Agribank honored to receive the Vietnam Golden Star Award 2024

Hoàng Anh |

On the evening of December 24, 2024, in Hanoi, Agribank was honored with the 2024 Vietnam Golden Star Award. This award honors strong, large-scale, reputable enterprises in the market, with sustainable business development, and important contributions to the country's socio-economic development.

Attending the program were comrade Nguyen Hoa Binh - Politburo member, Secretary of the Party Central Committee, Permanent Deputy Prime Minister of the Government, along with representatives of leaders of a number of ministries, branches, central agencies and enterprises that won the Vietnam Gold Star Award.

The Vietnam Golden Star is one of the national awards, presented to typical Vietnamese brands and products, assigned by the Prime Minister to the Central Committee of the Ho Chi Minh Communist Youth Union, the Central Committee of the Vietnam Youth Union and the Central Committee of the Vietnam Young Entrepreneurs Association to organize since 2003, and has become a symbol of success, affirming the position and brand of Vietnamese businesses and brands that are competitive with the world, have prestige, and are especially recognized by society and the business community.

Anh:
Photo: DN

Launched in July 2024, the Vietnam Golden Star Award continues to affirm its pioneering role in developing national brands. Chairman of the Vietnam Young Entrepreneurs Association Dang Hong Anh said that after selecting from provinces, cities and units, 293 enterprises from 53 provinces and cities across the country were nominated to participate in the Award. Through a scientific, transparent and objective voting process including preliminary rounds, actual assessment and final selection, the Voting Council selected the TOP 10 - TOP 100 - TOP 200 Vietnam Golden Star brands in 2024.

Participating in the Vietnam Golden Star Program, businesses are evaluated through scoring criteria groups including: total assets, equity, total revenue, budget payment, profit after tax, profit margin/equity contribution, number of employees, digital transformation activities, green transformation and sustainable development...

Speaking at the ceremony, comrade Nguyen Hoa Binh affirmed: The Party and State always attach importance to and appreciate the role of enterprises, considering them an important driving force for the development and economic growth of the country. Enterprises receiving the Vietnam Golden Star Award are evidence of their strong efforts on the journey of international integration and sustainable development. This is not only an opportunity to honor outstanding enterprises and entrepreneurs, but also an opportunity to look back on the proud achievements that enterprises have contributed to the country.

Anh:
Agribank received the Vietnam Gold Star Award 2024. Photo: DN

At the ceremony, Agribank was honored to receive the Vietnam Gold Star Award 2024, affirming its position as the leading commercial bank in Vietnam, a pioneer in seriously implementing monetary policy, safe and effective business operations, actively contributing to the State Budget, and always promoting social responsibility to the community. Agribank's total assets to date have reached over VND 2.1 million billion; capital sources have reached over VND 1.9 million billion; total outstanding loans to the economy have reached nearly VND 1.7 million billion, of which 65% of outstanding loans serve the development of "Tam Nong". Agribank focuses on developing a variety of convenient products and services, applying modern technology, continuing to transform the multi-service business model towards developing a professional, modern bank with top service quality with the motto "Customer is the center". In addition to business activities, Agribank is also a leading enterprise in social security work. Agribank always aims for human values ​​for a harmonious and even development of Vietnam, leaving no one behind. Every year, Agribank spends hundreds of billions of VND on hunger eradication, poverty reduction, building schools, medical stations, charity houses, overcoming the consequences of natural disasters, preventing epidemics, and protecting the environment.

With the responsibility of a leading State-owned commercial bank in providing capital and financial services to the agricultural and rural areas, Agribank commits to implementing Environmental, Social and Governance standards towards the goal of sustainable development. Agribank is the leading bank in allocating capital to deploy green credit: Preferential credit program serving "clean agriculture" with a minimum capital scale of 50,000 billion VND with loan interest rates reduced from 0.5% to 1.5%/year, is the key bank implementing the Project "Sustainable development of one million hectares of high-quality, low-emission rice in the Mekong Delta by 2030". Agribank is a pioneer, responsible, and effective implementer of 7 policy credit programs, 3 national target programs on new rural construction, sustainable poverty reduction, and socio-economic development in ethnic minority and mountainous areas. Agribank develops and provides over 200 convenient and modern products and services, with diverse capital channels and banking services to meet the needs of people and businesses, promoting cashless payments.

After more than 36 years of construction and development, Agribank has been awarded many noble awards by the Party, the State and the Banking industry: Hero of Labor in the renovation period, Second-class Independence Medal, First-class Labor Medal, Certificate of Merit from the Prime Minister, Certificate of Merit from the Governor of the State Bank of Vietnam for achievements in administrative reform and achievements in digital transformation of the Banking industry... Domestic and international organizations have honored Agribank with many prestigious titles: Moody's rated Agribank's credit rating at "Ba2", Fitch Ratings rated it at "BB+", Stable outlook, equivalent to national credit rating, TOP10 Vietnamese Banking Brands in the 500 largest banking brands worldwide, National Quality Award, Vietnam National Brand, TOP10 Largest Enterprises in Vietnam for 8 consecutive years.

Hoàng Anh
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