bank in an all-stock deal.
The Viet Nam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PG Bank) have called off a potential merger after nearly two years of negotiations.
State Bank of Viet Nam (SBV) has allowed Petrolimex Group Commercial Joint Stock Bank (PG Bank) to raise its chartered capital from VND3 trillion (US$132 million) to VND3.165 trillion.