The mid-year consolidated financial report of the Agricultural and Rural Development Bank of Vietnam (Agribank) reveals that the bank’s collateralized assets surpassed VND 3.5 quadrillion as of June 30, 2025. Compared to the end of 2024, Agribank’s collateralized assets increased by nearly VND 343 trillion, a growth of 11%.
Among Agribank’s collateralized assets, real estate holds the largest share at nearly VND 3.2 quadrillion, accounting for 90% of total secured assets. Movable assets amount to over VND 200 trillion, securities exceed VND 70 trillion, and other secured assets total nearly VND 86 trillion.
With this scale, Agribank holds the largest volume of real estate collateral in the banking system and is the first bank to surpass VND 3 quadrillion in real estate collateral.
In terms of business performance, Agribank concluded the first half of the year with pre-tax profits of VND 13,232 billion, a slight decrease of 0.3% compared to the same period last year.
This result positions Agribank as the sixth most profitable bank, following Vietcombank, VietinBank, BIDV, MB, and Techcombank.
As of June 30, Agribank’s total assets reached nearly VND 2.4 quadrillion, a 6.9% increase from the beginning of the year, securing the third position in Vietnam’s banking system, behind BIDV and VietinBank.
Customer loans grew by 7.6%, reaching nearly VND 1.9 quadrillion. Meanwhile, non-performing loans decreased from VND 29,009 billion at the start of the year to VND 26,593 billion, reducing the non-performing loan ratio from 1.68% to 1.43%.
Vietnam’s First Private Bank Surpasses VND 2,000 Trillion in Collateral Assets: 2/3 Non-Real Estate, Only 1/4 in Property
Unlike other banks that primarily rely on real estate as collateral, this bank distinguishes itself with a unique portfolio where two-thirds of its secured assets are non-real estate collateral.
Agribank Auctions Over VND 2.5 Trillion in Bad Debts Linked to the Billion-Dollar Happyland Project in Long An
On October 2, 2025, Agribank, through its subsidiary Agribank AMC (Debt Management and Asset Exploitation Company), in collaboration with Lam Sơn Sài Gòn Auction Joint Venture, will hold an auction for the debt of three companies associated with the Khang Thông Happyland entertainment complex project. The project is located in Bình Đức Commune, Tây Ninh Province (formerly known as Thạnh Đức Commune, Bến Lück District, Long An Province).
Wanted: Former Chairman of Agribank
The Anti-Corruption, Economic, and Smuggling Investigation Police Department (C03) of the Ministry of Public Security has issued a summons for Nguyễn Thế Bình, former Chairman of the Board of Directors of the Vietnam Bank for Agriculture and Rural Development (Agribank), to surrender himself. This action is part of an ongoing investigation, prosecution, and trial process. By complying, Bình may benefit from the leniency policies outlined in the legal framework.
“Woman Transfers $43,000 to Bank After TikTok Scam, Alert Agribank Staff Notify Police”
Upon receiving a request to transfer 100 million VND, the Agribank teller noticed the customer, Ms. T, displaying signs of restlessness and anxiety, frequently checking her phone. Suspecting she might be a victim of fraud, the teller promptly reported the situation to bank management and contacted local authorities for further investigation and clarification.
“Billions of Dongs in Contributions: Top Banks Honored Among Vietnam’s Largest Tax-Paying Enterprises.”
The 2025 Enterprise Budget Honors ceremony was a resounding success, celebrating the role and contributions of the vibrant Vietnamese business community. Numerous banks were named in the prestigious PRIVATE 100 and VNTAX 200 listings, solidifying their leadership in the financial and banking sectors.
