At the end of the first quarter of 2025, PGBank's business activities had many bright spots.

As of March 31, 2025, PGBank's total assets reached VND 74,890 billion, up 25% over the same period (VND 58,763 billion), and up 2.5% compared to the end of 2024 (VND 73,015 billion). Capital mobilization from market 1 grew steadily, reaching VND 46,717 billion, up 25% over the same period (VND 37,244 billion). Meanwhile, outstanding credit reached VND 45,347 billion, up 29% over the same period (VND 35,186 billion), reflecting PGBank's flexibility in credit management in line with the SBV's orientation.

Human resources is one of the development investment priorities of PGBank.

The bank's total operating income grew positively by 34.4% to VND505.7 billion. Net profit from business activities before credit risk provisioning expenses reached VND242.5 billion, a sharp increase of 53.4% ​​over the same period. Pre-tax profit in the first quarter reached VND95.9 billion, completing 13.4% of this year's provisional plan. The bad debt ratio was controlled at 2.09%, continuing to maintain at a safe threshold.

PGBank continues to promote digital transformation projects to increase operational efficiency, reduce costs and contribute to creating strong development momentum.

Regarding the structure of operating income, PGBank's net interest income increased by 21.4% over the same period, equivalent to an increase of VND80.7 billion, reaching VND458.3 billion. This is also the highest level in many years, thanks to the bank's promotion of customer growth and diversification of revenue sources. Revenue from credit activities accounts for a large proportion, accounting for 90.6% of the bank's total revenue.

Thanks to boosting customer growth and diversifying sources of revenue, PGBank's net interest income increased by 21.4% over the same period.

In addition, non-interest income in the quarter also recorded positive changes due to high growth from service activities, securities investment, foreign exchange and other businesses.

The positive results in the first quarter of 2025 are the result of efforts to build a foundation, strengthen internal resources, and develop the team; at the same time, continue to promote digital transformation projects to increase operational efficiency, reduce costs and contribute to creating momentum for the strong development of PGBank.

Source: https://thoibaonganhang.vn/ket-thuc-quy-12025-hoat-dong-kinh-doanh-cua-pgbank-co-nhieu-diem-sang-163035.html