Under the signed cooperation agreement, Shinhan Bank will be PJICO's preferred banking partner when PJICO needs loans, refinancing, or credit extensions. Simultaneously, Shinhan Bank will widely distribute PJICO's non-life insurance products, including property, engineering, fire, motor vehicle, cargo, and health insurance, to Shinhan Bank's customers nationwide.

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The strategic collaboration between these two major financial and insurance institutions not only helps businesses on both sides effectively leverage existing business platforms but also provides customers with access to diverse, convenient, and secure insurance products.

Shinhan Bank and PJICO will also collaborate extensively in implementing cash flow management, foreign exchange, and derivatives trading solutions to optimize financial efficiency and promote the growth potential of both parties.

Speaking at the cooperation signing ceremony, Mr. Ryu Je Eun, Deputy General Director of Shinhan Bank Vietnam, shared: “The cooperative relationship between Shinhan Bank and PJICO is built on trust, respect, and a shared vision for the future. We believe that the close combination of expertise, resources, and determination from both sides will take this cooperation further and achieve significant success in the future. Through this, we will not only provide customers with superior financial solutions but also contribute positively to the sustainable development of the economy and the community.”

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Mr. Ryu Je Eun, Deputy General Director of Shinhan Bank Vietnam, delivered a speech at the signing ceremony.

Ms. Nguyen Thi Huong Giang, General Director of PJICO, emphasized: “Today's cooperation agreement marks an important milestone in PJICO's development strategy, especially as PJICO is about to celebrate its 30th anniversary. This cooperation not only opens up opportunities for deeper development between the two parties but also brings to the market comprehensive financial and insurance products and services, enhancing convenience and diversity for customers. At the same time, this combination will optimize business value and strongly leverage the advantages of PJICO and Shinhan Bank, helping both parties streamline processes, minimize operating costs, improve operational efficiency, and increase competitiveness in the market.”

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Ms. Nguyen Thi Huong Giang - General Director of Petrolimex Insurance Corporation (PJICO) speaking at the signing ceremony.

With over 30 years of development history and a solid reputation in the Vietnamese market, Shinhan Bank is one of PJICO's comprehensive partners in providing quality financial products and services, effectively meeting the business financing needs of enterprises.

From PJICO's perspective, as the leading non-life insurance brand in Vietnam, for the past 30 years, PJICO has been a reliable insurance partner and financial support for thousands of organizations, businesses, and tens of millions of individual customers nationwide. Choosing PJICO as a strategic partner affirms Shinhan Bank's confidence in PJICO's financial strength, management experience, and development capabilities, demonstrating its ability to effectively support partners in optimizing business value, thereby creating strong synergies in collaborative projects.

The Dinh