Joint Stock Commercial Bank for Investment and Development of Vietnam

Fields of operation

– Bank: BIDV functions as a leading experienced bank of finance services, brokerage, loan syndication and advisory,modern, convenient banking products.

– Insurance: BIDV provides products for non-life insurance designed to match the overall package to customers of BIDV.

– Stock: BIDV provides a wide range of brokerage services, investment and investment consultant with the ability of quickly developing a system of agents to receive orders nationwide.

– Financial investments: BIDV includes financial leasing, security trading and capital contribution with the aim at establishing investment companies to the project; Especially, it plays a leading role in coordinating key projects of the country such as company Aviation stock leasing (VALC) development company highway (BEDC), Investment, Long Thanh International Airport …

* Human Resources

– With more than 16,000 officers, employees and financial consultants who are well-qualified and well-trained with full experience and have been accumulated and transferred for over half of a century, BIDV always brings its customers the benefits and reliability.

* Network

– Banking Network: BIDV has 118 branches and 500 transaction offices, thousands of ATMs and POS transactions in 63 provinces and cities nationwide

– Non-banking Networks: consists of Investment Securities Company (BSC), Insurance and Investment Company (BIC) and Leasing Company with more than 20 branches nationwide.

– Overseas representatives: It trades on all three sectors: Banking, Insurance and Financial Investment in Laos, Russia and especially in the Cambodian market (Investment and Development Company of Cambodia – IDCC, Investment Banking and Development of Cambodia – Cambodian BIDC, Insurance Company – CVI.

– Joint venture Bank: Co-operates more effectively with international partners such as Bank VID-Public Venture (partner Malaysia), Bank of the Lao-Vietnamese joint venture (with partner Laos), Vietnam Russia Joint Venture Bank – VRB (with partners Russian), BIDV Tower Joint Venture Company (Singapore partner), venture investment management BIDV – Vietnam Partners (U.S. partner), etc.

* Customers

BIDV trades with:

– Enterprises: corporations, big corporations, small and medium enterprises

– Financial institutions: BIDV is the reliable choice for a number of Financial institutions such as unilateral and multilateral World Bank, ADB, JBIC, NIB …

– Individuals: Millions of individuals have used the services of BIDV. It has continuously tried to reach the goal of becoming a retail bank of high standards.

* Technology

– BIDV always has innovations and technology applications serving effectively for the management and development of advanced banking services, developing the most advanced information technology systems such as ATM, POS, Contact Center, to consolidate and develop all infrastructure systems such as monitoring of network resources, network-oriented services (SONA), access control workstation; enhance information processing service, banking executive management MIS; CRM.

– Since 2007, BIDV has occupied the leading position in the top list of Vietnam ICT Index (index available for application development and information technology) and in the typical Top 10 CIO (Information Technology Leadership) in the area of Indochina in 2009 and of ASIA in 2010.

* Business reputation of BIDV

– BIDV is the choice, the trust for economic organizations, the leading enterprises of both countries and individuals in accessing the financial and banking services.

– BIDV has been known and recognized as one of the largest banking brand in Vietnam and certified as a trademark in the U.S. and also rewarded annually from organizations, financial institutions at home country and abroad.

– BIDV is always the pride of generations of staff and financial and banking sector in 55 years with traditional professional development investment for the country

GENERAL INFORMATION

  • Registered name in Vietnamese: NGÂN HÀNG THƯƠNG MẠI CỔ PHẦN CÔNG THƯƠNG VIỆT NAM
  • Registered name in English: VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE
  • Trading name: VietinBank
  • Banking License: No. 142/GP-NHNN dated 3rd July 2009 by the State Bank of Vietnam
  • Certificate of Business Registration: No. 0100111948 by Hanoi Department of Planning and Investment for the first issuance on 3rd July 2009, registered for the 12th amendment on 8th September 2021
  • Charter Capital: VND 48,057,506,090,000
  • Shareholders’ Equity: VND 93,247,451,000,000 (as of 30th June 2021) 
  • Head Office: 108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, Vietnam
  • Tel: (84-24) 3942 1030
  • Fax: (84-24) 3942 1032
  • Website: www.vietinbank.vn
  • Securities Code: CTG

VISION

A leading multi-functional, modern and efficient bank in Vietnam, being among the Top 20 strongest banks in the Aisa-Pacific region by 2030; and by 2045, being the strongest and most prestigious bank in Vietnam, a leading bank in the Asia-Pacific region and a highly reputable bank in the world.

MISSION

Being a pioneer bank in the country's development on the basis of bringing optimal value to customers, shareholders and employees.

CORE VALUES

1. CUSTOMER-CENTRICITY

"To consider the needs of customers as the goal of the Bank to serve. Listen to voice of customers and share with stakeholders to come up with solutions/consultancy services to meet customer needs. At the same time, ensuring safety for internal and external customers."

2. CREATIVE INNOVATION

"To show constant creativity in all activities; to ensure continuous innovation with inheritance in order to create the best value for the system, customers and contribute to the development of the country."

3. INTEGRITY

"To be consistent in thinking and action to ensure compliance, discipline, regulation, honesty, transparency and uphold professional code of ethicss."

4. RESPECT

  "To demonstrate attitudes and actions of listening, sharing, caring and acknowledging with customers, partners, shareholders, leaders, colleagues, and respecting one's self.

5. RESPONSIBILITY

"To demonstrate the spirit, attitude and action of VietinBank’s whole system, each unit and each employee in showing high responsibility towards customers, partners, shareholders, leaders, colleagues and for the brand of VietinBank. Well practising VietinBank’s social responsibility to the community is the responsibility, role, honor, and pride of VietinBank."

BUSINESS PHILOSOPHY

  • Safe, efficient and sustainable;
  • Loyal, dedicated, united, innovative, intellectual, disciplined;
  • The prosperity of VietinBank’s customers is our ultimate success.

  • Joint Stock Commercial Bank for Investment and Development of Vietnam

Where is BIDV?

BIDV: Government Bank in Vietnam, Asia Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is a Government Bank located in Hanoi Vietnam, Asia.

What is BIDV stand for?

BIDV was founded on 26 April 1957 under the initial name of Bank for Construction of Vietnam, then renamed Bank for Investment and Construction of Vietnam (1981 - 1990), Bank for Investment and Development of Vietnam (1990 - 2012), and Joint Stock Commercial Bank for Investment and Development of Vietnam (since 2012).