PROLooking for more than just a company report? Upgrade to Pro now

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Active

Business ID 0100150619

84-24 / 2220 5544

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Active

Business ID 0100150619

84-24 / 2220 5544

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Active

Summary

Name:

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Business ID (TIN):

0100150619

Date of Registration:

23 Apr 2012

Registered Office:

Governor of The State Bank of Vietnam

Ticker:

BID

Address:

BIDV Tower, No. 194, Tran Quang Khai Street, Ha Noi City, Vietnam

Phone:

84-24 / 2220 5544

Fax:

(84-24) 2220 0399

Financial Statement:

2020, 2021, 2022, 2023, 2024

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is one of Vietnam’s most significant financial institutions, playing a vital role in the country’s banking and investment sectors. With total assets reaching USD 94.53 billion as of 2023, BIDV continues to expand its market influence, providing comprehensive financial services to businesses and individuals. As a state-owned bank, it maintains strong government backing, with the State Bank of Vietnam holding an 80.99% stake, ensuring stability and trust among its customers.

Financial Data & The Performance

BIDV has demonstrated impressive financial growth, with total assets increasing from USD 72.37 billion in 2021 to USD 94.53 billion in 2023, reflecting an 8.5% year-on-year increase in 2023. The bank’s net profit surged by 19.78% in 2023, reaching USD 902.89 million, while owner's equity grew by 18.62% to USD 4.84 billion.

Despite a slower increase in interest income (0.31% YoY in 2023) compared to previous years, BIDV maintains a strong financial position with its diversified revenue streams, including loans, investments, and treasury operations.

Comprehensive Banking Services

BIDV provides an extensive range of banking and financial services, including:

Capital Mobilization: Accepting short-term, medium-term, and long-term deposits from individuals and institutions.
Lending Services: Offering credit solutions for businesses and personal customers.
Treasury & Payment Services: Providing domestic and international payment services, forex trading, and investment in bonds.
Investment Activities: Contributing capital, acquiring shares, and participating in monetary intermediation under legal regulations.

With over 29,000 employees and a well-established presence across Vietnam, BIDV serves a diverse customer base, from corporate clients to individual account holders.

Risk Management: Strengthening Financial Stability

Risk management is a critical component of BIDV’s banking strategy, given its USD 71.37 billion in loans and advances to customers. The bank actively monitors credit risk, market fluctuations, and investment portfolios to ensure financial security. However, external Risk Management solutions, such as those provided by Vanbizinfo, can further strengthen BIDV’s ability to evaluate potential business risks, improve credit risk analysis, and mitigate financial uncertainties.

Leveraging Financial Data for Strategic Decision-Making

BIDV relies on Financial Data to assess market conditions, evaluate investment opportunities, and optimize lending strategies. The ability to access accurate, real-time financial insights is crucial for maintaining its competitive edge. Vanbizinfo’s Financial Data solutions can provide enhanced analytics and risk assessment tools, helping BIDV refine its credit scoring models, financial forecasting, and decision-making processes.

Shareholding Structure & Market Position

BIDV is a publicly traded company, listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol BID. The bank’s ownership structure includes:

State Bank of Vietnam – 80.99%
KEB Hana Bank (South Korea) – 15%
Other shareholders – 4.01%

This strategic partnership with KEB Hana Bank strengthens BIDV’s international banking capabilities, particularly in foreign exchange and cross-border financial services.

As one of Vietnam’s largest commercial banks, BIDV continues to grow its financial strength while prioritizing risk management and financial data utilization. Suppose the bank is integrated with advanced risk management strategies and is leveraging financial data solutions from Vanguard Business Information LLC. In that case, BIDV can enhance its decision-making capabilities and ensure long-term sustainability in Vietnam’s evolving banking landscape.

Legal Profile

English Name:

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Vietnamese Name:

NGÂN HÀNG THƯƠNG MẠI CỔ PHẦN ĐẦU TƯ VÀ PHÁT TRIỂN VIỆT NAM

Short Name:

BIDV

Business ID (TIN):

0100150619

Date of Registration:

23 Apr 2012

Registered Office:

Governor of The State Bank of Vietnam

Ticker:

BID

Ownership Status:

State-owned

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAN D.T

+ LE N.L

+ HOANG V.H

+ TRAN L

+ NGUYEN T.Q.G

+ NGUYEN T.H

+ DOAN V.N

+ PHAN T.H

+ TRAN P

+ LE T.T

+ LAI T.Q

Address:

BIDV Tower, No. 194, Tran Quang Khai Street, Ha Noi City, Vietnam

Phone:

84-24 / 2220 5544

Fax:

(84-24) 2220 0399

Branch:

No. 57 Lang Ha Street, Thanh Cong Ward, Ba Dinh District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

6419 Other monetary intermediation

NACE:

64.19 Other monetary intermediation

Industry Sales Growth

CAGR (2019 - 2023)

YoY (2023)

Companies by industry

Company distribution and propportions

6,787

0.2334%

Key Industry Players

Top 10 companies in other monetary intermediation industry

phunguyenhai company limited online mobile services joint stock company fpt wallet company limited viet nam payment solution joint stock company zion joint stock company smart net trading service joint stock company moca technology and service corporation finviet technology corporation 9pay joint stock company one mount consumer joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-75.14%
Owner’s Equity	-8.84%
Working Capital	49.90%
Net Worth	-11.62%
Sales	-95.32%
Operating income	-56.17%
EBIT	62.66%
Gross Profit Margin	2.74%
Debt to EBITDA	-28.23%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

When did JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM start operating?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM was started in 23 Apr 2012

What industry does JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM operate in?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM is operating in "Other monetary intermediation" industry

How can I contact JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM phone numbers is 84-24 / 2220 5544

What adverse news is there about JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM’s has 4 bad news

What is stock symbol of JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM’s stock symbol is BID

Where is the location of JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM is located at BIDV Tower, No. 194, Tran Quang Khai Street, Ha Noi City, Vietnam

What is JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM’s business registration?

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM business registration is 0100150619

My Order (0)

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

JOINT STOCK COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification