Hanoi, 27 March 2025 - The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has achieved a significant milestone in its decade-long journey as an industry leader, securing two prestigious awards from The Asian Banker: Best Home Loan Financing in Vietnam for the 6th time and Best Private Bank in Vietnam for the third consecutive year.

From “With BIDV You Have a Home” to the Best Home Loan Financing in Vietnam

For BIDV, homeownership is not just a financial goal, but a life-defining milestone. With the long-term commitment of, “With BIDV, You Have a Home,” BIDV has become a trusted partner for millions of Vietnamese families on their journey to secure their homes.

This commitment was recognized by The Asian Banker which honored BIDV with the Best Home Loan Financing in Vietnam award at the Vietnam Excellence in Retail Finance and Financial Technology Awards ceremony, marking the sixth time the bank has received this prestigious accolade.

BIDV representative received Best Home Loan Financing in Vietnam 2025 award

The recognition was complemented by the announcement of BIDV’s new VND40 trillion credit package aimed at supporting young buyers in purchasing homes. This package is the largest and most preferential on the market for young people, offering groundbreaking policies, including: A fixed interest rate of 5.5% for the first three years, a five-year grace period without principal repayment, and a loan term of up to 40 years for eligible applicants under 35 years old. This package reflects BIDV’s deep commitment to empowering the younger generation of Vietnam to confidently pursue homeownership.

Beyond competitive rates, extended loan terms, and high loan limits tailored to customer needs, BIDV leads the way in leveraging cutting-edge technology in the home loan process. With the BIDV Home app, the loan experience is faster and more transparent, powered by technologies such as AI, Machine Learning, and OCR. The These innovations automates document processing, reducing data entry time by up to 50%, and enhancing smart property valuations, providing users with data-driven insights to make informed financial decisions.

This award marks not only a key milestone in BIDV’s decade-long leadership in Vietnam’s retail banking sector but also serves as an inspiration for continued innovation in bringing homes to millions of Vietnamese families.

Create new experiences

At the same ceremony “Vietnam Excellence in Retail Finance and Financial Technology Awards”, BIDV was also named “Best Private Bank in Vietnam” for the third consecutive year.

BIDV representative received Best Private Bank in Vietnam 2025 award

The Asian Banker’s representative noteed: “This award reflects BIDV’s vision and exceptional performance in the private banking services, driven by market-leading wealth management and digital financial solutions. BIDV has delivered outstanding financial performance, demonstrated market leadership and innovation to provide optimal value to high-net-worth customers, achieving sustainable growth that surpasses the bank’s domestic peers.”

BIDV has pioneered the private banking sector as the first state-owned commercial bank to establish and operate a Private Banking Center, and has since expanded its network with a new dedicated center for ultra-high-net-worth individuals in Ho Chi Minh City. The bank’s private banking division is continuously evolving, developing a robust strategic partnership ecosystem that provides comprehensive financial solutions, including wealth management, inheritance planning, tax advisory, and educational consulting services.

BIDV’s Private Banking division is a leader in digitizing investment advisory services, constantly diversifying its product offerings and delivering customized financial solutions to clients such as business owners and high-net-worth women seeking advanced asset management and long-term wealth preservation. Furthermore, BIDV offers exclusive privileges, such as premium healthcare services, golf experiences, luxury resort access, and personalized investment events, to help clients stayinformed on market trends and optimize their financial strategies.

BIDV’s private banking division has seen impressive growth, with a 30% increase in both the number of high-net-worth individuals (HNWIs) and assets under management in 2024, solidifying its leadership in Vietnam’s private banking market.

More information:

The Asian Banker is one of Asia’s leading prestigious magazines in banking and finance with a large audience globally. The Asian Banker rankings are the most prestigious and transparent awards in the Asian banking industry. In addition to the two awards, BIDV was also named Best Retail Bank in Vietnam for the tenth time during a separate awards ceremony held in Japan.