Vietnam Bank For Agriculture and Rural Development - History

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:

    “Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
    —Albert Camus (1913–1960)

    “You treat world history as a mathematician does mathematics, in which nothing but laws and formulas exist, no reality, no good and evil, no time, no yesterday, no tomorrow, nothing but an eternal, shallow, mathematical present.”
    —Hermann Hesse (1877–1962)