PG Bank

Vietnam Financial services

PG Bank was originally established as a rural bank located in the Mekong Delta providing financial services to farmers and agricultural companies. It is now licensed as an urban bank as well, enabling it to provide a full range of banking and other financial services to customers throughout Vietnam.

We are invested in PG Bank through VI (Vietnam Investments) Fund II LP, which is managed by Vietnam Investments Group. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries:
Vietnam
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
VI (Vietnam Investments) Fund II LP
Fund Manager:
Vietnam Investments Group
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
April 2012