Trisha Shetty

Vietnam Bank for Agriculture and Rural Development

Updated on
Share on FacebookTweet on TwitterShare on LinkedIn
Type  State-owned
Net income  $154 million USD
Headquarters  Hanoi, Vietnam
Key people  Tiet Van Thanh, CEO
Total assets  $36,34 billion USD
Founded  26 March 1988, Vietnam
Vietnam Bank for Agriculture and Rural Development httpsuploadwikimediaorgwikipediaen223Agr
Industry  Banking, Finance, Security
Products  Transaction accounts Insurance stock brokerage Investment bank Asset-based lending Consumer finance Trade International payments Foreign exchange
CEO  Tiet Van Thanh (9 Jun 2014–)
Motto  Brings Prosperity to Customers
Subsidiaries  Hanoi Gemstone and Jewelry

03 09 13 agribank vn vietnam bank for agri rural development agribank promo 06 02 06 05 13


The Vietnam Bank for Agriculture and Rural Development or Agribank (Vietnamese: Ngân hàng Nông nghiệp và Phát triển Nông thôn Việt Nam) is the largest commercial bank in Vietnam by total assets. It is a state-owned corporation under a special status. According to a report by the United Nations Development Programme, Agribank is also the largest corporation in Vietnam.

Contents

History

The bank was founded on 26 March 1988, by the then-Council of Ministers of Vietnam as a specialised bank aimed at rural and agricultural development as Vietnam Bank for Agricultural Development. The bank built on the agency network of the State Bank of Vietnam for its branches. On 14 November 1990, it was replaced by the Vietnam Bank for Agriculture by a prime ministerial decision. On 15 November 1996, it was renamed again to Vietnam Bank for Agriculture and Rural Development.

Size

Agribank is the largest bank in Vietnam by most measures: capital, total assets, staff, operating network, and clients. Its capital as of March 2007 was VND 267.000 billion, with an equity of VND 15.000 billion and total assets of almost VND 239.000 billion. The bank operates 2.200 branches nationwide with 30.000 staff.

References

Vietnam Bank for Agriculture and Rural Development Wikipedia


Similar Topics
Baghi Sipahi
Shōgo Arai
Sebastián Manuel Corona Nacarino
Topics