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Smallest commercial bank in Vietnam may change hands
Petrolimex, the largest petroleum distributor, has got the nod from the State Bank of Vietnam (SBV) to divest from PG Bank. It now holds 120 million shares of the bank, or 40 percent of capital.
Petrolimex pushes for PGBank-HDBank merger before Aug 31
Petrolimex, which holds a 40% stake in the Petrolimex Group Commercial Bank (PGBank), sought to complete the merger between PGBank and the HCMC Development Bank before August 31, said the Vnexpress website.
PGBank, HDBank merger could finish in June 2020
PGBank was previously planned to partner with Vietinbank, but the deal fell through in late April 2018.
Vietinbank, PG Bank could merge in first quarter 2016
VietNamNet Bridge – Vietinbank and PG Bank did not finalise procedures to merge in 2015 as planned, according to Vietinbank's chairman Nguyen Van Thang.
VietinBank to announce PG Bank merger plan soon
The Viet Nam Bank for Industry and Trade (VietinBank) will soon announce its plan to merge with the Petrolimex Group Commercial Joint Stock Bank (PG Bank).
