PGBank Rises to Fifth Among Vietnamese Banks by Demand Deposit Ratio
As of the end of September 2026, demand deposits accounted for 21.4% of PGBank’s deposits, placing it fifth among 28 Vietnamese banks surveyed, ahead of BIDV and ACB. The ratio rose at only eight of the banks in the first nine months of the year; the average for all 28 was about 15.1%.
As of September 30, 2026, demand deposits accounted for 21.4% of PGBank’s deposits, ranking fifth among the 28 Vietnamese banks surveyed, above ACB’s 21%, BIDV’s 19.9% and Sacombank’s 19%. The ranking is based on demand deposit data from the banks’ third-quarter 2026 financial reports and excludes margin deposits and deposits earmarked for specific purposes.
MB led with a demand deposit ratio of 32.8%, followed by Vietcombank at 31.8%, Techcombank at 31.1% and VietinBank at 22.7%. Although PGBank had a smaller customer deposit base than several higher-ranked banks, its demand deposit ratio placed it in the top five.
PGBank’s demand deposit ratio rose 3.45 percentage points from the end of 2025, the second-largest increase among the 28 banks after Sacombank’s 4.03 percentage points. By the end of the third quarter of 2026, the ratio had risen from its end-2025 level at only eight of the 28 banks and fallen at the other 20. MSB recorded the largest decline, at 7.73 percentage points. The average ratio across the 28 banks was about 15.1%, below its end-2025 level.
By demand deposit balance, Vietcombank led a separate group of 29 banks with VND 566.126 trillion at the end of the third quarter of 2026. BIDV and VietinBank held VND 469.744 trillion and VND 440.773 trillion, respectively, while MB and Techcombank held VND 326.389 trillion and VND 205.336 trillion, respectively.
Source: VietVance
