The listed FPT will help the state-run bank improve its IT system as part of its long-term development strategy.
FPT will also consult Agribank in the lender’s equitization process which is set to start this year with the restructure of some affiliates.
The two sides will support each other in training human resources.
The tech giant is now considering a number of regional and world markets for listing, with the Singapore bourse viewed as the frontrunner.
KPMG will audit the books of FPT, certifying the financial reports of its three arms, five subsidiaries, one university, five training and trading centers, and any business that might be set up this year.
Agribank is among the country's largest lenders and reported that its assets rose 22.7% last year to VND233.9 trillion (14.5 billion US$).
Bad debt based on new, international accounting standards only accounted for 1.9% of its total loans.
Agribank, ordered by the government to go public in 2008 following similar moves by state-run Vietcombank and Mekong Delta Housing Bank this year, had aimed to keep the bad debt ratio at 5% in 2006.
Source: Thanh Nien
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