The 'National Brand' logo was presented by Prime Minister Pham Minh Chinh to a representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ) within the framework of the 'Vietnam National Brand Product Announcement Ceremony' held on November 4, 2024 in Hanoi.
With the theme " Strengthening the Green Era" , the Vietnam National Brand Program 2024 honored 190 enterprises with a total of 359 products. With positive results in business activities, positive contributions to the country's socio-economic development in general and the National Strategy on Green Growth in particular, BIDV was honored as a "National Brand". This is the 8th time BIDV has received this honor.
Prime Minister Pham Minh Chinh presented the "National Brand" logo in 2024 to Mr. Dang Van Tuyen - Member of BIDV Board of Directors
In recent times, in the face of complicated market developments, BIDV has continued to make efforts to maintain stable, safe and effective operations. By September 30, 2024, BIDV's total consolidated assets reached over VND 2.58 million billion (equivalent to USD 101 billion), continuing to maintain its position as the bank with the largest total assets in the market; capital mobilization from organizations and individuals reached VND 2.07 million billion; outstanding credit balance reached VND 1.96 million billion; consolidated pre-tax profit reached VND 22,047 billion... BIDV is also among the leading enterprises in the market in terms of corporate income tax payment.
BIDV brand continues to spread with an ecosystem of more than 1,100 branches, transaction offices, member units, and commercial presence in 5 countries and territories... BIDV maintains its position as the commercial bank with the largest customer base in the market with nearly 500,000 corporate customers, more than 20 million individual customers, and has cooperative relationships with more than 2,300 financial institutions from 177 countries and territories. In addition to positive results in business activities, BIDV continues to affirm its pioneering position on the path of positioning the "Green Bank" brand and increasingly contributing to the National Strategy on green growth for the period up to 2030, with a vision to 2050. BIDV is also a commercial bank that has early identified the viewpoint of "sustainable development" in its Development Strategy and Long-term Vision. Currently, BIDV continues to complete synchronous legal regulations according to the direction of the Government and the State Bank, ready to accompany Vietnamese enterprises in creating a green economy.
Recently, in addition to issuing the Sustainable Loan Framework, Green Bond Framework... creating the premise for implementing green credit packages, preferential capital funding programs for green construction projects, BIDV continues to issue the Environmental and Social Risk Management Framework in Trade Finance Activities (ESMS Framework), marking a pioneering step in accompanying import-export enterprises to promote global trade, strengthen value chains and sustainable growth... In addition, BIDV also demonstrates strong social responsibility in actively implementing green initiatives related to gender equality and committing to long-term companionship, improving the community's capacity to respond to climate change.
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