PGBank, HDBank merger could finish in June 2020

Monday, Nov 18, 2019

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

PG Bank targets over $9m pre-tax profit this year

Friday, Apr 19, 2019

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.

HDBank shareholders approve PG Bank acquisition in all-stock deal

Saturday, Apr 21, 2018

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.

PGBank shareholders to discuss MA decision

Tuesday, Apr 03, 2018

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

PG Bank allowed to raise charter capital

Tuesday, Feb 06, 2018

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.

Vietinbank officially merges with PGBank

Saturday, May 23, 2015

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.