Agribank aims to maintain top commercial bank status
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.
Illustrative image (Source: VNA)
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Agribank has a strategy of bringing capital and banking services to each household and working with the Farmers’ Union, the Women’s Union and the War Veterans’ Association to assist enterprises and households in agriculture and rural development.
For the first time in its lending regulation, Agribank has set rules on providing loans for clients in case they face business risks. It also plans to offer many services to customers such as lending for farmers and small-scale enterprises, and financial proofing.
Riding the trend of the fourth industrial revolution, it has offered such services as money transfer or payment via SMS, and Agribank E-mobile Banking with financial and non-financial transactions on the mobile application.
With a network of 2,300 branches and transaction offices worldwide, Agribank is offering more than 200 banking services in the fields of credit supply, capital mobilisation, domestic and international payment, and e-banking.