Enhancing competitive capacity and international prestige of the Agribank National Brand

As a leading state-owned commercial bank serving agricultural and rural development, Vietnam Bank for Agriculture and Rural Development, known as the Agribank National Brand, is progressively transforming towards standardization, modernization, and deep integration, aiming to enhance competitive capacity and international prestige in the new development phase.

Improving management foundations and strengthening international credit ratings

A significant highlight for Agribank in 2025 is the initiative to enhance the regulatory, procedural, and operational guidelines, creating a synchronized, professional legal framework across all foreign affairs, credit, and international financial management activities.

Agribank offers numerous green credit packages to expand access to capital for citizens and businesses.

Important documents have been issued, providing a solid legal foundation for managing RMA relationships, Nostro accounts, and payments for the Cambodia Branch; capital funding processes via letters of credit; and key directives on developing USD customers, rectifying international project activities, and the system-wide foreign affairs plan.

Simultaneously, Agribank has completed a draft Strategy for Foreign Affairs and International Financial Development for 2026 - 2027, with a vision to 2030, demonstrating a methodical approach in its long-term strategy to enhance competitiveness in regional and global markets.

Beyond internal improvements, Agribank has also launched an Action Program towards the internal environment for 2025-2026 and a Plan to implement the 59-NQ/TW Resolution of the Politburo. These steps contribute to a sustainable development orientation, enhance risk management quality, improve ESG (Environmental, Social, and Governance) management, and meet international standards in modern banking operations.

Regarding credit ratings, a crucial criterion of financial strength and international prestige, in 2025, Agribank continues to maintain positive ratings from the world's leading rating agencies, Moody's and Fitch Ratings. Accordingly, Agribank is rated Ba2 with a Stable outlook by Moody's and BB with a Stable outlook by Fitch, on par with Vietnam's national ceiling and the core state-owned commercial banks, including Vietcombank, VietinBank, and BIDV.

To achieve this result, Agribank has established a tight coordination mechanism with units across the system, completed legal documents and financial data, and organised regular meetings with Moody's and Fitch Ratings. Notably, the establishment of the International Credit Rating Team for 2026 - 2028 demonstrates proactive preparation, analysis, and improvement of credit rating indices. This is a crucial foundation that helps Agribank strengthen trust with investors, international partners, and the global financial markets.

Expanding cooperation and enhancing cross-border operational efficiency

In the first nine months of 2025, Agribank's foreign affairs activities were vibrant, with nearly 90 international delegations visiting and exchanging cooperation, including associations, international organisations, partner banks, and diplomatic missions. Concurrently, Agribank organised 17 delegations to participate in international conferences and seminars abroad. These activities not only expand cooperative relationships but also help Agribank stay up to date on technology trends, digital transformation, green finance, and ESG management in the global banking sector.

The bank has also signed five important international cooperation agreements, including the Green Finance Project with the French Development Agency (AFD), an issuing bank agreement with the Asian Development Bank (ADB), and memorandums of cooperation with the Agricultural Bank of China, Industrial and Commercial Bank of China, and SACE Group (Italy). These are significant steps in expanding the strategic cooperation network, helping Agribank enhance its capital mobilisation capacity, expand markets, and participate more deeply in international financial chains.

Mr Vuong Van Quy, Deputy Head of Agribank's Credit Policy Department, speaking at the "Green Energy Transition from Resolution 70 of the Politburo" workshop at the Vietnam - Italy Business Forum.

Agribank's Cambodia branch is a highlight, demonstrating the bank's cross-border management capability. In 2025, the headquarters closely coordinated with relevant units to implement various solutions to enhance the Cambodia branch's business efficiency through regular meetings, activity monitoring, performance evaluation, and the proposal of comprehensive restructuring plans. Amid regional political fluctuations, proactively building risk management plans and maintaining the Cambodia branch's operational efficiency has affirmed Agribank's resilience, management capability, and strategic vision in international integration.

Regarding international project management, by the end of September 2025, Agribank had cumulatively received 40 ODA projects re-lent by the Government, with 13 projects currently active, totalling nearly 5,500 billion VND, demonstrating effective and transparent project management capabilities.

The bank is actively approaching and negotiating the implementation of five new projects with international organisations such as AFD, WB, LuxDev, ADB, and the Green Climate Fund (GCF), aiming to advance green finance, climate finance, and sustainable agricultural development. Among these, the AFD project, worth 50 million EUR and the GCF project, worth 35 million USD, are two key programs with the potential to expand the scale of their economic and social impacts.

Agribank is currently serving as the bank for 25 projects with a total value of 1.22 billion USD, having cumulatively received 188 service bank projects worth nearly 9.8 billion USD, showcasing the bank's growing capacity and reputation in international finance.

Developing products, strengthening the global network, and committing to sustainable development

With the goal of enhancing international payment capacity and expanding global cooperation, Agribank had established RMA (financial message exchange agreement) relationships with 640 banks in 76 countries and territories by September 2025. The partner network is widely distributed across continents, with a strong focus in Asia (57%), Europe (30%), followed by the Americas, Australia, and Africa.

The Nostro and Vostro account systems at the world's leading reputable banks are maintained stably, ensuring service quality and effective international payment capability. Concurrently, Agribank classifies nearly 100 partner credit institutions, establishes customer policies by group, and sets a total credit limit of 626 trillion VND, enhancing proactivity in cooperation and international liquidity management.

Wind, solar, and biogas energy project.

One of Agribank's strategic focuses is developing service products for credit institution customers (TCTD) and diversifying capital sources from international financial institutions. The bank has researched and implemented modern trade finance products, such as UPAS L/C and L/C discounting, and has been approved by the State Bank to borrow foreign capital under an UPAS L/C. By September 2025, Agribank had signed a Financing Agreement with Military Bank (MB), successfully executed a Trade Loan transaction worth 6 million USD, and cooperated with 29 international banks in trade finance with a total limit of 1.04 billion USD. For medium- and long-term capital, Agribank has approached seven foreign banks ready to provide large-scale loans to support green credit and sustainable development programs.

In the global trend towards green finance and sustainable development, Agribank has identified ESG as an early strategic pillar. The bank has issued an Environmental Action Program, developed a Green Finance Framework, and collaborated with international organisations to implement technical support projects to standardise ESG management systems in line with international practices. The establishment of a Selection Team for consulting units to prepare a Sustainable Development Report according to international standards and the consolidation of the system-wide ESG Steering Committee demonstrate Agribank's strong commitment towards a green bank - a sustainable bank, contributing to enhancing the image, prestige, and social responsibility of Vietnamese banks on the international stage.

Reflecting on the journey of 2025, Agribank is gradually strengthening its internal resources, modernising its management model, expanding international cooperation, and proactively integrating deeply. From financial management and ODA project development to correspondent banking relationships and ESG implementation, Agribank consistently demonstrates strategic thinking, execution capability, and the resilience of a large financial institution with responsibility and a global vision.

In the journey towards the 2026 - 2030 phase, Agribank continues to aim to build a bank brand with international competitive capacity, safety, transparency, and sustainable development, contributing to affirming the position of the Vietnamese banking system on the global financial map.

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Agribank affirms its position through international credit ratings and global partnerships In 2024, Agribank strengthened its international presence through various achievements, from stable credit ratings by renowned international agencies to an expanding global partner network.

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