BIDV - The first bank to receive Best Private Bank in Vietnam for 2 consecutive years

With strategic steps in perfecting its model, network, specialized investment consulting services and high-class privileges, BIDV became the first domestic bank to be awarded “Best Private Bank in Vietnam” by The Asian Banker for 2 consecutive years.

BIDV representative received award from The Asian Banker Magazine

Established in 1996, The Asian Banker is the leading evaluation and ranking magazine in the banking and finance sector in Asia. The Asian Banker's rankings are rigorously reviewed and transparent, so this is also the most prestigious award category for the banking sector in Asia. Recently, The Asian Banker Magazine voted "BIDV Private Banking" as the best Private Banking service in Vietnam in 2024. This is the second consecutive time a domestic bank has received this prestigious award from The Asian Banker Magazine. The "Best Private Bank in Vietnam" award was evaluated by The Asian Banker Council on many aspects including: strategy, total assets under management, operational efficiency, customer base growth, technology platform, business management. In 2024, BIDV continues to conquer the evaluation council with its strong growth results of its Private customer base and its ability to provide the best Private Banking service in Vietnam. Taking advantage of the long history of a long-standing brand with 67 years of construction and development in Vietnam with a global strategic partnership ecosystem, BIDV Private Banking is proud to bring the best solutions to customers. Creating a new standard for Private Banking services in Vietnam

In November 2023, BIDV and Edmond de Rothschild Group completed the signing ceremony of a strategic cooperation agreement to deploy Private Banking services, marking the first strategic cooperation between a financial institution with the longest history and largest total assets in Vietnam and a leading financial institution in investment in the world , with a long history in Europe, operating multinationally in the fields of banking, asset management and development. Edmond de Rothschild will accompany BIDV and improve its capacity to deploy international standard Private Banking services in Vietnam. BIDV also focuses on building and developing a network of high-end customer centers (PBC) nationwide. With a luxurious and classy service space, the High-end Personal Customer Center is a specialized unit serving only super-rich customers. This is not only a place to conduct consulting and banking transactions, but also a place to help customers interact and connect with people with the same vision and goals through exclusive events with different experiences exclusively for customers.

Another point that The Asian Banker highly appreciates in BIDV's Private Banking service implementation model is the human resource factor. Each Private Banking customer is taken care of by a wealth management director (Private Banker). Experts are well-trained in international standard Private Banking services and certified by prestigious global institutes in the region (WMI Singapore). Customers will be provided with comprehensive wealth management solutions in many fields such as financial/investment consulting, wealth planning and inheritance consulting,education consulting , settlement, tax consulting, real estate; enjoy leading specialized support domestically and internationally. Furthermore, BIDV pays special attention to building and developing specialized products tailored for super-rich customers, helping customers preserve and increase their assets, aiming to accompany and build sustainable relationships with customers across generations. In addition, there is a policy of unlimited privileges, diverse in many areas for customers: health care, lounge, resort, golf, cuisine, spa ... Continuous efforts in building Private Banking services according to international standards have helped BIDV establish a solid position with the number of customers increasing by 83% and total assets under management of high-end customers increasing by 23% in 2023.

PV