Bank for Investment and Development of Vietnam · Hanoi Vietnam

BIDV is building on Vietnam's growing economy. Bank for Investment and Development of Vietnam (or BIDV) is one of the country's largest state-owned commercial banks, with more than 100 branches, transaction offices, and subsidiary locations. BIDV was founded in 1957 and converted to a full commercial bank in 1995. The majority of its portfolio is in commercial loans -- primarily construction, manufacturing, and agricultural loans. Most borrowers are state-owned enterprises; the rest of the bank's portfolio also includes loans for state-directed projects. In addition to traditional lending and leasing, BIDV invests in companies, disperses government funds, and performs wholesale banking for World Bank projects. To read the full description, subscribe now.