BIDV affirms its position in custody and supervision activities

The award given to BIDV in the Financial Market Awards category of The Asian Banker - is an affirmation of BIDV's efforts, success and leading position in providing high-quality services and ensuring safety for customers. Through the application of strict and advanced management standards, BIDV has provided safe and reliable Custody - Supervision services and brought outstanding values ​​to customers.

BIDV representative received the award "Best Custodian Bank in Vietnam 2024".

In Vietnam, BIDV is the first commercial bank in Vietnam to be granted a custody license since 2003. To date, BIDV has had 21 years of experience operating in the field of Custody - Supervision Banking services and has always maintained its No. 1 position among domestic custody banks with the largest scale of custody assets. BIDV is also the only bank in the market that provides comprehensive, full-package services to investors, investment trust portfolios as well as to all types of securities investment funds, such as open-end funds, closed-end funds, member funds, exchange-traded funds, real estate investment funds, and retirement programs.

In recent times, BIDV has focused on promoting investment in technology, digitizing service processes, improving product quality, accuracy, transaction processing speed... to bring better and better customer service quality. With these impressive results and a commitment to continuous efforts, BIDV will continue to improve its Custody - Supervision services to contribute to the sustainable development of financial and banking activities in Vietnam.

The Asian Banker is a prestigious magazine in providing strategies and building development platforms for the financial services industry. The magazine regularly organizes assessments and awards for financial units, focusing on the Asia- Pacific region and some European cities.

To select the winner of the “Best Custodian Bank” award, the Magazine’s Judging Council (consisting of prestigious experts and researchers) independently and thoroughly evaluated the profiles of more than 250 financial institutions in the Asia- Pacific region based on the following criteria: operational efficiency; technology platform; service provision; risk management methods in managing, depositing and monitoring customer assets.

Source: https://www.congluan.vn/bidv-khang-dinh-vi-the-trong-hoat-dong-luu-ky--giam-sat-post296771.html