This strategic partnership lays the foundation for the deployment of tailored financial solutions and optimized cash flow throughout TTC AgriS’s value chain, from farmers and agri-businesses to suppliers and distribution systems.
As part of this collaboration, AgriS and MB will work together to implement end-to-end financial solutions, specially designed by combining Smart Agri (agricultural technology) and Smart Bank (digital banking) to optimize cash flow and support all relevant parties within AgriS’s production-processing-consumption value chain.
Leveraging AgriS’s capabilities in high-tech circular agricultural production and experience in engaging with value chain stakeholders, the two parties will jointly develop and implement specialized financial products for the entire chain. These include short and long-term credit financing for farmers throughout the agricultural investment, cultivation, and harvesting process, as well as credit policies for sales outlets. For supplier and distributor partners, AgriS and MB will offer financial support through methods such as payment guarantees, credit line extensions, and automated/semi-automated disbursements on a digitized integrated operating platform.
Both parties affirm their commitment to a sustainable development strategy, integrating digital financial and agricultural platforms through green banking products and other modern digital financial solutions to serve ESG goals. Notably, MB will develop dedicated Sustainability-linked loans for TTC AgriS, supporting its strategy to join the global FBMC value chain and its net-zero emissions target by 2035.
“This solid foundation will propel us into a new phase of sustainable development for the future. Together, we will create comprehensive financial solutions to maximize resources from both ecosystems, with technology and innovation at the core, serving a diverse range of customers from individuals and businesses to factories, suppliers, and distributors,” emphasized Mr. Pham Nhu Anh, CEO of MB, during the signing ceremony.
Mr. Pham Nhu Anh, CEO of MB
From the strategic partner’s perspective, Ms. Dang Huynh Uc My, Chairman of TTC AgriS, affirmed, “The collaboration between AgriS and MB is not just a synergy between AgriTech and FinTech in building a comprehensive digital financial and agricultural ecosystem, but it also underscores AgriS’s consistent strategic orientation in expanding multi-sectoral linkages, promoting circular green economics, and enhancing sustainable value for all stakeholders in our agricultural value chain.”
Ms. Dang Huynh Uc My, Chairman of TTC AgriS
The strategic collaboration between TTC AgriS and MB marks a significant milestone in the integration of AgriTech and FinTech by leading high-tech agricultural and digital banking enterprises, underscoring their mutual commitment to constructing a comprehensive digital financial and agricultural ecosystem. This concrete step in the Smart Bank – Smart Agri strategy contributes to modernizing the financial system and enhancing the competitiveness of enterprises in Vietnam’s agriculture and food industry.
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