Prosperity and Development Commercial Joint Stock Bank (PGBank, Stock Code: PGB, UPCoM) has announced the transaction results of the additional share offering exercised by Board Member Dinh Thanh Nghiep.
Accordingly, from November 10 to 17, 2025, Mr. Dinh Thanh Nghiep did not purchase any of the 4.6 million registered shares.
The reason for the incomplete transaction is due to the individual’s lack of purchasing demand at this time. Therefore, Mr. Dinh Thanh Nghiep maintains ownership of 5.64 million shares.
During the same period, Mrs. Nguyen Bach Mai, Mr. Dinh Thanh Nghiep’s spouse, also did not purchase any of the 162,791 registered shares.
The reason for the incomplete transaction is due to the individual’s lack of purchasing demand at this time. Therefore, Mrs. Nguyen Bach Mai maintains ownership of 1,998,966 shares.
PGBank is offering 450 million shares to existing shareholders. The rights issue ratio is 10:9, meaning shareholders holding 10 shares can purchase an additional 9 new shares.
The offering price is VND 10,000 per share, with PGBank expected to raise VND 4.5 trillion, increasing its charter capital to VND 10 trillion.
Recently, the bank extended the transfer period for purchase rights, subscription registration, and payment until December 15, 2025, from the initial deadline of November 17, 2025. This adjustment aims to provide shareholders with additional time to exercise their purchase rights as per regulations.
Previously, on October 20, PGBank completed the distribution of 49.99 million dividend shares to 9,599 shareholders, increasing its charter capital to VND 5.5 trillion.
In terms of business performance, according to the Q3/2025 financial report, PGBank recorded pre-tax profit of VND 212 billion, 2.7 times higher than the same period in 2024.
During the period, net interest income reached VND 466 billion, up 12%. Net profit from investment securities trading was approximately VND 80 billion, compared to none in the same period last year. Foreign exchange and other business activities also saw strong growth. However, service revenue decreased from nearly VND 9 billion in the previous period to over VND 5 billion in this period.
Improved business segments helped PGBank achieve VND 363 billion in net profit from business activities, a 62.3% increase year-on-year. Nonetheless, the bank slightly increased its credit risk provisioning to VND 150 billion.
For the first nine months of the year, PGBank’s net interest income was VND 1,396 billion, up 13.4%. Meanwhile, credit risk provisioning expenses rose 47% to VND 430 billion.
As a result, nine-month pre-tax profit reached VND 497 billion, a 44% increase compared to the same period in 2024, but still far from the VND 1,001 billion profit target approved by the Annual General Meeting.
As of September 30, 2025, PGBank’s total assets reached VND 79,838 billion, a 9.3% increase since the beginning of the year.
Customer deposits increased slightly by 2.4% to VND 44,376 billion. Outstanding loans to customers stood at VND 44,349 billion, up 7.5% since the beginning of the year.
Regarding loan quality, PGBank’s total non-performing loans were VND 1,708 billion. Of this, potentially irrecoverable debts accounted for nearly half at VND 812 billion, doubtful debts at VND 481 billion, and substandard debts at VND 415 billion.
Ha Ly
CEO of UNI Seeks to Fully Divest Company Shares
Just one day after a series of leaders and their relatives registered to fully divest, Mrs. Vu Thi Nhu Mai, CEO of Sao Mai Vietnam Investment and Development JSC (HNX: UNI), has also registered to divest her entire stake.
Vingroup: Special Shareholder Group Emerges, Holding 58% of Capital
On November 18th, Vingroup announced it had dispatched opinion ballots to 31,273 shareholders, representing ownership of nearly 3.85 billion shares.
“Purple-Chip” Stock on HoSE Surges, Price Skyrockets Multi-Fold in Just Six Months
The driving force behind this price surge stems from Nam Việt’s impressive business performance.
KIS Vietnam Finalizes Share Offering Plan to Raise Capital Beyond 4.5 Trillion VND
KIS Vietnam’s shareholders have approved adjustments to the plan for issuing 78.9 million shares to existing shareholders, targeting a capital increase exceeding 4.5 trillion VND.
Chapter Yang Corp Plans to Offer Nearly 53 Million Shares to Double Its Chartered Capital
Chương Dương Corp is set to offer nearly 52.8 million shares to existing shareholders at a price of 10,000 VND per share, aiming to raise its chartered capital to approximately 1,055.5 billion VND.
