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Agribank
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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.
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.
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 6, 2017 | 04:30 am PT
Vietnamese man arrested day after $44,000 bank heist
The armed robber was carrying a gun and a fake grenade, according to police.
January 28, 2018 | 08:09 pm PT
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 1, 2018 | 08:50 pm PT
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 30, 2018 | 08:02 pm PT
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 9, 2019 | 05:28 pm PT
‘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 2, 2019 | 09:01 pm PT
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).
January 12, 2021 | 08:36 pm PT
Agribank to sell stake in PVcomBank
Agribank, one of the ‘Big 4’ state-owned lenders, is going to make a competitive offering of 247,500 shares of PVcomBank.
July 14, 2021 | 08:06 pm PT
Agribank climbs into top 3 in profitability stakes
State-owned Agribank has become the third most profitable lender in the country after its first half profits rose by 60 percent to VND15.08 trillion (US$642.3 million).
August 2, 2022 | 09:00 pm PT
Four biggest banks report profits of around $1B each
The profits of the four biggest Vietnamese banks increased sharply in 2022 to around $1 billion each thanks to the highest credit growth in many years.
January 16, 2023 | 01:15 am PT
Government wants Agribank’s capital hiked by 50%
The government plans to increase Agribank’s charter capital by nearly 50% to VND51.43 trillion (US$2.19 billion).
April 25, 2023 | 08:53 pm PT
Disgraced property developer’s loans worth $12.6M to be sold by Agribank
Agribank is auctioning four debts worth a combined VND307 billion ($12.6 million) owed by property developer Tan Hoang Minh’s subsidiaries, all collateralized by rents from a building it owns.
September 27, 2023 | 05:31 am PT
Big 4 banks represent 41.9% of total credit, 50% of total deposits
Vietnam's four largest commercial banks - Vietcombank, BIDV, Agribank and VietinBank (the Big 4) - in 2023 accounted for 41.9% of total outstanding loans and about 50% of the total deposits of the country's banking system.
January 14, 2024 | 02:15 am PT