Bank credit registers slight fall in first two months

Bank credit registers slight fall in first two months

Credit growth fell slightly at the start of the year.
Banks remain prudent about 2024 targets

Banks remain prudent about 2024 targets

Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.
Standard Chartered and BIDV sign $100 million sustainable trade loan agreement

Standard Chartered and BIDV sign $100 million sustainable trade loan agreement

Standard Chartered has signed a deal with BIDV for a sustainable trade loan of up to $100 million.
BIDV and Edmond de Rothschild form alliance to elevate Vietnam's private banking sector

BIDV and Edmond de Rothschild form alliance to elevate Vietnam's private banking sector

BIDV formalised a strategic partnership with the Geneva-based private banking and asset management firm Edmond de Rothschild on November 16.
BIDV pioneers ICMA compliant green bond issuance

BIDV pioneers ICMA compliant green bond issuance

BIDV spearheads Vietnam's first green bond issue, paving way for sustainable finance.
BIDV selects IBM API Connect to enhance banking experience

BIDV selects IBM API Connect to enhance banking experience

BIDV has selected IBM API Connect as the platform to build a new API management system to maximise the digital banking experience of its clients.
Local banks seek foreign funding

Local banks seek foreign funding

Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.
BIDV becomes largest bank in Vietnam by total assets

BIDV becomes largest bank in Vietnam by total assets

BIDV has reported a 58 per cent year-on-year increase in pre-tax profit to over VND6.6 trillion ($288.7 million) for the first quarter of 2023.
BIDV enters strategic partnership with Switzerland-based Edmond de Rothschild

BIDV enters strategic partnership with Switzerland-based Edmond de Rothschild

The private banking services of BIDV, with support from Switzerland-based private banking institution Edmond de Rothschild, are expected to provide tailored financial solutions and investment advice to high-net-worth clients in Vietnam.
BIDV-first Vietnamese bank to issue Sustainable Loan Framework

BIDV-first Vietnamese bank to issue Sustainable Loan Framework

The Bank for Investment and Development of Vietnam (BIDV) on February 16 officially issued a Sustainable Loan Framework in consultation with the Carbon Trust.
MVV Academy accompanies BIDV to launch SME digital platform

MVV Academy accompanies BIDV to launch SME digital platform

Bank for Investment and Development of Vietnam (BIDV) launched BIDV SMEasy digital platform to support SMEs. The platform is sponsored by the Asian Development Bank (ADB), while MVV Academy is a consulting and development unit.
Vietnam Report announces Top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
Hana Financial acquires stake in BIDV Securities

Hana Financial acquires stake in BIDV Securities

The South Korean financial group Hana Financial Investment acquired a 35 per cent stake in BIDV Securities on April 25.
Foreign banks grab slice of investment promotion action

Foreign banks grab slice of investment promotion action

More foreign banks are engaging in the organisation of investment promotion events, facilitating Vietnam to attract more investors to the country.
Banks raise provisions in anticipation of bad debt

Banks raise provisions in anticipation of bad debt

In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
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