Building the PJICO brand to become a prestigious non-life insurer with leading service quality in Vietnam.
Petrolimex Insurance Corporation (PJICO) Established on June 15, 1995, PJICO is the first insurer in Vietnam to operate under a joint stock model; in which, Vietnam National Petroleum Group is the founding shareholder with the leading role and leads PJICO's business activities. After 25 years of establishment and development, up to now, PJICO has expanded its total assets, equity and business network nationwide. PJICO's total assets are currently 6,230 billion, equity is 1,502 billion VND, established more than 61 member units in all provinces/cities, built a strong system of organizational and individual agents. In 2018-2019, PJICO was ranked by AM Best with financial capacity of B+ (Good), credit capacity of the issuing organization is BBB-, and the upgrade outlook is Stable. In 2020, PJICO continued to be honored by Vietnam Report in the Top 10 prestigious non-life insurance companies in Vietnam. In 2020: Total revenue reached 4,138 billion VND, up 13% compared to 2019. Highest profit ever, pre-tax profit reached 217 billion VND, up 8.5% compared to 2019.Petrolimex Joint Stock Commercial Bank (PG Bank)
The predecessor is Dong Thap Muoi Rural Commercial Joint Stock Bank, established on November 13, 1993. With Petrolimex becoming a strategic shareholder and accompanying PG Bank for the past 15 years, PG Bank has had strong growth and development: the Bank's current charter capital is 3,000 billion VND, equity is 3,800 billion VND; total assets reach 34,000 billion VND; the Bank has 80 branches and transaction offices operating nationwide; the total number of employees of the Bank is more than 1,600 people.
Charter capital: 3,000 billion VND
Equity: 3,800 billion VND
Total assets: 34,000 billion VND
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