BIDV Review 79 - Jannuary & February 2022

Page 26

partners

Hu u Th anh

BSC sustains breakthrough growth In 2021, BIDV Securities Company (BSC) continued to achieve breakthroughs in all areas of business namely brokerage and margin lending, financial consulting, and proprietary trading.

B

SC has fulfilled the dual goal of ensuring the health and safety of its employees and completed the business plan. BSC's operating revenue hit more than VND1,333 billion (USD58.7 million), with profit before tax reaching VND435.58 billion (USD19.2 million), 2.7 times higher than that in 2020 and 2.4 times higher than the business plan as approved at the April General Meeting of Shareholders. Brokerage and margin lending continued to be a prominent contributor with revenue of VND810 billion (USD35.7 million), 2.2 times higher than 2020. Proprietary trading recorded a profit of VND190 billion (USD8.4 million), in which the stock investment generated an outstanding rate of return. Financial consulting activities also posted outstanding results with revenue of VND76 billion (USD3.4 million). In 2021, BSC launched premium consulting services to large enterprises and corporations, with a series of

successful bond issuance advisory transactions which were highly appreciated by partners including Becamex IDC, Becamex ITC, Novaland Group, Hung Thinh Land, Intracom, Vietinbank... The total value of bonds issued under BSC’s advisory in 2021 hit more than VND10 trillion (USD440.5 million). For capital market services, typical consulting transactions included Vietnam Airlines charter capital increase by VND8 trillion (USD352.4 million) to more than VND22 trillion (USD969.2 million). BSC was selected as the capital consultant for Long Thanh International Airport investment project (ACV).

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B I D V r e vi e w

In the year, BSC launched diverse securities investment consulting services to improve customer experience such as: opening securities accounts online with eKYC technology, Transaction consulting and customer support on Zalo platform (BSC Zalo), quick sending/depositing money into securities accounts via the number series 9618… With the goal of promoting cross-selling in BIDV system, BSC deployed securities transaction support points to 189 branches of BIDV. With positive business performance and improved product and service quality, in 2021 BSC was honored with many awards by prestigious


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Articles inside

Calligraphy - an ancient Tet art

2min
pages 32-33

Tet gifts for disadvantaged communities

2min
pages 34-36

The Tet tradition in Vietnam

3min
pages 30-31

A huge credit package for individual customers

1min
page 29

Fostering sustainable development in the pandemic

3min
pages 24-25

Partnering with NAPAS to launch DFS acceptance services

1min
page 23

BIDV reduces trade finance and international money transfer fees

1min
page 28

BSC sustains breakthrough growth

3min
pages 26-27

Building on successes for a higher jump

1min
page 21

BIDV named typical partner bank of NAPAS in 2021

1min
page 22

RCEP offers opportunities for promoting trade and investment

1min
page 20

New circular on foreign currency transactions with credit institutions

1min
page 19

FDI attraction hit over USD31 billion

2min
page 18

A year of breakthroughs for the corporate segment

3min
pages 12-13

BIDV pioneers in applying IFRS 9

1min
page 10

Rising to the challenge

4min
pages 14-15

Building solid foundations for sustainable growth

4min
pages 8-9

10 spotlights of BIDV in 2021

5min
pages 6-7

BIDV waives all transfer fees on digital channels

2min
page 11

BIDV named Best Digital Consumer Bank

1min
page 5

Maintaining growth momentum in 2022

4min
pages 16-17
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