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Prosperity And Growth Commercial Joint Stock Bank (Vietnam)

Main Activities: Other Depository Credit Intermediation
Full name: Prosperity And Growth Commercial Joint Stock Bank Profile Updated: May 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Petrolimex Group Commercial Joint Stock Bank (PG Bank), formerly known as Dong Thap Muoi Rural Joint Stock Bank, was established on 13th Nov 1993 with initial chartered capital of VND 700 million.
In March 2007, Dong Thap Muoi Rural JS Bank was authorized to be transformed into an urban joint stock bank by State Bank Decision No. 125/QD-NHNN dated January 12, 2007 and to change its name to Petrolimex Group Commercial Joint Stock Bank (PG Bank) by Decision No. 368/QD- NHNN dated February 8, 2007. Accordingly, PG bank was licensed to expand its network nation-wide and to perform full banking services including international payment and foreign currency trading.
On 17 March 2010, PG Bank's headquarter officially moved to Hanoi by State Bank Decision No. 3209/QD-NHNN date December 25, 2009. PG Bank s new headquarter located at Office 5, 18T1-18T2 Building, Trung Hoa - Nhan Chinh, Le Van Luong, Nhan Chinh Ward, Thanh Xuan District, Hanoi.
PG Bank provides a comprehensive range of traditional banking products and services, including deposit and lending products, cross-border remittance service, trade financing and card-related services. In addition, the Bank has also put great effort in developing and offering customers more diversified and advanced financial products and services, notably corporate finance and commodity derivatives.
The Bank listed its shares on UPCOM since 24 December 2020.

Headquarters
16Th, 23Rd 24Th Floor, Mipec Tower, No. 229 Tay Son Street, Nga Tu So Ward, Dong Da District
Ha Noi (municipality); Red River Delta;

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Website: http://www.pgbank.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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13.541%
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13.359%
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13.099%
Company Performance
Financial values in the chart are available after Prosperity And Growth Commercial Joint Stock Bank report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net interest income
7.53%
Operating profit (EBIT)
-30.57%
Net Profit (Loss) for the Period
-30.67%
Total assets
13.27%
Total equity
6.09%
Total Assets Trend
-7.63%
Net Interest Income Trend
-56.43%
Loans to Deposits Ratio
-0.21%
Loans to Asset Ratio
4.38%

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