BIDV Highlights
Hu yen Truc
BIDV wins “Best SME Bank in Vietnam” award
Thanks to its banking solutions for SMEs and positive business results, BIDV has received “Best SME Bank in Vietnam” and “Best Corporate Banking Solution in Vietnam” award by The Asian Banking & Finance (Singapore) for the 3rd consecutive year.
D
r. Tran Long – Senior Executive Vice President of BIDV said: “This award marks a milestone in the 5 years BIDV has concentrated on the SMEs sector. With the orientation of putting customers at the center, employing breakthrough technology, BIDV continues to accompany SME customers towards building a dynamic and sustainable SME community”.
To make a decision on the award, the consulting council of The Asian Banking & Finance has taken into account the business results and commitments that BIDV had made for SMEs compared with other banks. Having made continuous efforts, BIDV has achieved outstanding results in SME banking, such as: customer base expanding rapidly to 310,000 SME customers in 2020, accounting for 39 percent of those in Vietnamese banking system; outstanding balance of SMEs at the bank reaching VND350 trillion (USD15 billion), a 20 percent year-on-year growth; income from SMEs banking contributing more than 30 percent to the bank’s total income. To land such outstanding results and maintain its leading position, BIDV has provided comprehensive solutions to customers.
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B I D V review
Promoting sustainable green credit line BIDV has been focused on promoting green credit growth and social risk management in its credit activities. The bank has proactively prioritized capital of up to USD1 billion for SME customers doing business in renewable energy, wind energy, and solar energy; especially women-owned businesses and those in agricultural and rural sectors.
