Agribank honoured with “2024 Outstanding International Payment Quality” Award from JPMorgan
On November 27, 2024, Agribank was honoured to receive the “2024 Outstanding International Payment Quality – USD Clearing Elite Quality Recognition Award” from J.P. Morgan, USA. This award is a testament to Agribank’s capabilities and continuous development in international payments, while affirming the bank’s leading position in the global financial market.
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Agribank presented the Outstanding International Payment Quality Award by J.P. Morgan to financial institutions worldwide that achieve a high Straight-Through Processing (STP) rate (over 99%), a key indicator of efficiency, accuracy, and quality in international payment transactions. Agribank’s excellent STP rate demonstrates its commitment to delivering superior customer service and affirms its strict compliance with international banking standards.
This award from JPMorgan recognises current achievements and motivates Agribank and JPMorgan to continue cooperating and seeking innovative solutions to promote two-way commercial payments and increase customer value.
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| Deputy General Director Doan Ngoc Luu received the award from JPMorgan on behalf of Agribank. |
As a bank with many years of experience in international payments, Agribank continually improves service quality by enhancing operational capacity and applying advanced information technology. This enables the bank to serve customers with the fastest processing times and lowest costs, improving customer experience and satisfaction.
Being recognised by prestigious international organisations demonstrates Agribank’s relentless efforts to enhance service quality and meet stringent global standards. The award also shows the bank’s sustainable development and commitment to accompanying customers and partners on their growth journey. In the coming time, Agribank is committed to ongoing innovation and system improvement, not only to maintain its leading position but also to help elevate the standing of the Vietnamese banking sector in the international market.
The year 2024 marks many outstanding achievements for Agribank on the international stage. The bank has continuously received prestigious awards such as: Top 50 Largest Enterprises in Southeast Asia and leading the Vietnamese commercial banking system according to the Fortune Southeast Asia 500 ranking; Top 5 Vietnamese Banks with the Highest Brand Value in 2024 according to the Brand Finance Banking 500 ranking. Agribank continues to be rated by international credit rating agencies such as Moody’s and Fitch Ratings at the same level as Vietnam’s national rating ceiling, the highest rating among Vietnamese banks.
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