Agribank received the "Standard Electricity Rate" award from The Bank of New York Mellon

(Dan Tri) - The Vietnam Bank for Agriculture and Rural Development (Agribank) has just received the “Standard Electricity Rate 2024” (STP) award from The Bank of New York Mellon (BNY Mellon). This is the 16th consecutive time Agribank has been honored by BNY Mellon.

BNY Mellon’s “Standard Electricity Rate” award is given annually to banks that achieve high rates of automated international payment processing, meeting strict international standards of speed, accuracy and safety. Agribank’s 16 consecutive years of winning this award demonstrates its steadfastness in its strategy of modernizing its system, standardizing its business processes and improving its human resource capacity.

Agribank representative (left) received the STP award from The Bank of New York Mellon (BNY Mellon) (Photo: Agribank).

Not only is Agribank a bank with a nationwide network, it is also a strategic and reliable partner of many global financial institutions. This achievement once again affirms that Agribank maintains its position as the leading commercial bank in Vietnam, while enhancing the trust of domestic and foreign customers and partners in international payment services.

In the context of globalization, Agribank has continuously and vigorously implemented the digital transformation strategy, invested in modernizing information technology infrastructure, and closely cooperated with major banks in the world to provide fast, safe and effective services. At the same time, Agribank strictly adheres to international standards on anti-money laundering and transaction security, contributing to enhancing the reputation of the Vietnamese banking system in the global value chain.

“The achievement of 16 consecutive years of receiving the STP Award from BNY Mellon not only recognizes Agribank's continuous efforts, but also demonstrates its perseverance, stability and professionalism over more than 1.5 decades. This is a strong motivation for Agribank to continue promoting its role as a key State-owned commercial bank, pioneering in implementing national monetary policies and guidelines, while affirming its leading role in the international payment market in Vietnam,” said an Agribank representative.

The “Standard Electricity Rate 2024” award from BNY Mellon is an important milestone, consolidating Agribank’s position on the international financial map, worthy of the trust of millions of domestic and foreign customers and partners. Since the beginning of 2025, Agribank has received similar awards from other major partners such as: Wells Fargo Bank, Citibank.

Source: https://dantri.com.vn/kinh-doanh/agribank-nhan-giai-ty-le-dien-dat-chuan-tu-the-bank-of-new-york-mellon-20250918104304614.htm