BIDV continues to receive the highest credit rating in Vietnam

On March 19, credit rating agency Moody's released the latest credit rating report of BIDV. Accordingly, BIDV's long-term domestic/foreign currency deposit ratings and issuer ratings are maintained at the same level as the Vietnamese Government's ratings and are among the banks with the highest credit ratings in the Vietnamese market.

Moody's appreciates BIDV's strong customer deposit base and its high likelihood of receiving government support when needed. BIDV's ability to mobilize and maintain liquidity is a strength thanks to its position as one of the largest state-owned banks in Vietnam.

Specific rating results include: Long-term deposit rating at Ba2, long-term issuer rating at Ba2 and outlook rating at stable.

BIDV brother 1

The ability to mobilize and maintain liquidity is BIDV's strength thanks to its position as one of the largest state-owned banks in Vietnam.

BIDV is the first Vietnamese bank to receive an international credit rating. 2025 is the 20th consecutive year that BIDV has invited Moody's to conduct a credit rating. Inviting a prestigious international organization to conduct a credit rating for BIDV has contributed to affirming BIDV's commitment to transparency and implementing a strategy of applying the best international standards to its business operations.

After 68 years of construction and development, BIDV has become the largest commercial bank in Vietnam with financial capacity and modern technology platform, high-quality human resources, implementing the environmental - social - governance (ESG) management model towards sustainable development and responsibility to the community...

As of December 31, 2024, BIDV's total assets reached VND 2.7 million billion, maintaining its position as the largest commercial bank in Vietnam, capital mobilization reached VND 2.14 million billion, accounting for 14.3% of the industry's market share, outstanding credit reached VND 2.02 million billion, accounting for more than 13% of the industry's market share.

BIDV's structural, efficiency and operational safety indicators all met and exceeded the set plan, State capital at BIDV was preserved and developed, BIDV continued to be in the top of Vietnam in corporate income tax payment...

BIDV leads the market in terms of customer base with 22 million individual customers, nearly 500,000 corporate customers and more than 2,300 financial institutions worldwide...

Source: https://znews.vn/bidv-tiep-tuc-duoc-dinh-hang-tin-nhiem-o-muc-cao-nhat-viet-nam-post1544197.html