Agribank given Best International Payment award

The Vietnam Bank for Agriculture and Rural Development (Agribank) was given the Best International Payment 2015 award by the UK’s Standard Chartered Bank (SCB). 

Anurag Bajaj, Managing Director and Global Head of Sales for Banks at Standard Chartered , said that with a huge number of transactions in 2015 qualifying for high standards, Agribank could be confident of the quality of its transactions. 

SCB and Agribank established branch-level ties in 1996. Now up to 22 SCB branches in 22 countries have ties with Agribank. 

In 2015 Agribank was restructured. It has maintained business activities and its position as a key lender for agriculture and rural development.
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18 defendants jailed over Agribank financial loss
18 defendants jailed over Agribank financial loss

Thirty-year imprisonment sentences were pronounced during a trial in Hanoi on a corruption case involving over US$107.57 million at a branch of the State-owned Bank for Agriculture and Rural Development (Agribank). 

18 defendants jailed over Agribank financial loss

18 defendants jailed over Agribank financial loss

Thirty-year imprisonment sentences were pronounced during a trial in Hanoi on a corruption case involving over US$107.57 million at a branch of the State-owned Bank for Agriculture and Rural Development (Agribank). 

Corruption case at State-owned Agribank comes to trial
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The Hanoi People’s Court opened the first instance trial on December 21 on a corruption case involving over VND2.425 trillion (US$107.57 million) at a branch of the State-owned Bank for Agriculture and Rural Development (Agribank). 

Corruption case at State-owned Agribank comes to trial

Corruption case at State-owned Agribank comes to trial

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Agribank Branch 7 financial loss case put on trial
Agribank Branch 7 financial loss case put on trial

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Agribank Branch 7 financial loss case put on trial

Agribank Branch 7 financial loss case put on trial

The People’s Court of Ho Chi Minh City on December 16 opened a trial for violators of regulations on lending in credit organisations’ activity and fraudulence at the branch 7 of the Vietnam Bank for Agriculture and Rural Development (Agribank Branch 7).