On May 27, 2025, Fitch Ratings affirmed Agribank’s rating for Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+'; Government Support Rating (GSR) at 'bb+'.

As indicated by Fitch Ratings, Agribank's GSR and Long-Term IDRs are equivalent to the sovereign rating of Vietnam (BB+/Stable) and of the highest among Vietnamese banks being evaluated by Fitch.

Fitch Ratings indicated that Agribank plays an important role in the Vietnamese banking system with a deposit market share of up to 14% and a strategic role in supporting the agricultural and rural sectors. Fitch Ratings also noted that Agribank's asset quality is improving, with a decline in the impaired-loan ratio thanks to higher write-offs and strong economic growth. In addition, Fitch Ratings also highly appreciated Agribank in maintaining a stable source of capital mobilization.

As of December 31, 2024, Agribank's total assets reached over USD 85 billion, making it one of the largest banks in the system of credit institutions of Vietnam; total customer deposits amounted over USD 73 billion, total outstanding loans gained over USD 66 billion; Operation safety ratios have met requirements as regulated.

Agribank is the leading bank in the development of agriculture, rural areas and farmers of Vietnam, with the outstanding loans to those areas accounting for about 60% of the total outstanding loans. As a 100% State-owned bank, Agribank always plays a pioneering role in effectively implementing monetary and credit policies to support the economy. Agribank has been effectively implementing various credit policy programs and national target programs on new rural construction, sustainable poverty reduction and socio-economic development in ethnic minority and mountainous areas. In addition, Agribank has been actively implementing ESG practices for a green future and sustainable development.

Giang Pham Minh