Illustrated photo TL Generali Group’s Deputy Chief Financial Officer, Mr. Cristiano Borean, commented: “Generali Group ended the first quarter of 2021 with excellent results, in line with the set targets and affirming the effectiveness of the strategy. Generali 2021′”. “The Group continues to be one of the market’s leading insurers, with a strong financial position. We are in the process of rebalancing our life insurance product portfolio and thus have been able to maintain positive profitability in the context of low interest rates. Generali also continues to achieve the best and most consistent mix ratios in the market, as well as impressive results in asset management and other businesses. The strong growth in operating profit and net profit also shows that the group continues to operate effectively in the context of the macro economy still facing many uncertainties caused by the pandemic.” – Mr. Cristiano Borean shared. Specifically, as of March 31, 2021, Generali’s operating profit reached 1.6 billion euros (up 11%), thanks to the profit growth of non-life insurance, asset management and other business activities. At the same time, the life insurance segment achieved a stable profit compared to the same period last year. Gross premium revenue reached 19.7 billion euros (+4.2%), of which life insurance increased by 5.5% and non-life increased by 1.9%. Net cash flow from life insurance business amounted to €3 billion (up 1%), focused on unit-linked and protection products. The combined ratio hit 88% (down 1.4 percentage points) and the return on new mining revenue also recorded impressive results, leading the market at 4.44% (up 0.4 points). percent). Net profit of up to 802 million euros (compared to 113 million euros in the same period last year) – the first quarter of 2020 was significantly affected by the decline in investment assets and funding costs for the Special International Fund Covid-19. Strong financial position, with a solvency margin of 234%, thanks to an effective capital optimization strategy and positive market situation in the first quarter of 2021.

Agribank Realtime Payments System – Agribank’s real-time low-value payment system won the Sao Khue Award 2021 for Outstanding IT System in the banking sector. Sao Khue Program is the most reliable and reputable professional assessment activity in the software and IT service industry in Vietnam. The program voted and recognized the top excellent and reputable products and services of the software industry and information technology services (IT) of Vietnam by the Vietnam Software and IT Services Association ( VINASA) held since 2003. Products and services awarded Sao Khue award with outstanding quality and efficiency are always trusted, selected by customers, creating a competitive advantage in the market. Agribank Realtime Payments Technology – Real-time low-value payment product with the function of processing low-value retail payment transactions instantly (real-time) or near-time (near – realtime) of the day or batch processing at a certain time thereafter, and support many forms of payment of many different types of services. Agribank Realtime Payments uses advanced, stable security equipment capable of handling large amounts of transactions, top loading, stability, high availability, and ensuring the processing time of incoming payment transactions. fastest in the banking system. Agribank Realtime Payments has main features such as: processing payment transactions (application, batch), processing orders, declaring, managing, looking up customer identification information, managing limits, handling comparison reason. All payment orders are processed automatically, accurately, responding to the results immediately to the issuing bank, thus increasing processing efficiency, releasing orders quickly, meeting the payment needs of real-time customers. In addition to the function of providing payment services to customers and payment intermediaries, Agribank Realtime Payments can also connect to government agencies and public service providers to provide collection / collection services. bank payments, social subsidies, fixed payments such as electricity, water, postal services. Deploying Agribank Realtime Payments system, in addition to developing retail payment systems and services (automatic electronic clearing system for retail payment transactions, a low-value interbank payment channel to help Agribank handle interbank payments quickly), in addition, it also increases the ability to respond strongly and expand diversified payment services to customers of Agribank. From May, starting to deploy the system to the end of December 2020, Agribank Realtime Payments system has processed a total transaction value of up to VND 6,800 billion and has more than 1.2 million customers using the service. Sao Khue Award 2021 once again recognizes and affirms Agribank’s efforts as a leading bank, a pioneer in creating and deploying excellent digital solutions that provide value to customers and add value. VND, contributing to the implementation of the Government’s Cashless Payment Scheme, jointly implementing the digital transformation, creating a digital life, making digital technology a new driving force for socio-economic development. country.