PGBank plans to increase charter capital to 10 trillion VND by the end of 2025

Vinh Phú |

On April 24, Prosperity and Development Joint Stock Commercial Bank (PGBank) successfully held its 2025 Annual General Meeting of Shareholders. All submissions and strategic plans of the Board of Directors (BOD) were approved by shareholders with a majority of votes. 2024 marks a remarkable turning point for PGBank in its restructuring journey and positioning in the financial market.

At the end of 2024, total bank assets reached 115% of the plan (up 32% compared to 2023); outstanding loans reached 103% of the plan (up 15.8% compared to 2023); total capital mobilization reached VND 66,685 billion, completing 118% of the plan, increasing by 33.9% to VND 16,888 billion compared to the end of 2023; pre-tax profit reached VND 425 billion, reaching 76.8% of the plan (up 21% compared to 2023).

In 2025, the bank set a pre-tax profit target of VND 1,001 billion, up 135.3% over 2024; total assets reached VND 91,226 billion, up 24.9%, equivalent to an increase of VND 18,211 billion compared to the end of 2024; total outstanding credit reached VND 48,653 billion, up 17.1% over 2024; total mobilized assets reached VND 78,449 billion, up 17.6% over 2024.

PGBank has completed increasing its charter capital by issuing bonus stocks and completing the public offering of shares to VND 4,200 billion in March 2025, aiming to increase capital to VND 5,000 billion in the second quarter of 2025, completing the capital increase to VND 10,000 billion by the end of 2025.

In the 2025-2030 period, the Board of Directors aims to put PGBank in the Top 15 commercial banks with the highest operating income growth rate; increase charter capital to a minimum of VND 20,000 billion by 2030; annual revenue growth of 25-30%;...

Vinh Phú
TIN LIÊN QUAN

PGBank launches the program "Welcoming the Year of the Snake - Golden Gifts as You Wish"

|

Instead of New Year greetings, from December 1, 2024 to March 31, 2025, PGBank will launch a special incentive program for customers with savings called "Welcoming the Year of the Snake - Wishing Gold Gifts". Each savings deposit at PGBank not only helps customers' finances generate profits but also brings the opportunity to receive lucky gold, symbolizing a new year full of wealth, happiness, and success.

CareerViet honors PGBank as “Favorite Employer”

|

On December 12, Prosperity and Development Joint Stock Commercial Bank (PGBank) was honored in 3 important categories at the "Employer of Choice 2024" award ceremony. The "Employer of Choice 2024" award was conducted by CareerViet, with methodological sponsorship from Amco Vietnam Market Research Company, starting from July 7, 2024 to October 31, 2024.

PGBank officially appoints General Director

|

On December 7, Prosperity and Development Joint Stock Commercial Bank (PGBank - stock code: PGB) appointed Mr. Nguyen Van Huong as General Director of PGBank after receiving approval from the State Bank of Vietnam under Official Dispatch No. 9273/NHNN-TTGSNH dated November 12, 2024. Mr. Nguyen Van Huong has more than 20 years of experience in the finance and banking sector.

PGBank launches the program "Welcoming the Year of the Snake - Golden Gifts as You Wish"

Vinh Phú |

Instead of New Year greetings, from December 1, 2024 to March 31, 2025, PGBank will launch a special incentive program for customers with savings called "Welcoming the Year of the Snake - Wishing Gold Gifts". Each savings deposit at PGBank not only helps customers' finances generate profits but also brings the opportunity to receive lucky gold, symbolizing a new year full of wealth, happiness, and success.

CareerViet honors PGBank as “Favorite Employer”

Vinh Phú |

On December 12, Prosperity and Development Joint Stock Commercial Bank (PGBank) was honored in 3 important categories at the "Employer of Choice 2024" award ceremony. The "Employer of Choice 2024" award was conducted by CareerViet, with methodological sponsorship from Amco Vietnam Market Research Company, starting from July 7, 2024 to October 31, 2024.

PGBank officially appoints General Director

Vinh Phú |

On December 7, Prosperity and Development Joint Stock Commercial Bank (PGBank - stock code: PGB) appointed Mr. Nguyen Van Huong as General Director of PGBank after receiving approval from the State Bank of Vietnam under Official Dispatch No. 9273/NHNN-TTGSNH dated November 12, 2024. Mr. Nguyen Van Huong has more than 20 years of experience in the finance and banking sector.