Agribank has said that in the first six months of this year it gained good business results with total outstanding loans of 417.312 trillion dong, increasing 2.557 trillion dong (0.6%) from early this year. Also as of June 30, 2011, the lender posted total assets of 487.615 trillion dong, up 12.674 billion dong (2.7 percent [...]
Vietnam Bank for Agriculture and Rural Development (Agribank) has said that till July 2011, it achieved top place in terms of number of ATM machines with 2,100 machines throughout the country, creating conveniences for ATM card users. In Q2 2011, the lender continued to invest in 400 new ATM machines, bringing the total number of [...]
The Vietnamese central bank’s head of monetary policy has been made chairman of the country’s biggest bank, state-owned Vietnam Bank for Agriculture and Rural Development (Agribank), the official media reported. On Wednesday, Nguyen Ngoc Bao was becoming head of Agribank. His predecessor as chairman, Nguyen The Binh, and Agribank’s general director Pham Thanh Tan will [...]
Agribank Financial Leasing Company No.2, a subsidiary of the state-owned Vietnam Bank for Agriculture and Rural Development, made a loss of VND3 trillion (US$143.3 million) in 2009, the State Audit of Vietnam has reported. The amount represents more than eight times its chartered capital. The SAV also detected a loss of around VND4.6 trillion last [...]
As reported by the Vietnam Bank for Agriculture and Rural Development (Agribank), its card operations have posted good growth with about over 2.15 million, rising 51 percent against December 31, 2009, higher than the average growth of Vietnam’s card market (33 percent), bringing the total number of card issued by Agribank to 6.38 million units [...]
The State Bank of Vietnam, the country’s central bank, on Jan 30 signed Decision 214/QD-NHNN approving Agribank to be transformed to a one member limited company whose 100% charter capital is held by the State. Accordingly, the administration of Agribank includes a board of director, supervisory board, a general director. The bank will have to [...]
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