On May 15, 2024, Agribank had a working session with Nonghyup Financial Group (NHFG) to strengthen and expand existing cooperative relationships in banking and non-banking areas between the two parties.

Attending the meeting, on NHFG's side were Mr. Lee Ki Hyun - Vice President of Nonghyup Financial Group - Head of the delegation, and a number of senior leaders of Nonghyup Financial Group, Nonghyup Securities Company in Hanoi, Nonghyup Bank Hanoi branch and Nonghyup Bank representative office in Ho Chi Minh. On Agribank's side was the participation of Member of the Board of Directors Tu Thi Kim Thanh, Member of the Board of Directors Nguyen Tuyet Duong, and representatives of a number of functional departments of Agribank Headquarters.

Making opening remarks, Ms. Tu Thi Kim Thanh highly appreciated the cooperation and support of NHFG over the past years. Agribank always considers NHFG a strategic partner in the Korean market. Specifically, after more than 10 years of establishing the agency relationship, Nonghyup Bank and Agribank have signed a number of cooperation agreements that are being implemented quite effectively. In particular, the two sides have coordinated to organize many training courses, surveys and experience sharing sessions. To date, the total number of staff directly trained at the two banks has reached over 700 people.

At the meeting, Mr. Lee Ki Hyun affirmed that Agribank and NHFG have many similarities in terms of models and customers served, so this is a great advantage for the two banks to continue to maintain effective cooperation in the near future. Mr. Lee also expressed great interest in some areas of cooperation between the two banks such as digital transformation, ESG, payment connection, Agribank's equitization process, etc.

At the end of the meeting, both sides expressed desire to continue to further develop the existing cooperative relationship and actively deploy new areas of cooperation in the upcoming period to strengthen and deepen the comprehensive strategic relationship.
 

Kylie Nguyen