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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. After nearly 20
years of operation, the Bank has developed steadily and succeeded in
building up customers trust. From 2005, with the participation of strategic shareholder, which is Vietnam National Petroleum Group (Petrolimex), PG Bank
experienced outstanding achievements, in terms of both operating scale
and effectiveness. The year 2007 marked a significant development
milestone of PG Bank by the transformation to urban bank model which is
sound step forward on the road to become a leading Vietnamese universal
bank. Products and Services 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. Information SystemThe Internet Banking service of PG Bank has been enhancing continuously in recent years, allowing customers to conveniently make banking transactions on the Bank’s portal with personal information being kept at strictest confidential. To ensure best support possible to all the operations of the Bank, in recent years PG Bank has invested heavily on the information system. At the moment, PG Bank is utilizing FlexCube, the corebanking system provided by Oracle while using the advanced information security system developed by Checkpoint. NetworkUp to now, PG Bank
has a total of 81 branches and transaction offices in Vietnam. The Head Office
of the Bank is located in Hanoi. More detailCorrespondent Bank NetworkPG Bank has increasingly developed correspondent relations with more Financial Institutions all over the world. Up to now, PG Bank has established correspondent relations with about 400 banks all over the world. This enables the Bank to meet the demand for L/C notification to all related countries which have export-import relation with Vietnam. Financial Highlights– Since the
transformation from a rural bank to an urban bank in 2007, PG Bank has
continuously accomplished marvelous achievements.
– The operation scale of the Bank has increased dramatically. Total assets grew
4.1 times in the period of 2007 – 2019, reaching approximately VND 23,000
billion in 30/06/2019.
– While constantly attempting to increase the business scale, PG Bank has also
tried relentlessly to maximize efficiency and profitability. Capital adequacy
ratio always meets the requirement of SBV and international standard (2018:
14.55%).Contact us– North of VietnamHead Office 16th, 23rd & 24th Floor, Mipec Tower, No. 229 Tay Son Street, Nga Tu So Ward, Dong Da District, Hanoi, Vietnam Tel: (+84) 4 6281 1298 Fax: (+84) 4 6281 1299 – Middle of VietnamDa Nang Branch 143 - 145 Nguyen Van Linh, Thanh Khe, Da Nang City, Vietnam. Tel: (+84) 511 368 9777 Fax: (+84) 511 368 9778 – South of VietnamSai Gon Branch 2.5 - 2.8 Phan Xich Long, Ward 3, Binh Thanh, Ho Chi Minh City Tel: (+84) 8 3517 8171 Fax: (+84) 8 3517 8161
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