On behalf of the leaders, staff and employees of Agribank, comrade Pham Toan Vuong - Deputy Secretary of the Party Committee in charge of the Party Committee, Member of the Board of Directors, General Director reported to the working delegation the results that the whole system has strived to achieve in 2024. Accordingly, in 2024, despite operating in a context where the economy is facing many difficulties due to the impact of global geopolitical fluctuations, natural disasters, storms and floods in the country... Agribank still maintains stability and develops business activities, effectively supports people and businesses to overcome difficulties, restore production, actively contribute to promoting economic growth and stabilizing the financial and monetary system, continuing to affirm its position as a leading commercial bank, making important contributions to the socio-economic development of the country, especially the agricultural, rural and farmer sectors.
Deputy Governor of the State Bank Pham Quang Dung gave a speech at the spring meeting of At Ty 2025.
In 2024, Agribank will fully complete the business plan targets assigned by the State Bank, with total assets of Agribank reaching VND 2.2 million billion, an increase of nearly 10%; capital reaching over VND 2 million billion, an increase of 7.6%; outstanding loans to the economy reaching over VND 1.7 million billion, an increase of 11%, of which 65% of outstanding loans will serve the development of "Tam Nong". In 2024, Agribank will be provided with an additional VND 17,100 billion in charter capital from the State budget as planned, raising the total charter capital to VND 51,600 billion, contributing to improving financial capacity and creating a premise for sustainable development in the next period.
In the context of slow credit growth in the first months of the year due to the general impact of the economy, with the close direction of the State Bank, Agribank focused on drastically and synchronously implementing many solutions to promote safe and effective credit growth, focusing on production and business, priority areas, and growth drivers. Agribank continued to effectively implement 07 policy credit programs, national target programs on new rural construction, and sustainable poverty reduction. Agribank implemented many rounds of lending interest rate reduction, seriously publicized interest rates according to the direction of the State Bank; implemented 17 preferential interest rate credit programs with a total scale of 457 trillion VND for customer groups. Accordingly, credit growth in 2024 is higher than the target set at the beginning of the year and much higher than the growth rate in 2023.
At the meeting, Deputy Governor Pham Quang Dung emphasized: In 2024, with many unprecedented difficulties and challenges, with great efforts of the entire political system, the country has achieved outstanding results in many fields; controlling inflation, maintaining macroeconomic stability in the context of strong world fluctuations and many difficulties and challenges; ensuring social security; people's lives continue to improve. The State Bank has proactively operated flexible monetary policy, closely following major fluctuations in the world economy, contributing to controlling inflation, stabilizing the macro economy and maintaining major balances. The banking industry has actively issued many policies to promote digital transformation, ensure information security, and make efforts to reform administration, aiming to serve the people. Thanks to synchronous and drastic solutions, 2024 marks an important year of success for the banking system, highly appreciated by the Party, State, Government and domestic and foreign organizations.
Comrade Pham Toan Vuong - Deputy Secretary of the Party Committee in charge of the Party Committee, Member of the Board of Directors, General Director spoke at the spring meeting of At Ty 2025
Deputy Governor Pham Quang Dung acknowledged and highly appreciated the efforts of the entire Agribank system, which have significantly contributed to Agribank's success in 2024; continuing to maintain its key and leading role in implementing monetary policy, investing in the development of the agricultural economy, farmers, and rural areas; make important contributions to the overall results of the banking industry in 2024. He suggested that in 2025, the entire banking system, including Agribank, continue to perform well the tasks assigned in Resolution No. 01/NQ-CP of the Government, Directive No. 01 of the State Bank and 8 key tasks of the banking industry emphasized by the Prime Minister at the spring meeting of the banking industry in 2025, striving to excellently complete the 2025 plan. He suggested that Agribank continue to affirm its key, active and proactive role in implementing major policies of the Government and the State Bank; strive to comprehensively complete the goals and targets of the restructuring plan associated with bad debt settlement for the period 2021-2025; Resolution of the 10th Congress of Agribank Party Committee, term 2020 - 2025 and the Agribank Development Strategy Project to 2025, with a vision to 2030; continue to implement the equitization plan; ensure to improve the lives of officials and employees and care for the community and society. Deputy Governor Pham Quang Dung sent New Year wishes to all leaders, officials and employees of Agribank for another year of successful implementation of the tasks assigned by the Government and the State Bank.
Comrade Pham Toan Vuong - Deputy Secretary of the Party Committee in charge of the Party Committee, Member of the Board of Directors, General Director, on behalf of more than 40,000 officers and employees in the entire system, thanked the State Bank for its attention and support for Agribank over the past time. Entering 2025, Comrade Pham Toan Vuong affirmed that the entire Agribank system will continue to closely follow the direction and orientation of the State Bank, determined to make efforts to comprehensively complete the set targets and plans, promptly deploy 8 groups of tasks assigned by the Prime Minister to the banking sector, and seriously implement the recommendations and directions of the Deputy Governor at today's working session.
Deputy Governor of the State Bank Pham Quang Dung and leaders representing a number of units under the State Bank, the Board of Members, and the Executive Board of Agribank took a souvenir photo.
In 2025, continuing the achievements, with the attention and direction of the Party, State, Government, National Assembly, State Bank; the companionship and support of the Ministries, Central Committees, branches, local Party committees and authorities; the solidarity and sharing from millions of customers and partners, promoting the internal strength of the entire system, Agribank continues to develop safely and effectively, determined to fulfill the highest assigned goals and plans, contributing with the banking industry to make important contributions to the socio-economic development of the country, creating a solid foundation with our country ready to enter a new era of the nation.
Source: https://www.agribank.com.vn/vn/ve-agribank/tin-tuc-su-kien/tin-ve-agribank/hoat-dong-agribank/lanh-dao-ngan-hang-nha-nuoc-tham-va-chuc-tet-agribank-nhan-ngay-lam-viec-dau-tien-cua-nam-moi-at-ty-2025
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