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:
“We may pretend that we’re basically moral people who make mistakes, but the whole of history proves otherwise.”
—Terry Hands (b. 1941)
“If you look at the 150 years of modern China’s history since the Opium Wars, then you can’t avoid the conclusion that the last 15 years are the best 15 years in China’s modern history.”
—J. Stapleton Roy (b. 1935)
“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
—Boris Pasternak (1890–1960)