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Bank for Investment and Development of Vietnam information


Joint Stock Commercial Bank for Investment and Development of Vietnam
Company typeState-owned
IndustryBanking, Finance, Security
Founded26 April 1957
HeadquartersHoan Kiem, Hanoi, Vietnam
Key people
Lê Ngọc Lâm, CEO
Phan Đức Tú Chairman
ProductsTransaction accounts
Insurance
stock brokerage
Investment bank
Asset-based lending
Consumer finance
Trade
International payments
Foreign exchange
Net income
$315 million USD[1]
Total assets $72 billion USD[2]
Number of employees
23,200 full time equivalent[3]
Websitewww.bidv.com.vn
BIDV branch in Ho Chi Minh City, in the former building of the Franco-Chinese Bank

The Joint Stock Commercial Bank for Investment and Development of Vietnam (Vietnamese: Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam), commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets ($72 billion USD) as of June 2021.[4][5] According to the United Nations Development Programme report on the 100 largest enterprises in Vietnam, BIDV came in at the 4th position after Agribank, VNPT, and EVN.[6]

BIDV received Asia Risk Magazine's House of the Year Award for being at the forefront of the country's economic development by modernising its risk management and developing new financial products such as energy derivatives hedges.[7]

  1. ^ Annual reports. bidv.com.vn, Retrieved 28 March 2024
  2. ^ "TTBC số 25/2021: 6 tháng đầu năm 2021, BIDV duy trì hoạt động ổn định, an toàn; thiết thực hỗ trợ khách hàng và cộng đồng ứng phó đại dịch Covid-19". bidv.com.vn. 30 July 2021. Retrieved 28 March 2024.
  3. ^ Cite error: The named reference Aboutus was invoked but never defined (see the help page).
  4. ^ nangluccanhtranh.chinhphu.vn (30 July 2021). "6 tháng đầu năm 2021, BIDV duy trì hoạt động ổn định, an toàn". nangluccanhtranh.chinhphu.vn (in Vietnamese). Retrieved 24 January 2024.
  5. ^ PHÓNG, BÁO SÀI GÒN GIẢI (1 November 2021). "BIDV duy trì hoạt động ổn định và an toàn, hỗ trợ khách hàng ứng phó đại dịch Covid-19". BÁO SÀI GÒN GIẢI PHÓNG (in Vietnamese). Retrieved 24 January 2024.
  6. ^ "Viet Nam's Top 200 businesses list announced". Ministry of Foreign Affairs, Vietnam. 2 October 2007. Archived from the original on 28 February 2008. Retrieved 19 January 2008.
  7. ^ "House of the Year, Vietnam – BIDV". Asia Risk. 18 October 2012. Retrieved 27 November 2012.

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