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Agribank

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Agribank profit drops due to pandemic

Agribank profit drops due to pandemic

Pre-tax profit of Agribank, one of the ‘Big 4’ state-owned lenders, fell nearly 9 percent last year to VND12.87 trillion ($561.1 million).
‘Big 4’ banks low on capital, could stop lending

‘Big 4’ banks low on capital, could stop lending

Vietnam’s four major state-owned banks might have to stop lending due to their low capital adequacy ratios, a central bank official has warned.
December 03, 2019 | 12:01 pm GMT+7
Agribank gets green light for $218 mln bond issuance

Agribank gets green light for $218 mln bond issuance

The State Securities Commission has approved a VND5 trillion ($218 million) non-convertible bond issue by state-owned lender Agribank.
August 10, 2019 | 08:28 am GMT+7
Government to shed stakes in wholly-owned Agribank

Government to shed stakes in wholly-owned Agribank

Agribank’s IPO might be approved in October though it will not be happen until 2020.
August 31, 2018 | 11:02 am GMT+7
Fitch upgrades Vietnamese banks’ ratings thanks to positive outlook

Fitch upgrades Vietnamese banks’ ratings thanks to positive outlook

The global rating agency has credited major banks for higher capital levels and asset quality improvement.
March 02, 2018 | 11:50 am GMT+7
Vietnamese man arrested day after $44,000 bank heist

Vietnamese man arrested day after $44,000 bank heist

The armed robber was carrying a gun and a fake grenade, according to police.
January 29, 2018 | 11:09 am GMT+7
Vietnam's PM signs off on more state-owned company sales

Vietnam's PM signs off on more state-owned company sales

The conglomerates involved in this fresh round of sell-offs include Agribank and coal mining group Vinacomin. 
January 06, 2017 | 07:30 pm GMT+7
Big banks slash loan rates to help fishermen amid mass fish deaths

Big banks slash loan rates to help fishermen amid mass fish deaths

Several banks have taken measures to support fishermen along central coastal areas following mass fish deaths.
May 04, 2016 | 06:03 pm GMT+7
Vietnam banks slash loan rates to boost domestic business

Vietnam banks slash loan rates to boost domestic business

Commercial banks have trimmed lending rates for businesses, putting a cap of 10 percent rate on medium and long-term loans, after the Prime Minister promised the business community a more favorable environment at a meeting on Friday.
April 29, 2016 | 02:34 pm GMT+7
 
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