Three firms to become major shareholders in PG Bank

Three firms to become major shareholders in PG Bank

The State Bank of Vietnam (SBV) has approved the purchase of shares by three companies that will make them major shareholders in private lender PG Bank.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Private lender PG Bank braces for major makeover

Private lender PG Bank braces for major makeover

PG Bank will hold an extraordinary general meeting of shareholders next month for a major makeover including top tier personnel changes and a charter capital hike.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Retired Vietcombank executive appointed acting CEO of PG Bank

Retired Vietcombank executive appointed acting CEO of PG Bank

Vietnamese private lender PG Bank announced Monday the appointment of Pham Manh Thang, former deputy general director of Vietcombank, as its acting general director.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

PG Bank stock auction attracts 16 investors

PG Bank stock auction attracts 16 investors

The PG Bank stock auction has attracted 16 investors interested in buying the 120 million shares up for sale, including nine domestic individuals and seven domestic institutions, according to the Ho Chi Minh City Stock Exchange (HoSE).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrolimex sets offering price for 120 mln PG Bank shares

Petrolimex sets offering price for 120 mln PG Bank shares

Petrolimex, Vietnam's biggest gasoline retailer, will publicly auction 120 million PG Bank shares through the Ho Chi Minh Stock Exchange (HoSE) with a starting price of VND21,300 ($0.89) per share, with proceeds estimated at VND2,556 billion ($107.7 million).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrolimex set to divest from PG Bank

Petrolimex set to divest from PG Bank

Petrolimex plans to divest from private creditor PG Bank via public auction through the Ho Chi Minh Stock Exchange (HoSE).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7