BIDV's asset
BIDV

@bidv.com.vn

Joint Stock Commercial Bank for Investment and Development of Vietnam

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About

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BIDV, officially known as Bank for Investment and Development of Vietnam, is one of the largest commercial banks in Vietnam. It was established on April 26, 1957, with the aim of facilitating investment and development projects in the country. BIDV's headquarters is located in Hanoi, the capital city of Vietnam.


BIDV offers a wide range of banking products and services to both retail and corporate customers. These include deposit accounts, loans, trade finance, cash management, treasury services, insurance, and wealth management. The bank also provides international banking services, such as foreign exchange transactions, remittances, and correspondent banking.


In terms of global operations, BIDV has expanded its presence beyond Vietnam. It has established subsidiaries and joint ventures in several countries, including Laos, Cambodia, Myanmar, and Russia. These overseas entities support the bank's international business activities and contribute to its overall growth strategy.


BIDV also has partnerships with global banks to enhance its capabilities and reach in the international banking arena. With a strong market position in Vietnam, BIDV is a dominant player in the country's banking sector. It consistently ranks among the top banks in terms of assets, deposits, and loans.


BIDV faces competition from other major Vietnamese banks, such as Vietcombank and VietinBank, as well as international banks operating in the country. Over the years, BIDV has achieved significant milestones and received various accolades. In 2012, it was recognized as the Best Retail Bank in Vietnam by The Asian Banker.


The bank has also been listed in the Forbes Global 2000, which ranks the world's largest public companies. These achievements highlight BIDV's strong performance and reputation in the market. As of the latest information available, BIDV continues to be a key player in Vietnam's banking sector.


The bank is focused on innovation and digital transformation to provide better services to its customers. BIDV's current status reflects its commitment to growth and its efforts to adapt to the evolving needs of the market

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