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PGBank

PGBank targets to increase pre-tax profit to over VNĐ1trillion in 2025

PGBank targets to increase pre-tax profit to over VNĐ1trillion in 2025

Shareholders approved the Prosperity and Development Commercial Joint Stock Bank (PGBank)’s key business targets for 2025, including an increase of 135.3 per cent in pre-tax profit to over VNĐ1 trillion, at its annual general meeting on April 24.
PGBank appoints new Acting Chief Executive Officer

PGBank appoints new Acting Chief Executive Officer

Speaking at the appointment ceremony, Hương expressed his gratitude to PGBank’s leaders for trusting him for the new position.
PGBank, HDBank merger could finish in June 2020

PGBank, HDBank merger could finish in June 2020

PGBank was previously planned to partner with Vietinbank, but the deal fell through in late April 2018.
PGBank shareholders to discuss MA decision

PGBank shareholders to discuss MA decision

Petrolimex Group Commercial Joint Stock Bank (PGBank) will hold a shareholders’ meeting on April 21 to discuss its restructuring plan.
Vietinbank delays its MA with PGBank

Vietinbank delays its MA with PGBank

Vietinbank has not completed acquiring PGBank as the two sides have not finished all required procedures and got approval from the authorities.  
Vietinbank officially merges with PGBank

Vietinbank officially merges with PGBank

Viet Nam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PGBank) signed an official merger document yesterday, thereby opening opportunities for the new bank.
Vietinbank to merge with PGBank

Vietinbank to merge with PGBank

Vietinbank announced a plan to merge with the PGBank before shareholders on April 14.
Vietinbank may acquire Petrolimexs PGBank

Vietinbank may acquire Petrolimex's PGBank

PGBank, a small in-house bank of Petrolimex, may sell 99 per cent of its stake to the second-largest bank by assets, Vietinbank, as part of its restructuring process.