On Tuesday, the headquarters of the Da Nang branch of the Petrolimex Group Commercial Joint Stock Bank (PG Bank) officially moved to the 1^st floor of the Petrolimex Da Nang building at 122 on 2 September street from its former location on Nguyen Van Linh street.

During his speech at the opening event, the Vice Chairman of the municipal People’s Committee, Mr Vo Duy Khuong, applauded PG Bank Da Nang’s remarkable achievements over recent years.  In addition, he asked the bank to offer more preferential credit packages for local businesses to help them overcome their current difficulties.  He also took the opportunity to encourage PG Bank Da Nang to join efforts with the local banking sector to boost their development and make Da Nang a financial hub in the central region, and in the nation as a whole.    

Since its establishment in late 2007, PG Bank Da Nang has recorded many remarkable achievements in capital mobilisation, credit growth and after-tax profits.  Most notably, the bank has seen a significant decrease in its bad debts, and it has become actively involved in the city’s social welfare activities.