Agribank receives Operational Excellence Award
Vietnam’s Agribank has received the 2015 Operational Excellence Award from Wells Fargo, the third-largest wholesale bank in the US, for improving its payment services.
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Speaking at an award ceremony held in Hanoi recently, David Walker Smith, Regional Head Southeast Asia-Global Financial Institution, lauded cooperation between the two banks in recent times.
Since 2012, Agribank has received several awards in international payment quality from the US bank, which is also the world’s 14th largest bank, including best international payment quality award in 2014, 2015.
The bank has received awards from Standard Chartered Bank and Bank of New York Mellon in 2015.
Agribank is among the biggest bank in Vietnam in terms of fund resources, assets, staff, operating network and customer base.
As of 31 December 2015, Agribank's assets totalled VND833 trillion (US$37.5 billion) and its total outstanding loans were worth nearly VND615 trillion (US$27.7 billion).
The bank has a staff of 40,000 people across 2,300 branches and transaction offices and 1,000 correspondent banks in 100 countries and territories.
