Agribank among strongest banks in Asia-Pacific

The Vietnam Bank for Agriculture and Rural Development (Agribank) has been named in the top 500 strongest banks (AB500) in Asia-Pacific by the Asian Banker.

Agribank ranked 156th on the AB500, which is a study of the financial and business performance of the commercial banking industry in the region. The study comprises two different lists: the first ranks the top 500 banks in the region by asset size, while the second ranks the same banks by strength, or long-term profitability from its core businesses.

The Asian Banker annually releases its AB500 ranking, an evaluation based on a belief that a strong bank demonstrates long-term profitability from its core businesses.

Source: VOV5