AGRIBANK Nam Nghe An Branch: 5 years of development

Agribank Nam Nghe An Branch is growing stronger and stronger, affirming its brand. Photo: TH

Implementing the Agribank restructuring project and reorganizing the network of operations to meet the requirements and tasks of the Vietnam Bank for Agriculture and Rural Development (Agribank) in the new period, on June 18, 2018, the Board of Members of Agribank issued Decision No. 617/QD-HDTV-TCTL and Decision No. 622/QD-HDTV-TCTL on renaming the Branch and adjusting the scope of management and operations of Agribank in Nghe An.

Since July 1, 2018, Agribank Vinh City Branch - Nghe An has been upgraded from a Class 2, Class II Branch to a Class 1, Class I Branch and renamed Agribank Nam Nghe An Branch. Agribank Nam Nghe An Branch is assigned to manage and operate all activities of the District Branches: Do Luong, Hung Nguyen, Thanh Chuong, Nam Dan and 17 affiliated transaction offices.

Agribank Nam Nghe An Branch provides over 200 convenient banking products and services with diverse distribution channels. Photo: TH

In recent years, in the context of the economy facing many difficulties and challenges, the business activities of Agribank in general and Agribank Nam Nghe An Branch in particular have also been significantly affected. However, above all, with the intelligence and courage, the strong direction of the Board of Directors, the contributions of organizations and the spirit of solidarity of the staff, Agribank Nam Nghe An Branch has strived to overcome and fully completed the assigned business targets.

Transaction at Agribank Nam Nghe An Branch. Photo: TH

For 5 consecutive years, all 6 business targets have been achieved and exceeded, the Branch's business efficiency has increased, credit quality has been guaranteed, finances have been positive, income for staff has been guaranteed in accordance with Agribank's income distribution regulations, liquidity has been ensured, capital sources and capital use have been proactively balanced, credit has been expanded, priority has been given to rural agriculture.

From a unit with a total capital of nearly 9.4 trillion VND, total outstanding debt of nearly 6.5 trillion VND, Agribank Nam Nghe An Branch has actively expanded market share, developed customers, diversified products and services to gradually affirm the position and brand of a State-owned commercial bank in Nghe An province.

As of May 31, 2023, total capital reached more than 16.3 trillion VND; Total outstanding loans reached more than 11.7 trillion VND. The branch had more than 31,600 borrowers and 32,100 customers with deposits.

Agribank Nam Nghe An Branch staff instruct customers on how to use ATM cards. Photo: TH

Along with credit activities, Agribank Nam Nghe An Branch provides over 200 convenient banking products and services and diversified distribution channels to meet the payment transaction requirements of customers and the economy. Effectively deploying payment coverage via VietQR code, "Tam Nong" Card Project, Consumer Credit Program...

Thereby creating favorable conditions for people in rural, remote and isolated areas to have access to capital and banking financial services, limit black credit and promote the development of non-cash payments in Nghe An province.

The new version of Agribank E-Mobile Banking application with a modern, friendly interface, adding many outstanding utilities, bringing simple, easy and optimal experiences to customers. Photo: TH

In addition to its business mission, Agribank Nam Nghe An Branch is also doing well in social security activities, demonstrating the responsibility of the enterprise to the locality, affirming the position of the bank for the community. Every year, Agribank Nam Nghe An Branch always allocates funds to charity, social security, for the poor, focusing on the fields of health, education, building houses of gratitude, solidarity houses, supporting localities and people affected by natural disasters, floods, etc.

With those efforts and determination, after nearly 5 years of operation, Agribank Nam Nghe An Branch has had remarkable achievements: 4 consecutive years as a collective achieving the title of "excellent clean and strong"; in 2019, received a Certificate of Merit from the Chairman of the Board of Members of Agribank; Certificate of Merit "Third prize winning unit of first-class branches in 2019".

In 2020, the unit received a Certificate of Merit from the General Director of Agribank "First prize winning unit in the emulation block of branches in the North Central region in 2020"; Emulation Flag of the State Bank "Leading unit in the emulation movement"; Certificate of Merit from the Governor of the State Bank of Vietnam for its outstanding achievements, contributing to the completion of the banking sector's tasks in 2019-2020.

Agribank Nam Nghe An Branch has done well in social security activities, demonstrating the responsibility of the enterprise to the locality, affirming the position of the Bank for the community. In the photo: Director of Agribank Nam Nghe An Branch received a Certificate of Gratitude from the province at the Tet For the Poor Program in the Spring of Quy Mao 2023. Photo: Thanh Duy

In 2021, Agribank Nam Nghe An Branch was awarded a Certificate of Merit by the Chairman of the Board of Members of Agribank as "Third Prize-winning unit of the first-class branch". In 2022, it was awarded a Certificate of Merit by the General Director of Agribank as "First Prize-winning unit in the North Central region in 2022".

Mr. Truong Quoc Bao - Director of Agribank Nam Nghe An Branch shared: The 5-year journey is not long, but it is considered a period of "fire testing gold, hardship testing strength", enough to affirm the mettle and will of Agribank Nam Nghe An Branch. The staff of Agribank Nam Nghe An Branch, despite difficulties and challenges, continue to be steadfast and strive to achieve proud achievements. With those tireless efforts, we will continue to grow, affirm our brand, contribute to socio-economic development, and improve the quality of life of people in Nghe An province./.