Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).
Moody’s Investors Service has assigned first-time Ba3 deposit and issuer ratings to Vietnam Bank for Agriculture and Rural Development (Agribank).
Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.
The Vietnam Bank for Agriculture and Rural Development (Agribank) has announced that it is likely to reach the highest-ever profit growth rate by the end of the year.
Domestic banks have been expanding their network of branches and transaction offices rapidly in recent years in an effort to increase market share.
Deputy General Director of the Vietnam Bank for Agriculture and Rural Development (Agribank) Pham Toan Vuong has had a working session with representatives from Yanmar, a Japanese agricultural machinery manufacturer.
VOV.VN - A Vietnam Business Club in Cambodia (VBCC) has been launched in Phnom Penh with the presence of Vietnamese Ambassador Vu Quang Minh, representatives of the Committee for Overseas Vietnamese Affairs and the Vietnam-Cambodia Friendship Association and a group of more than 100 businesspeople.
Settling non-performing loans (NPLs) has been easier since the application of Nation Assembly’s Resolution 42 a year ago, but detailed guidance is still needed to make the use of the regulation smoother, industry insiders said.
Farmers who purchase agricultural machines of Tata International Vietnam Company Limited will be supported by the Vietnam Bank for Agriculture and Rural Development (Agribank).
Jetstar Pacific is now Vietnam’s first low-cost airline to apply QR code technology, allowing cardless payments for online ticket bookings.
The Vietnam Bank for Agriculture and Rural Development (Agribank) aims to maintain its status as the leading commercial bank in Vietnam in its strategic business orientation to 2025.
The Vietnam Bank for Agriculture and Rural Development (Agribank) is running an import-export assistance package worth VND15 trillion (US$649.46 million) between now and December 20.
The Vietnam Bank for Agriculture and Rural Development (Agribank) has so far provided more than VND5.1 trillion (US$219.3 million) in soft loans for hi-tech agricultural projects across Vietnam.
The Vietnam Bank for Agriculture and Rural Development (Agribank)’s branch in Quang Ngai has funded VND5 billion (US$219,750) for the central coastal province to upgrade the Ly Son kindergarten to meet national standards.
The State Bank (SBV) said the process of converting 70 million magnetic cards into chip cards needs to be accelerated to prevent Vietnam from becoming the favorite destination for card crimes.
Recent surges in transactions and withdrawal fees at a number of commercial banks went against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
With several local lenders raising fees for cash withdrawals at ATMs, the State Bank of Vietnam is stepping in to slow the ‘fee hike’ race.
Prime Minister Nguyen Xuan Phuc on March 26 asked the Vietnam Bank for Agriculture and Rural Development (Agribank) to strive to become one of the leading commercial banks in the region.
The Ministry of Planning and Investment (MPI) has just asked the Government to handle the state-owned enterprises (SOEs) which failed to disclose their business information in 2017 in line with the Government’s Decree 81/2015/ND-CP issued in September 2015.
Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of Vietnam Bank for Agriculture and Rural Development (Agribank) at B with a positive outlook.
