BIDV representative received the award for Best FDI Customer Service Bank in Vietnam in 2024 – Photo: Contributor
According to the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), this is a prestigious award presented by Asian Banking & Finance Magazine and is the third consecutive time BIDV has been honored. This award affirms BIDV’s efforts and outstanding results in serving FDI (foreign direct investment) customers.
Promoting the strength of the largest commercial bank in Vietnam, BIDV said it has built strategies and implemented many policies to strengthen extensive cooperation with FDI enterprises.
BIDV focuses on promoting corporate and project financing activities with diverse structures and flexibility in collateral policies, including: direct lending, syndicated lending or issuance of standby letters of credit.
BIDV is committed to always promoting the value brought to businesses by increasing the connection speed between suppliers – distributors – consumers through products such as chain financing, competitive interest rates, and complete retail products for officers and employees at businesses…
According to BIDV, this bank is cooperating and providing products and services to more than 8,100 FDI enterprises from Japan, Korea, China, etc.
This number of customers accounts for about 30% of the FDI customer market share in Vietnam, including many leading enterprises in key economic sectors such as phones – electronic equipment, textiles, petrochemicals, automobiles – motorbikes, real estate, food services, retail, accommodation services, renewable energy…
To serve FDI customers more effectively, BIDV said it has established a foreign corporate customer department at the Head Office and foreign corporate customer departments at key branches.
The FDI customer management team at BIDV consists of highly qualified and fluent staff, organized into specialized groups. In addition, BIDV has close coordination with the staff of the strategic shareholder (Hanabank – Korea) and 33 Japanese partner banks.
With a strong FDI customer management staff and appropriate mechanisms, BIDV is ready to advise and provide financial and banking solutions as well as support in resolving common legal problems in the investment process of FDI enterprises in Vietnam.
Asian Banking and Finance (ABF) is a Singapore-based financial magazine. Every year, ABF organizes a series of awards to honor credit institutions with breakthrough or specialized retail and wholesale solutions and products for large/specialized customers.
The award “Best FDI Customer Service Bank in Vietnam 2024” was given to BIDV under the ABF Wholesale Banking Awards 2024 series (exclusively for wholesale banking sector), evaluated by experts from the world’s leading auditing/consulting firms such as PwC, Deloitte, Ernst & Young, Bain and Company.
BIDV receives two prestigious international awards