Agribank among strongest banks in Asia-Pacific
(VOVWORLD) - 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 is included in the list of the top 500 strongest banks in Asia-Pacific by the Asian Banker. (Photo: Agribank)
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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.