BIDV Review 70 - April 2021

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BIDV Highlights

Tr a ng Trinh

BIDV named Wholesale Bank of the year On 19 April 2021 the Global Banking & Finance Review (GBAF) honoured BIDV as Wholesale Banking Brand of the Year Vietnam 2021, a category in the Global Banking & Finance Awards.

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BAF spoke highly of BIDV’s products and services for institutional customers, affirming BIDV to be a leading bank in Vietnam, a pioneer in applying advanced technology to bring optimal solutions to customers. “Focusing on processes, products, the Wholesale Banking Group of BIDV adapted to the changing behaviours and needs of customers during the Covid-19 pandemic, identifying and implementing solutions to meet their needs”, said GBAF. Given the complicated developments of Covid-19, BIDV has timely acted to support businesses through reducing, exempting interest, restructuring repayment term, keeping customers’ debt classification unchanged, launching largescale credit packages, programs with scale up to VND100,000 billion (USD4.3 billion) and USD100 million. Recently, BIDV has offered the biggest incentive program titled “The optimal choice for businesses” aimed at offering effective financial solutions to customers. GBAF also named BIDV iBank as the Most Innovative Corporate Banking app in Vietnam for 2021. The award is testament to BIDV’s efforts in developing e-banking apps to best

GBAF honours BIDV iBank as the

meet the diverse needs of corporate customers. According to GBAF, “The multifunctionality, modern interface and outstanding features of BIDV iBank support the direct needs of corporate clients, institutional customers, and financial institutions, allowing them to conduct their banking business and complete transactions through internet-

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B I D V review

connected devices from any location, giving the opportunity to execute more operations remotely. This is particularly important as it minimises human contact during the worldwide Covid-19 pandemic.” “Their campaign “BIDV Digi Up - Change to lead” resulted in a record number of customers registering for BIDV iBank. By the end of the first quarter of 2021,


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