BIDV Review 72 - June 2021

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BIDV HIGHLIGHTS

L I EN HUONG

Fostering long-term partnership Under the agreement, through development opportunities in the fields of design consultancy, construction, property, energy and production projects of Xuan Mai Corp, BIDV will provide working capital, medium and long term capital for implementation. At the same time, through the operation of a large financial institution like BIDV, Xuan Mai Corp can gain access to financial resources for its projects, as well as banking services and products to improve business efficiency and customer service quality.

BIDV and Xuan Mai Corp sign comprehensive cooperation agreement for 2021-2025 period

BIDV and Xuan Mai Investment and Construction Corporation (Xuan Mai Corp) will bolster partnership, ensuring longterm and sustainable cooperation based on the strength of each party.

OFFERING GREAT OPPORTUNITY On 1 June 2021, at BIDV's headquarters, Mr. Tran Long - BIDV's Senior Executive Vice President and Mr. Bui Khac Son - Chairman of the Board of Directors of Xuan Mai Corp signed a cooperation agreement for the 20212025 period under the witness of Mr. Phan Duc Tu - Chairman of the Board of Directors of BIDV, Mr. Le Ngoc Lam – BIDV’s Chief Executive Officer, Mr. Nguyen Tho Phung - Member of the Board of Directors of Xuan Mai Corp, Mr. Nguyen Cao Thang – Chief Executive Officer and managers of the two sides.

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BIDV REVIEW

Besides, as the leading financial institution in Vietnam, BIDV can refer potential customers to Xuan Mai Corp on a reasonable basis, helping the company to boost sales with the best quality and competitive products. Xuan Mai Corp, a reputable property developer implementing a series of projects in many big provinces and cities across the country, is committed to creating favorable conditions for BIDV to develop its network of branches, transaction offices, and ATMs at its buildings and projects. The company will also share opportunities with BIDV to promote the bank’s brand at its real estate projects. This signing ceremony marks a new development milestone in the relationship between Xuan Mai Corp


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