History
The bank was founded on March 26, 1988 by the then-Council of Ministers of Vietnam as a specialized bank aimed at rural and agricultural development as Vietnam Bank for Agricultural Development. The bank built on the agency network of the State Bank of Vietnam for its branches. On November 14, 1990, it was replaced by the Vietnam Bank for Agriculture by a prime ministerial decision. On November 15, 1996, it was renamed again to Vietnam Bank for Agriculture and Rural Development.
Read more about this topic: Vietnam Bank For Agriculture And Rural Development
Famous quotes containing the word history:
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)
“Anyone who is practically acquainted with scientific work is aware that those who refuse to go beyond fact rarely get as far as fact; and anyone who has studied the history of science knows that almost every great step therein has been made by the anticipation of Nature.”
—Thomas Henry Huxley (182595)
“It takes a great deal of history to produce a little literature.”
—Henry James (18431916)