History

• November 13, 1993: Dong Thap Muoi Rural Joint Stock Bank officially started operation under Business License No. 0045/NH-GP granted by the Governor of the State Bank of Vietnam
• July 2005: Vietnam National Petroleum (Petrolimex) and Saigon Security Incorporation (SSI) officially became major shareholders of the Bank
• January 12, 2007: The Bank was permitted to convert into an urban joint stock bank under Decision No. 125 QD-NHNN
• February 8, 2007: The Bank officially changed name to Petrolimex Group Commercial Joint Stock Bank (PG Bank) in accordance with Decision No. 368/ GD-NHNN by the Governor of the State Bank of Vietnam.
• June 26, 2007: Grand opening of PG Bank Hanoi – the Bank’s first full service branch
• October 10, 2007: Chartered capital officially reached VND 500 billion
• December 12, 2007: Grand opening of PG Bank Saigon – the first branch in the South
• December 17, 2007: Grand opening of PG Bank Da Nang – the first branch in the Central
• January 01, 2008: Successfully launching i-Flex Core Banking software
• November 11, 2008: Officially providing international payment and carrying out selling and buying foreign exchange in the foreign market
• December 19, 2008: Chartered capital officially reached VND 1,000 billion
• October 06, 2009: PG Bank was licensed to carry out commodity derivatives transaction
• October 13, 2009: Officially launched of Flexicard – All-in-one multi-function card with two initial capabilities of debit and petroleum prepaid. Flexicard is the first and only prepaid petroleum card in Vietnam
• December 25, 2009: Officially being granted permission to reallocate Head Office from Dong Thap to Hanoi by the State Bank Governor under Decision No. 3209/QD-NHNN
• March 22, 2010: Successfully issuing 1000 billion of convertible bond
• December 31, 2010: Chartered capital officially increased to VND 2,000 billion from convertible bond
• December 2011: Officially launching new Head quarter in Mipec Tower, 229 Tay Son (Hanoi)
• 2011: Contact Center with only one number 1900555574 came into effect
• March 2012: The Mobile Banking service used on mobile's web browser was rolled out
• August 02, 2012: Chartered capital officially increased to VND 3,000 billion
• May 2013: Flexipay - money transfer service was launched at Petrolimex's petrol stations
• June 2013: Visa Credit Card was rolled out
• December 2013: PG Bank was extended the operating license to 99 years from 13/11/1993 according to the Decision of the State Bank of Vietnam on amending the contents of the Operating License

Achievements

• Honorably being awarded “A Rating” by the State Bank of Vietnam in 2007, 2008, 2009 and 2010
• Honorably being presented with “Vietnam Excellent Brand” by Vietnam Economic News and Trade promotion Agency - Ministry of Industry and Trade in 6 consecutive years from 2008 to 2013
• Honorably being awarded “Vietnam Top Trade Services” by Ministry of Industry and Trade in 2009 and 2013
• Honorably being awarded "Top 100 Vietnam Top Trade Services 2010" by Ministry of Industry and Trade
• Honorably being awarded Certificate of Merit of Vietnam Social Insurance in 2011 by Vietnam Social Insurance
• Honorably being awarded Emulation Flag in 2011 by Chairman of Hanoi People’s Committee
• Honorably being awarded Certificate of Merit for 2009, 2010 Excellent performance by Ministry of Industry and Trade
• Honorably being ranked in "Top 500 largest Vietnamese enterprises" and "Top 500 largest private Vietnamese enterprises" by Vietnam Report Jsc.
• Honorably being awarded Certificate of Merit for 2012 Excellent Organization by The Governor of the State Bank of Vietnam