BIDV will continue to make strong breakthroughs, becoming a big - strong - green bank.

BIDV 's 2025 operating motto is "Responsible - Lean - Effective - Accelerated transformation"

In 2024, on the basis of complying with the directions and directions of the Government , the State Bank and the Resolution of the 2024 Annual General Meeting of Shareholders, BIDV's Board of Directors has focused on directing the entire system to maximize all resources, flexibly and creatively deploy business solutions; affirming the key and leading role in effectively implementing monetary policies and guidelines; comprehensively, synchronously and outstandingly completing business targets and plans in all aspects; fully performing obligations to the State budget, ensuring the rights of shareholders and employees...

By December 31, 2024, BIDV's business targets have all met the plan: Total assets reached over VND 2.7 million billion, an increase of 20% compared to 2023, continuing to be the joint stock commercial bank with the largest total assets in Vietnam. Capital mobilization is in line with the market and credit growth, ensuring safety and efficiency, implementing capital restructuring measures, and saving capital costs. Total mobilized capital reached nearly VND 2.53 million billion; of which capital mobilization from organizations and individuals reached nearly VND 2.14 million billion, an increase of 13.1% compared to the beginning of the year; accounting for 14.3% of the total deposit market share of the industry. Outstanding credit and investment reached over VND 2.59 million billion; of which outstanding credit balance reached nearly 2.02 million billion VND, an increase of 15.5% compared to 2023, accounting for 13% of outstanding credit balance of the whole economy , leading in market share of loans to economic organizations and individuals in the joint stock commercial banking sector, focusing on production, priority sectors and growth drivers according to the Government's policies and the direction of the State Bank.

Credit structure continues to shift towards sustainability: Retail loans increased by 24.9%, the proportion of total outstanding loans reached 47.3%, up 3.5 percentage points compared to 2023; the proportion of FDI customer loans to total outstanding loans reached 3.5%, up 0.9 percentage points compared to 2023. Green credit loans reached VND 81,000 billion, leading the market, accounting for 12% of total green credit loans in the whole economy. The bad debt ratio was controlled at 1.27%; The bad debt coverage ratio of the commercial banking sector reached 133%.

In 2024, pre-tax profit of the commercial banking sector in 2024 reached VND 30,610 billion, an increase of 14.6% compared to 2023, exceeding the plan assigned by the State Bank and the General Meeting of Shareholders; Consolidated pre-tax profit reached VND 31,990 billion, an increase of 15.9% compared to 2023. Full risk provisions were made according to regulations.

BIDV fully fulfills its obligations to the State budget, ensuring the rights of shareholders and employees: BIDV's equity as of December 31, 2024 reached VND 136,280 billion, an increase of 18.3% compared to 2023; charter capital increased to VND 68,980 billion; market capitalization as of December 31, 2024 reached VND 259,000 billion, an increase of 4.6% compared to December 31, 2023, being one of the 3 enterprises with the highest capitalization in the Vietnamese stock market. BIDV is among the leading enterprises in paying the State budget with an amount of more than VND 9,280 billion.

The profitability and operational safety indicators of the system are guaranteed: ROA and ROE reached 1% and 19.5% respectively; the minimum capital adequacy ratio (CAR) individually reached 8.78%, consolidated reached 9.03%; the loan-to-deposit ratio (LDR) of the commercial banking sector reached 83.65%, meeting the regulations of the State Bank.

Promoting its role as an effective tool of the Party and State, in 2024, BIDV proactively adjusted appropriate interest rate policies to support the economy, with an average reduction of nearly 1.2% compared to 2023; Proactively reduced income by over VND 8,600 billion to support more than 400,000 customers; Restructured debt repayment terms and maintained the debt group to support customers in difficulty with a total outstanding principal and restructured interest of VND 8,500 billion; Implemented a support program in localities directly affected by storm No. 3 (Yagi) with a total outstanding debt scale applied to preferential loan interest rate reduction of VND 100,000 billion.

In 2024, BIDV implemented 185 social security programs with a total support amount of 330 billion VND, including some outstanding programs such as: Sharing with people affected by storm Yagi; Supporting the elimination of temporary and dilapidated houses; Building and presenting flood-avoiding community cultural houses to localities suffering from many natural disasters in the Central region, planting new trees nationwide, presenting water tanks and fresh water filtration equipment to drought-stricken provinces in the Mekong Delta; Organizing the BIDV Run for a green life and warm Tet for the poor program.

BIDV General Director Le Ngoc Lam said that in the coming time, thoroughly grasping the guidelines and policies of the Party and State; the direction and management of the Government and the State Bank; clearly recognizing the development requirements in the new period and promoting the role of the bank with the largest scale of operations in the market, BIDV has determined the general goal for the period 2025-2030: Building BIDV into a leading Big - Strong - Green bank in Southeast Asia; in the Top 100 Asian banks; Vision to 2045 in the TOP 50 Asian banks. BIDV will continue to pioneer in implementing social responsibility, serving the community; actively contributing with the whole country to enter a new era of development - the era of strong, prosperous and prosperous development of the nation.

BIDV has determined its operating motto for 2025 as "Responsibility - Streamlining - Efficiency - Accelerating Transformation", aiming to solve many fundamental issues to create a positive driving force for the entire BIDV system to continue to make a strong breakthrough. BIDV's main business targets in 2025: Outstanding credit balance under the direction of the State Bank, striving to grow by 15-16%; Mobilizing operating capital in line with capital use, ensuring safety and efficiency; Pre-tax profit as approved by competent State agencies, expected to grow by 6-10%; Controlling bad debt ratio according to Circular No. 31/2024/TT-NHNN...

It is known that by the end of the first quarter of 2025, BIDV's commercial banking sector achieved positive business results, closely following the set plan: Total assets reached 2.8 million billion VND; outstanding credit reached 2.07 million billion VND, up 2.6% compared to the beginning of the year; capital mobilization reached 2.17 million billion VND, up 1.7% compared to the beginning of the year; Credit quality was controlled according to management targets; Individual pre-tax profit reached 7,019 billion VND...

Source: https://thoibaonganhang.vn/bidv-se-tiep-tuc-but-pha-manh-me-tro-thanh-ngan-hang-lon-manh-xanh-163422.html