Hanoi, 8 July 2026 – Agribank was honoured with the 2025 Straight-Through Processing (STP) Award by Standard Chartered at an award ceremony held in Hanoi.

The STP Award is a prestigious recognition presented to financial institutions that achieve an outstanding Straight-Through Processing (STP) rate for international payment messages, significantly outperforming the global industry average. This marks the fourth consecutive year that Agribank has received this award from Standard Chartered. By maintaining an STP rate of 99.3%, Agribank continues to demonstrate its leadership, advanced technological capabilities, and operational excellence in complying with the most rigorous international payment standards.

According to Bankers Almanac, Standard Chartered Bank ranks 13th in the United Kingdom and 95th globally in terms of total assets. In terms of credit ratings, Standard Chartered has received strong credit ratings from leading international credit rating agencies. Standard Chartered is an important partner that has maintained a correspondent banking relationship with Agribank since 2003. Currently, Agribank maintains cooperation with Standard Chartered’s head office and nearly 15 of its branches worldwide.

Representatives of Agribank and Standard Chartered at the award ceremony

Representatives of Standard Chartered highly commended Agribank's achievement and expressed particular admiration for the Bank's exceptional STP performance, describing it as clear evidence of the professionalism, innovative mindset, and unwavering commitment demonstrated by Agribank's employees across both its Head Office and nationwide branch network.

The event also highlighted Agribank's continued leadership in digital transformation. Having successfully upgraded its payment infrastructure in line with the latest international standards, the Bank is well positioned to meet the evolving transaction needs of customers in the digital era.

Building on a robust technological foundation and a long-standing strategic partnership, the leadership of both institutions reaffirmed their commitment to further strengthening cooperation and developing financial solutions that are efficient, fast, and secure. Together, they aim to serve as a trusted bridge connecting Vietnamese businesses and individuals with global markets, facilitating international trade and supporting Vietnam's deeper integration into the global economy.

Pham Minh Giang