“PGBank Takes Action Against Misinformation”
On September 14th, the Prosperity and Development Bank (PGBank) announced that it had sent a request to the Gia Lam District Police in Hanoi to initiate a criminal investigation into the spread of false information regarding the bank’s operations in the area. PGBank stated that these actions have negatively impacted the bank’s reputation and caused financial losses for local depositors.
According to PGBank, inaccurate rumors have surfaced, causing concern among its customers in Gia Lam District. The bank has reported the matter to the State Bank of Vietnam for guidance and coordination with relevant authorities to address the issue.
PGBank is working closely with the police, requesting them to take up the case, trace the sources of misinformation, and maintain social order and the interests of depositors. A representative from PGBank assured that the matter is being handled with utmost seriousness to ensure a safe and transparent financial environment.
Misinformation causing concern among PGBank customers in Gia Lam District
PGBank, formerly known as the Dong Thap Muoi Rural Bank, was established in 1993. In 2007, it changed its name to Petrolimex Joint Stock Commercial Bank. In December 2023, PGBank embarked on a new phase with a rebranded identity as the Prosperity and Development Bank.
This recent incident underscores the importance of maintaining accuracy and transparency in financial institutions to protect customers and the integrity of the industry.
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