BIDV listed in world’s 2,000 largest companies
The Bank for Investment and Development of Vietnam (BIDV) has made its way into Global 2000, a list of the world’s largest and most powerful enterprises selected by US business magazine Forbes.
In the past few years, the bank has received a array of prestigious awards from both domestic and international organisations for their stellar performances.
Along with the successful merger with Mekong Housing Bank (MHB), BIDV fulfilled its business target in 2015, according to BIDV General Director Phan Duc Tu.
By the end of December 31, BIDV’s assets totaled VND857 trillion (US$38.2 billion), increasing 25% from 2014’s figure. The bank’s charter capital stood at over VND34 trillion (US$1.5 billion) while profit before tax was estimated at over VND7 trillion (US$312.3 million), rising 16% from the previous year.
BIDV has been evaluated by Moody’s and Standard and Poor (S&P) credit rating agencies, as a bank with sustainable prospects, and is among the Vietnamese financial institutions recieving the highest credit rating from the agencies.
Along with the successful merger with Mekong Housing Bank (MHB), BIDV fulfilled its business target in 2015, according to BIDV General Director Phan Duc Tu.
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By the end of December 31, BIDV’s assets totaled VND857 trillion (US$38.2 billion), increasing 25% from 2014’s figure. The bank’s charter capital stood at over VND34 trillion (US$1.5 billion) while profit before tax was estimated at over VND7 trillion (US$312.3 million), rising 16% from the previous year.
BIDV has been evaluated by Moody’s and Standard and Poor (S&P) credit rating agencies, as a bank with sustainable prospects, and is among the Vietnamese financial institutions recieving the highest credit rating from the agencies.