Joint Statement from the U S Department of the Treasury and the State Bank of Vietnam
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Joint Statement From The U S Department Of The Treasury And The State Bank Of Vietnam
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Agribank will accelerate charter capital increase and equitisation in 2021 22:16 | 15/01/2021
Agribank is facing many challenges, especially in increasing its charter capital and conducting equitisation, yet it remains ambitious for 2021.
Speaking at the conference on implementing Agribank s tasks for 2021, Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV) highly appreciated the bank s impressive performance in these unprecedented times.
The state-owned lender Agribank is set to accelerate charter capital increase and equitisation in 2021
In 2020, Agribank also pioneered supporting vulnerable businesses and individuals who were hit hard by the outbreak, with seven interest rates cut, and fees lowered nine times.
Last year saw the bankâs total assets increase by 8 per cent, credit increased by 8.1 per cent, and capital mobilisation increased by 11.3 per cent.