Mr. Vuong Hong Linh – Agribank’s Vice President speaks after receiving his new role
On August 23, 2024, in Hanoi, the Vietnam Bank for Agriculture and Rural Development (Agribank) held a conference to announce the decision of the Governor of the State Bank of Vietnam regarding Agribank’s senior personnel.
Accordingly, Mr. Vuong Hong Linh, Director of Agribank Dak Lak Province Branch, was appointed by the State Bank as Vice President of Agribank.
Currently, Agribank’s Management Board consists of 9 members, with Mr. Pham Toan Vuong holding the position of General Director. Previously, one of Agribank’s Vice Presidents, Ms. Nguyen Thi Phuong, retired in August 2024.
In terms of business results, Agribank’s consolidated pre-tax profit for the first half of the year reached VND 13,269 billion, down 1.7% compared to the same period last year.
As of June 30, Agribank’s total assets reached VND 2.08 quadrillion, up 1.8% compared to the end of 2023. The bank’s customer lending balance increased by 2.6% to VND 1.59 quadrillion. Customer deposits grew by 0.9%, reaching VND 1.83 quadrillion.
Bank selling off ‘golden land’ related debt – Tan Hoang Minh headquarters.
The bank has just announced the auction of an additional debt of nearly 85 billion VND related to a lease contract at 24 Quang Trung (Hanoi), the headquarters of TAN HOANG MINH Group.
Latest Interest Rates at Agribank in February 2023: Highest Rate for 24-month Term
Interest rates for deposits at Agribank have further decreased in early February 2024 compared to January. Specifically, individual customers’ deposits are subjected to interest rates ranging from 1.7% to 4.9% per annum, while business customers’ deposits are subjected to interest rates ranging from 1.7% to 4.2% per annum.
Deputy Head of Internal Audit Department of SBV appointed Deputy CEO of Agribank
After the new appointments, Agribank’s Executive Board now consists of 9 members, with Mr. Pham Toan Vuong as the CEO.
