BIDV received 12 fixed income awards from Asiamoney magazine at the New Year Awards Dinner 2017 held on 22 February in Hong Kong.

 

​BIDV outperformed other major financial institutions in Vietnam to be named the leading bank in Vietnam for the fourth consecutive year in the Fixed Income category. This category focused on criteria including credit derivatives, interest rate derivatives, commodity derivatives, issue advisory and bond trading, credit research and market coverage, and was polled by corporate customers and financial institutions operating in Vietnam.

Established in 1989 and now a leading financial publication in Asia, Asiamoney is a division of global media group Euromoney Institutional Investor PLC. The Asiamoney Polls and Awards are held annually to honour leading financial organisations in Asia. The Fixed Income Poll awards in particular, awarded to only one bank in each country, are a key component that focus on fixed income from modern capital trading products, including derivatives, debt capital markets (bond book-running, issuance and trading), and market research. The award programme has attracted a raft of leading financial institutions from around the world.

Asiamoney’s evaluations are in-depth and professional and are conducted by gathering opinions and assessments from different organisations. The votes give a full picture of financial institutions as per the following criteria: level of understanding and ability to research products and services; quality of products and services; diversity of products and services, and the understanding of customer needs and ability to meet them.

This year BIDV received the following awards: Overall Best Sales Service in Credit Derivatives on the Local Currency Bonds – VND; Overall Best Pricing for Local Currency Commodities Derivatives – VND; Best Pricing for Commodities Derivatives; Overall Best for Credit in Vietnam; Best for Credit Services in Vietnam; Best for Credit Research & Market Coverage in Vietnam; Best for Credit Sales in Vietnam; Best for Credit Derivatives in Vietnam; Overall Best for Interest Rate in Vietnam; Best for Interest Rate Research in Vietnam; Best for Interest Rate Product & Sales in Vietnam; and Best for Interest Rate Derivatives in Vietnam.

Mr. Do Ngoc Quynh, head of treasury department, BIDV said: “In recent years, despite the severe competition from both local and foreign rivals, BIDV has experienced strong development in its currency trading. The awards once again attest to BIDV’s leading position in providing fixed income products in Vietnam, and are testament to BIDV’s commitment to the quality of its treasury and currency trading services.”

On top of traditional products, namely foreign currency, interbank currency and bond trading, BIDV was the first local bank to establish specialised teams to launch derivatives, corporate bond issuance, book-running and market research in order to best serve the needs of its customers. The awards demonstrate the recognition from customers and the international community of BIDV’s consistent efforts over the years.

For more information, please contact:

Branding and Public Relations

Bank for Investment and Development of Vietnam JSC (BIDV)

Tel: +844. 22205256; Fax: +844. 22225316