“Rumors of PGBank Phu Thuy’s Leadership Going Bankrupt and Being Arrested Are False, Police Are Investigating to Take Action Against Those Spreading Misinformation”

In the afternoon of September 13, 2024, in Duong Xa and Duong Quang communes, Gia Lam district, there were rumors about the arrest of the leader of PGBank Phu Thuy branch in Gia Lam district due to bankruptcy. This misinformation had a negative impact on public opinion. Some customers gathered at the transaction office and PGBank branch in Long Bien district and Gia Lam district to withdraw their deposits.

According to the Hanoi Police, this information is inaccurate and affects the image and reputation of PGBank, as well as the interests of depositors in the area. Currently, all activities at PGBank in Long Bien district and Gia Lam district are operating normally and absolutely safely, fully complying with the provisions of the law and the State Bank of Vietnam.

Mr. Nguyen Quoc Huy, Deputy Director of the State Bank’s Hanoi Branch, and Mr. Pham Thang, Chairman of PGBank’s Board of Directors, met and dialogued with some customers and affirmed that the deposits of customers at PGBank are guaranteed according to regulations.

The city police have directed the Economic Security Department to coordinate with the Cyber Security and High-tech Crime Prevention Department, Gia Lam District Police, and functional units to verify and clarify the case to strictly handle the subjects that deliberately spread false information, affecting security and order.

Hanoi Police requested that people be cautious and vigilant when writing and sharing inaccurate information, avoiding causing public confusion and negatively affecting security and order in the area, as well as the interests of depositors and the image and reputation of the bank. Cases of sharing misinformation will be strictly handled in accordance with the law.

Earlier, in the morning of September 14, the Bank for Prosperity and Development (PGBank) sent a document to the Police of Gia Lam District, Hanoi, requesting the initiation of a criminal case regarding the spreading of false rumors related to the activities of PGBank in the area, which affected the image and reputation of the bank and caused losses to the deposits of local people.

According to the bank, recently, some inaccurate rumors have appeared, causing confusion among some PGBank customers in Gia Lam district, Hanoi. PGBank has reported the situation to the State Bank of Vietnam (SBV) for guidance and coordination with functional agencies to handle the false information.

PGBank is working with the police regarding the request to receive the case for investigation and tracking down the subjects providing misleading information that causes social disorder and affects the interests of depositors. This issue is being seriously handled to ensure a safe and transparent financial environment.

A representative of PGBank shared: “The bank regrets the incident and affirms that all activities at the bank are operating normally and safely, fully complying with the provisions of the law and the SBV. At the same time, we always commit to comprehensively protecting the interests of our valued customers.”