Agribank, the largest State-owned commercial bank, will carry out its restructuring plan over the next three to four years, said bank chairman Nguyen Ngoc Bao.
Commercial banks have begun to cut lending interest rates amid signs of improvement in the economy.
The Bank of Agriculture and Rural Development of Viet Nam (Agribank) plans to provide about VND5 trillion (US$240 million) in loans to the domestic coffee sector.
The Viet Nam Bank for Agriculture and Rural Development (Agribank) has decided to add VND15 trillion (US$731 million) to its branches nation-wide for lending money to develop the national agriculture sector.
In order to diversify the banking products and services , Agribank recently has developed and launched a newly product under the name “Automatic investment – Automatic benefit”.
As reported by Hanoi Stock Exchange (HNX), there is a change in top 10 securities companies in quarter II/2011 HNX in comparision with quarter I/2011. It’s still unchanged position of No 1 and No 2 for Thang Long Securities (TLS) and VNDirect Securities (VNDS), but the remaining positions are changed. Agriseco - Securities Company of Agriculture is one of three "new comer" of the rankings in this quarter.