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FLC Group & Agribank sign strategic cooperation agreement

Released at: 14:27, 15/11/2019

FLC Group & Agribank sign strategic cooperation agreement

Photo: FLC Group

Two sign agreement on supporting the cross-use of products and services.

by Ngoc Lan

The FLC Group and the Vietnam Bank for Agriculture and Rural Development (Agribank) signed a comprehensive strategic cooperation agreement on November 13 in Hanoi on supporting the cross-use of products and services of each party.

Agribank will provide financial services related to account management, centralized capital management, automatic investment, and credit services to serve the production, business, project development and investment activities of the FLC Group and its member units. It will also give priority to using FLC’s services, such as hotels, resorts, and aviation.

FLC, meanwhile, will prioritize the use of banking services provided by Agribank as well as select it as one of the focal points in arranging capital for future projects. Needs regarding cooperation, investment, and joint ventures also will be strengthened between the two sides to effectively coordinate in the future.

Agribank’s banking service network will be combined with FLC’s high-end ecosystem to maximize benefits for customers and partners.

The FLC Group and Agribank will together promote capacity and financial resources for expansion investment in the time to come. The cooperation promises to create more quality products and services to meet the increasing needs of the community and society.

Mr. Trinh Van Quyet, Chairman of the Board at the FLC Group, said he appreciates the partnership with Argibank. He also expects it to be the foundation for both parties to prioritize the use of each other’s diverse products and services, promoting and maximizing the potential, position, and competitiveness of each.

Mr. Tiet Van Thanh, General Director of Agribank, expressed a desire to deepen cooperation with the FLC Group in the fields of real estate, tourism, aviation, and high-tech agriculture. “Agribank is confident that we will bring potential for cooperation with the FLC Group,” he added. “The agreement creates the basis for the two sides to jointly implement comprehensive and effective cooperation in each field, thereby strengthening trust and bringing the cooperation to a new high in the future.”

The FLC Group has provided many quality products to the market, such as the FLC Sam Son, FLC Ha Long, and FLC Quy Nhon golf resorts, and a series of urban areas and modern apartment - office - commercial complexes around the country. Aviation is also a key field of FLC, as the owner of Bamboo Airways.

Agribank is striving to become one of the top 150 banks with the largest assets in Asia by the end of 2020.

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