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With strategic direction from Agribanks Board of Directors, ABIC continues to affirm its role as an important partner, providing comprehensive financial and insurance solutions, contributing to protecting customers and promoting sustainable growth. Download ABIC to accompany Agribank to complete the customer service journeyAgribank - ABIC: From insurance cooperation to financial ecosystemThe strategic cooperation relationship between Vietnam Bank for Agriculture and Rural Development (Agribank) and Agricultural Bank Insurance Joint Stock Corporation (ABIC) has gone beyond the role of a traditional insurance distribution channel to become a comprehensive financial - insurance ecosystem, realizing its commitment: wherever there is Agribank, which has the protection of ABIC. The success of the Bancassurance channel comes from the thorough direction of Agribanks Board of Directors and the close coordination between the bank and insurance businesses. Chairman of the Board of Directors of Agribank To Huy Vu affirmed that ABIC not only contributed financially but also contributed to enhancing the image and reputation of the Agribank brand, becoming one of the units creating sustainable value for the Agribank ecosystem. According to Agribank General Director Pham Toan Vuong, ABIC has had strong development, rising to become a reputable insurance enterprise in the market, as well as a strategic partner providing financial solutions and comprehensive protection for customers, especially in agricultural and rural areas. ABIC affirms its role as a financial shield. In 2025, Agribank and ABIC launch the insurance agency emulation program ABIC with Agribank - Steadily reaching out, creating motivation to promote the development of Bancassurance channel. Along with that, Agribank issued many mechanisms and policies to increase cross-selling of insurance products, ensure loan safety and increase service revenue. Entering 2026, Resolution No. 01 of Agribanks Board of Directors continues to identify Bancassurance as an important risk management tool, contributing to perfecting the Banking - Insurance - Securities ecosystem. ABIC continues to affirm its role as a financial shield with positive business results. extreme. In 2025, insurance premium revenue will reach VND 1,869 billion, an increase of 12% compared to the previous year, bringing the overall growth rate to 14%, belonging to the group of high-growth enterprises in the non-life insurance market. The enterprise has maintained a 1A rating for 11 consecutive years, is in the Top 8 reputable non-life insurance enterprises and owns the Vietnamese National Brand with the key product Credit Security. In Region 3, insurance premium revenue reached 575 billion VND, an increase of 12%; in which Credit Security accounts for 88% of revenue and grows by 10%. Other operations such as private home, motor vehicle and fire insurance also recorded positive growth. Commissions and payment support for the Agribank system during the year reached 421.7 billion VND, an increase of 6% over the same period. ABIC also participates in insurance for many key national projects such as Quang Trach I and II Thermal Power Plants, Bac Ai Hydropower Plant, Ring Road 4 Expressway, Ninh Binh - Hai Phong, Bao Loc - Lien Khuong and Khanh Son Waste Power Project. In parallel, ABIC coordinates research and implementation of agricultural insurance programs to support people in minimizing risks in production. Regarding digital transformation, ABIC has launched the product Credit Security Level High responsibility with insurance benefits up to 10 billion VND/person. Six key insurance products are integrated on the Agribank Plus application, along with a two-way electronic reporting system to help improve management efficiency and customer service. Training is also focused on with 72 exams and E-learning programs for more than 18,100 staff in the system, and completing the conversion of electronic certificates for the agent team. In 2025, ABIC will pay compensation of VND 808 billion, for the channel alone. Bancassurance reached 489 billion VND, bringing the total accumulated compensation to 4,642 billion VND. The emulation program ABIC with Agribank - Steadfastly reaching further attracted 159 type 1 branches and nearly 30,000 participating agents, generating revenue of more than 1,814 billion VND with more than 5,700 prizes worth nearly 26.7 billion VND. In the coming time, ABIC recommends continuing to tie the ratio of insured outstanding debt to the credit safety index, building a mechanism to encourage staff to deploy and expand Digital insurance and embedded insurance on the Agribank Plus application. With a portfolio of 114 insurance products, ABIC affirms its commitment to providing comprehensive protection solutions for Agribank customers, accompanying the bank in the process of developing a modern, safe and sustainable financial ecosystem. Anh Minh See moreMore than VND 326 billion in compensation after 5 months, ABIC keeps its commitment See moreABIC insurance accompanies farmers Reference moreAgribank spent 15 billion VND to build a medical station in the Lang Son border area
