PG Bank reported a pretax profit of VND608 billion in 2011.
This represents 108.5% of its full-year target and a doubling of its VND293 billion in 2010.
The lender has total assets of VND17.889 trillion as of the end of 2011, total deposits of VND10.927 trillion, down 22% from 2010 and total outstanding loans of VND12.112 trillion, up 11% on year.
At present, PG Bank or Petrolimex Group Commercial Joint Stock Bank has a network of 74 transaction counters nationwide. This year, the bank plans to open another 38 branches and transaction offices.
Do you know more about this story? Contact us anonymously through this link.