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Agribank and Bảo Việt sign co-operation agreement

Update: December, 07/2017 - 18:15
Leaders of Bảo Việt and Agribank at the signing ceremony. - Photo baochinhphu.vn
Viet Nam News

HÀ NỘI — The Bank for Agriculture and Rural Development of Việt Nam (Agribank) and Bảo Việt Holdings signed a co-operation agreement on Wednesday.

Under the co-operation agreement, Agribank and Bảo Việt have committed to prioritise the use of products and services of each other and exploit the strengths and potential of each party to raise efficiency and competitiveness for deeper and further integration.

Tiết Văn Thành, general director of Agribank, said through the co-operation with Bảo Việt, a leading financial-insurance group in Việt Nam, Agribank hopes that it will successfully implement the Party’s resolutions and the Government’s policy on promoting the leading role of State corporations and enterprises in supporting each other to develop sustainably, reach out to the world and contribute to the socio-economic development of the country.

At the signing ceremony, Nguyễn Quang Phi, Bảo Việt general director, said Bảo Việt and Agribank have many similarities in size, network and fields of operation. Through the co-operation agreement, the commitment to use each other’s products and services will help the two maximise their potential and strengths, he said. — VNS