Public Bank Vietnam Limited (PBVN) ( Vietnamese: Ngân hàng TNHH MTV Public Việt Nam) is a bank based in

Hanoi Hanoi ( ; ; ) is the Capital city, capital and List of cities in Vietnam, second-most populous city of Vietnam. The name "Hanoi" translates to "inside the river" (Hanoi is bordered by the Red River (Asia), Red and Black River (Asia), Black Riv ...

Vietnam Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...

, offering financial services in Vietnam. It was transformed from VID Public Bank (VIDPB) - a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

between

Bank for Investment and Development of Vietnam BIDV or fully the Joint Stock Commercial Bank for Investment and Development of Vietnam () is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets ($72 billion USD) as of June 2021. According to the United Nation ...

(BIDV) of Vietnam and

Public Bank Berhad Public Bank Berhad () is a bank based in Kuala Lumpur, Malaysia, offering financial services in Malaysia as well as the Asia-Pacific region. The bank was founded in 1966 by Teh Hong Piow, the then general manager of Maybank, Malayan Banking. ...

(PBB) of Malaysia () with equal stake established in May 1992. The transformation completed on March 24, 2016, and the bank officially commenced operations on April 1, 2016.

Background

VIDPB was one of the first joint-venture banks in Vietnam when it was established in May 1992. On July 15, 2014, PBB acquired all BIDV's stake in the joint-venture. On March 24, 2015,

State Bank of Vietnam The State Bank of Vietnam (SBV; ) is the central bank of Vietnam. Organized as a Ministry (government department), ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. As o ...

(SBV) approved in principle that allow VIDPB to transform into a wholly owned subsidiary of PBB. After meeting all SBV's requirements, the bank was officially allowed to transform to Public Bank Vietnam Limited on March 24, 2016. After the transformation, it became the 6th bank with 100% foreign ownership in Vietnam (after HSBC Vietnam Limited, ANZ Vietnam Limited, Standard Chartered Bank Vietnam Limited, Shinhan Bank Vietnam Limited and Hong Leong Bank Vietnam Limited). Its current charter capital is of VND6 trillion. Sea Games Pawnshop Co., Ltd. and pawnshop of Vietnam and partnership

2025 SEA Games The 2025 SEA Games (, , ), officially called the 33rd SEA Games ( , , ) and commonly known as Thailand 2025, is an upcoming international multi-sport event sanctioned by the Southeast Asian Games Federation (SEAGF). The event is scheduled to t ...

and 7 May 2025 and TPBank,

Vietcombank Vietcombank or formally the Joint Stock Commercial Bank for Foreign Trade of Vietnam () is a major commercial bank in Vietnam. Overview Vietcombank's headquarters are located in Hanoi, Vietnam. the bank had 116 branches and 474 transaction ...

Vietinbank The Vietnam Joint Stock Commercial Bank for Industry and Trade (), trading as Vietinbank, is a state-owned Vietnamese bank. As of 2023, it is Vietnam's second-largest bank, with VND 1,800 trillion (around $76 billion) of assets under management. ...

, BIDV, HDBank, Sacombank, MBBank, ACB Stake acquisition ceremony

Operations

PBVN currently has a network of 17 branches, i.e. in

(5),

Haiphong Haiphong or Hai Phong (, ) is the third-largest city in Vietnam and is the principal port city of the Red River Delta. The municipality has an area of , consisting of 8 urban districts, 6 rural districts and 1 municipal city (sub-city). Two o ...

(1),

Da Nang Da Nang or DanangSee also Danang Dragons (, ) is the fifth-largest city in Vietnam by municipal population. It lies on the coast of the Western Pacific Ocean of Vietnam at the mouth of the Hàn River, and is one of Vietnam's most important p ...

(2), Bình Dương (1), Đồng Nai (1) and

Ho Chi Minh City Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigo ...

(7). Besides, it also has 9 transaction bureaus, i.e. in

(2) and

(7). Currently, the bank serves millions of customers in 6 cities / provinces where it operates.

Main competitors

Joint Stock Commercial Bank for Foreign Trade of Vietnam Vietcombank or formally the Joint Stock Commercial Bank for Foreign Trade of Vietnam () is a major commercial bank in Vietnam. Overview Vietcombank's headquarters are located in Hanoi, Vietnam. the bank had 116 branches and 474 transaction ...

(Vietcombank) *

(BIDV) *

Vietnam Bank for Agriculture and Rural Development Agribank or formally the Vietnam Bank for Agriculture and Rural Development () is the largest commercial bank in Vietnam by total under the Ministry of Agriculture and Rural Development. It is a state-owned corporation under a special status ...

(Agribank)

External links

Official website
Banks of Vietnam Banks established in 1992 Companies based in Hanoi 1992 establishments in Vietnam {{Vietnam-company-stub