Affirming its position as a leading commercial bank.

After five years of diligently cultivating new values, Agribank Ha Tinh II Branch has quickly established itself as a leading commercial bank. This achievement further strengthens the branch's resolve and capabilities to continue seizing opportunities and reaching new goals.

After five years of diligently cultivating new values, Agribank Ha Tinh II Branch has quickly established itself as a leading commercial bank. This achievement further strengthens the branch's resolve and capabilities to continue seizing opportunities and reaching new goals.

The Vietnam Agricultural and Rural Development Bank (Agribank) Ha Tinh II Branch was established on November 1, 2018, based on the separation from Agribank Ha Tinh Provincial Branch, with a network of 19 transaction points (1 head office, 6 type II branches and 12 transaction offices with 248 officers and employees).

As a relatively new establishment, Agribank Ha Tinh II Branch faced the challenge of simultaneously establishing itself as a strong financial institution – Agribank – while striving to compete with the rapidly growing commercial banks in the area. Over the past five years, the branch has diligently, dynamically, and creatively cultivated new values, building a unique and unmistakable brand.

The headquarters of Agribank Ha Tinh II Branch has been invested in and built to be spacious and modern.

Agribank Ha Tinh II Branch is building a leadership team that is dedicated and capable, ready to take the lead.

The staff and employees of Agribank Ha Tinh II Branch are professional, responsible, and dedicated to the Agribank brand.

Mr. Vo Van Nhat – Director of Agribank Ha Tinh II Branch recalled: “In the early days of its establishment, the branch faced many difficulties such as: small network, capital scale, loan balance and services; a shortage of staff; business operations affected by the global and domestic economic recession... Against this backdrop, Agribank Ha Tinh II Branch quickly reorganized its structure, built a leadership team with dedication and vision, along with a professional, responsible, and dedicated workforce committed to the Agribank brand.”

With the business philosophy "Agribank brings prosperity to customers," Agribank Ha Tinh II Branch always plays a pioneering role, seriously and effectively implementing monetary policies, especially credit policies for agricultural and rural development. Through many innovative and practical approaches, capital from credit policies is quickly delivered to people by Agribank Ha Tinh II Branch, such as: loans to support the reduction of losses in agriculture according to Decision 68/2013/QD-TTg of the Prime Minister, loans to support rapid and sustainable poverty reduction according to Resolution 30a/2008/NQ-CP of the Government..., making a significant contribution to the stability and economic development of the province.

Agribank Ha Tinh II Branch is constantly improving the quality of its services.

Agribank Huong Khe credit officers check the purpose of the customer's use of the funds.

In implementing monetary policies during the 2020-2021 period, Agribank Ha Tinh II Branch faced challenges as the majority of its customers were severely impacted by the COVID-19 pandemic. This reality posed the "problem" of how the branch could both ensure safe and effective credit operations while supporting customers in overcoming difficulties.

“In addition to complying with industry mechanisms and policies, the branch has proactively structured many interest-subsidized loan packages to share the burden with customers, such as: the VND 300 billion loan package (2020), the VND 500 billion loan package (2021), the VND 100,000 billion loan package (2021, 2022), the VND 500 billion loan package (2023)... These “low-cost” credit packages have become a “lifeline” for people and businesses to continue reinvesting in production, business, and consumption amidst surrounding challenges. Besides providing capital, the branch also helps customers recover from the “shock” with many solutions such as: restructuring repayment terms, reducing lending interest rates... Especially in 2023, due to the impact of economic inflation and high interest rates, Agribank Ha Tinh II Branch accepted sacrificing profits to cooperate with the State Bank of Vietnam and other banks.” "Large-scale trade maintains stability and soundness in the credit market," said Mr. Vo Van Nhat, Director of Agribank Ha Tinh II Branch.

Agribank Ha Tinh II Branch proactively provides capital to businesses for investment and development.

Agribank Ha Tinh II Branch regularly organizes prize-winning savings programs, attracting idle funds from the population.

Agribank Ha Tinh II Branch is a "facilitator" for many high-tech agricultural models.

Mr. Tran Van Binh – Director of Khanh Mon Construction Co., Ltd. (Ha Tinh City) shared: “Choosing the ‘big path,’ Agribank Ha Tinh II Branch continuously improves service quality, simplifies loan procedures, and improves lending models and methods. The branch's capital flow supports businesses in their development. During the COVID-19 pandemic, Agribank Ha Tinh II Branch provided additional resources for businesses to invest in recovery and development.”

Over the past five years, Agribank Ha Tinh II Branch has leveraged its potential and strengths in network, financial resources, customer base, and the reputation of the Agribank brand to build, research, develop, and provide customers with the best products and services. Constantly innovating, placing faith in creativity, and empowering the younger generation in business strategy development, the branch has made solid and breakthrough strides in credit growth, successfully fulfilling its mission of investing in the development of agriculture, rural areas, and farmers. After five years of operation, Agribank Ha Tinh II Branch has achieved its goals as outlined in its establishment plan, with all business indicators showing high growth.

Agribank Ha Tinh II Branch currently ranks third in terms of capital market share and first in terms of outstanding loan market share in the region.

As of September 30, 2023, the branch's capital and outstanding loan balance reached over VND 26,640 billion, an increase of VND 14,717 billion since its establishment, representing a 123% growth rate. Of this, total mobilized capital reached over VND 13,145 billion (an increase of VND 7,299 billion, a growth rate of 125%), total outstanding loans reached over VND 13,495 billion (an increase of VND 7,418 billion, a growth rate of 122%), with agricultural and rural lending accounting for 85% of total outstanding loans to 45,000 customers); and service volume reached VND 45 billion (an average growth rate of 10%). The non-performing loan ratio consistently remained below the permissible level, and employee income was always ensured. Agribank Ha Tinh II Branch currently ranks third in terms of capital market share and first in terms of outstanding loan market share in the region.

Agribank Ha Tinh II Branch dedicates significant resources to social welfare activities...

...and organized many meaningful activities.

Beyond its business achievements, Agribank Ha Tinh II Branch also dedicates significant resources to social welfare, demonstrating its responsibility as a community-oriented, compassionate, and sharing bank. Its charitable and humanitarian work is prominent annually with a series of meaningful activities such as: donating houses for needy families, "Tet for the Poor," donating breeding cattle to disadvantaged families, and the "More Literacy, Less Poverty" program. Over the past five years, the branch has spent nearly 30 billion VND supporting local communities in building infrastructure, improving the quality of education and healthcare, and enhancing the lives of the people.

Recently, Agribank Ha Tinh II Branch donated 70 breeding cows, worth 910 million VND, to 70 disadvantaged families in the districts of Ky Anh, Thach Ha, Cam Xuyen, Huong Khe, Ky Anh town, and Ha Tinh city. With the motto of giving "fishing rods" instead of "fish," the staff of Agribank Ha Tinh II Branch hope that these families will have a livelihood, gradually improve their production, develop livestock farming, and strengthen their economic capacity. These acts of kindness from Agribank Ha Tinh II Branch have empowered these disadvantaged families to overcome their circumstances and write beautiful stories in everyday life.

Mr. Vo Van Nhat, Director of Agribank Ha Tinh II Branch, attended the ceremony to donate cows to disadvantaged households in Ky Anh district and Ky Anh town.

For the family of Mr. Nguyen Dinh Lam, residing in Hoa Tien village, Ky Hoa commune (Ky Anh town), the healthy breeding cow they recently received as a donation is a significant asset at this time. “My wife is unable to work, and I struggle alone to support our two children's education. Unfortunately, my freelance work means an unstable income, and we don't have anything valuable at home. Now that the bank has donated a breeding cow, I am very happy and will try my best to care for it and raise it to create a livelihood,” Mr. Nguyen Dinh Lam shared.

By linking business with responsibility for the economic development of the province, Agribank Ha Tinh II Branch has received numerous commendations and certificates of merit from the State Bank of Vietnam, Agribank, and the People's Committee of Ha Tinh province. Notably, for four consecutive years (2019-2022), the branch received a certificate of merit from the General Director of Agribank for "Outstanding Performance." This is proof of the correctness and effectiveness of its business strategy, consistency in its leadership and management, and its suitability to the practical situation. These achievements will further strengthen the branch's ability to seize opportunities and create new breakthroughs.

Provincial leaders presented the certificate recognizing Agribank Ha Tinh II Branch as an outstanding enterprise of Ha Tinh in 2023.

Agribank Ha Tinh II Branch has received numerous commendations and certificates of merit from the State Bank of Vietnam, Agribank, and the People's Committee of Ha Tinh province.

Mr. Nguyen Van Trung – Director of the State Bank of Vietnam in Ha Tinh province, assessed: “After 5 years of establishment, Agribank Ha Tinh II Branch has made solid progress. Currently, the branch ranks 3rd in terms of capital market share and is the leading branch in the area in terms of outstanding loan market share. The branch has successfully fulfilled its mission of investing in the development of agriculture, rural areas, and farmers, promoting the agricultural restructuring process. In addition, it has consistently focused on social welfare work, sponsoring and supporting the construction of new rural areas, making important contributions to the socio-economic development of the province.”

Text and photos: Thu Phuong

Design: Thanh Ha

6:28:10:20 23:05:17

Source: https://baohatinh.vn/khoi-nghiep/agribank-chi-nhanh-ha-tinh-ii-khang-dinh-thuong-hieu-ngan-hang-thuong-mai-hang-dau/256349.htm