In 2021, despite challenges caused by the COVID-19 pandemic, Agribank Long An managed to fulfill the dual goal of ensuring effective, safe and smooth business and preventing the pandemic, supporting customers affected by the pandemic and natural disasters, and promoting the local economy. This success has helped Agribank Long An reaffirm its leadership in the banking industry and play a key role in local agricultural and rural development investment.
Last year, Agribank Long An raised deposits of VND15,446 billion, an increase of VND1,700 billion over 2020, equal to 161% of the target. Its outstanding loans reached VND22,931 billion, VND3,830 billion more than in 2020 and 11% higher than the plan. Its total corporate outstanding loans valued VND3,830 billion, VND1,054 billion more than in 2020 and 175% higher than the plan. Its service revenue was VND72.931 billion, VND15.943 billion higher than that in 2020 and 28% higher than the plan. Its bad debt ratio was 0.2%, lower than the goal of 0.97% assigned by the central government. With the shrewd leadership of the Board of Executives and the consensus of all employees, Agribank Long An continued to successfully complete all five business targets and was honored with the “Best of Agribank in