PGBank's pre-tax profit in the first 6 months of 2025 increased by nearly 35% compared to the same period in 2024

At the end of the first half of 2025, the business results of Prosperity and Development Joint Stock Commercial Bank (PGBank) achieved many outstanding results, pre-tax profit in the first 6 months of the year reached 284 billion VND, an increase of nearly 35% over the same period in 2024.

Accordingly, PGBank has just announced its financial report for the second quarter of 2025, with total assets increasing by 7.6% compared to the end of 2024, reaching VND 78,553 billion. Pre-tax profit in the first 6 months of 2025 reached VND 284.3 billion, up 35% over the same period in 2024. Outstanding credit reached VND 45,436 billion, up 9.4% compared to the end of 2024. Market 1 mobilization reached VND 46,726 billion, up 7.8% compared to the end of 2024.

Total net revenue in the first 6 months reached VND 1,074 billion, up 31.9% over the same period in 2024, mainly due to growth in loan scale and non-interest revenue growth. The investment portfolio grew further, in addition to government bonds, it also invested in certificates of deposit, so net interest revenue grew. Non-interest revenue in the first 6 months reached VND 152 billion, up more than 100% over the same period, mainly due to increased revenue from disbursement and foreign currency trading activities. Guarantee and insurance activities increased slightly. Revenue from using reserves improved slightly when acquiring some large customers that have existed for many years. Revenue in the first 6 months of the year reached VND 65.4 billion, up 41.2 billion over the same period in 2024.

In addition, PGBank continues to upgrade the facilities for branches and transaction offices according to new identification standards, by relocating and opening 3 new transaction points in Bac Sai Gon, Dong Da, and Co Loa, to improve service quality, contribute to enhancing the experience, increasing customer satisfaction and trust with PGBank.

Source: PGBank

Source: https://phunuvietnam.vn/loi-nhuan-truoc-thue-6-thang-dau-nam-2025-cua-pgbank-tang-gan-35-so-voi-cung-ky-nam-2024-20250718141944769.htm