Agribank honored as a Strong Brand of Vietnam 2024

The Vietnam Bank for Agriculture and Rural Development ( Agribank ) has just been honored as one of the Top 10 Strongest Brands in Vietnam 2024.

The Vietnam Economic Times (VnEconomy) recently held an awards ceremony to announce and honor the Strongest Brands of Vietnam 2024.

With the theme "Pioneering Green Investment," the Vietnam Strong Brands 2024 program surveys, evaluates, and honors business brands with outstanding achievements in production, business, trade, and services aimed at green growth and sustainable development.

The evaluation criteria in 2024 will focus not only on the strategies, action programs, and performance of businesses in the process of digital transformation, green transformation, development of energy-saving production models, and prioritization of clean energy use, but also on policies aimed at employees and social responsibility for the community.

A representative from Agribank (second from the right) receives the title of Strong Brand of Vietnam 2024. Photo: Agribank

Over 36 years of construction and development, Agribank has consistently played a pioneering and exemplary role as a leading commercial bank in implementing the policies and guidelines of the Party and State, operating safely and efficiently with total assets exceeding 2.1 trillion VND; capital reaching over 1.95 trillion VND; and outstanding loans to the economy exceeding 1.64 trillion VND. Agribank provides a diverse range of services to meet all customer needs, bridging the gap between rural and urban areas in the use of modern digital banking and financial services.

The Agribank brand has been affirmed by its significant contributions to the investment and development of agriculture, rural areas, and farmers, contributing to the socio-economic development of the country, along with outstanding achievements in green transformation and digital transformation, aiming for sustainable development. As a leading provider of capital and financial services to the economy, especially in the agricultural and rural sectors, Agribank builds its business plan in line with the green economy and circular economy, committed to promoting green growth.

Agribank continues to effectively implement 7 policy credit programs and national target programs. Since 2016, Agribank has pioneered the implementation of a preferential credit program worth 50,000 billion VND to develop clean agriculture for public health, with lending interest rates reduced from 0.5% to 1.5% per year.

Currently, Agribank is urgently finalizing procedures and guidelines for the pilot implementation of a credit program serving the "Sustainable Development of 1 Million Hectares of High-Quality Rice Cultivation and Low Emissions Associated with Green Growth in the Mekong Delta by 2030" project.

As a leading state-owned commercial bank, alongside successfully fulfilling its assigned tasks in implementing monetary policy and investing in economic development, Agribank allocates hundreds of billions of VND each year to sponsor numerous comprehensive and long-term social welfare programs across the country.

Dinh Son

Source: https://vietnamnet.vn/agribank-duoc-vinh-danh-thuong-hieu-manh-viet-nam-2024-2335412.html