BANK FOR INVESTMENT AND DEVELOPMENT

Business Nature: Financial Institution (Neither a factory nor a trading company)

Company Overview:

BIDV is one of the largest commercial banks in Vietnam by total assets. Established in 1957, it operates as a state-owned enterprise under the supervision of the State Bank of Vietnam. The bank provides a comprehensive range of financial services, including corporate banking, retail banking, investment banking, insurance, and securities services. It serves as a key financial partner for major national infrastructure projects and plays a pivotal role in the Vietnamese economy by facilitating capital flow, trade finance, and investment activities for both domestic and international clients.

Bank for Investment and Development of Vietnam (BIDV) is a financial institution, not a manufacturing company. It provides a wide range of financial products and services rather than physical consumer goods.

Below are the primary services offered by BIDV:

Financial Services

- Retail Banking: Savings accounts, current accounts, and term deposits.

- Corporate Banking: Business loans, trade finance, project financing, and cash management services.

- Investment Banking: Securities services, underwriting, and capital market solutions.

- Credit Cards and Debit Cards: Visa, Mastercard, and domestic payment cards.

- Insurance Services: Bancassurance products including life and non-life insurance.

- Digital Banking: Mobile banking applications, internet banking, and electronic payment gateways.

- Wealth Management: Advisory services for high-net-worth individuals and asset management.

- Foreign Exchange: Currency exchange and international remittance services.

Subsidiary Operations

- BIDV Securities: Stock brokerage and investment advisory.

- BIDV Insurance: Insurance underwriting and risk management solutions.

- BIDV Leasing: Financial leasing services for machinery and equipment.