In the framework of the Asian Banker Summit in Hanoi – the biggest annual conference in the region, attracting more than 1,000 senior managers and businesses in finance and banking from all over the world - BIDV received the award for Mortgage and Home Loans Product of the Year 2016 from The Asian Banker.

​The award was based on an evaluation of the bank’s performance under the following criteria: market share, outstanding loans, number of customers, net income, credit quality and credit document requirements.

Mr. Le Trung Thanh, BIDV Senior Executive Vice President reaffirmed: “The prestigious awards presented by international organisations to BIDV are proof of the substantive changes the bank has made in retail banking. In the coming time, BIDV is committed to continuing to be an innovative and creative solid partner of customers, making great strides in financial and banking markets both at home and abroad.”

BIDV was the leading commercial bank in Vietnam in terms of deposits and retail credit, with annual growth rate in the period 2013-2015 reaching 30 percent and 55 percent respectively. 

Holding both advantages and experience in providing loans for capital construction and close partnership with prestigious property developers and businesses, BIDV designed a development strategy for providing home loans in a differentiated way, thereby attracting a variety of customers and tailoring its products to suit all property segments. The bank launched a series of competitive home loan packages under a model linking developers, BIDV and house purchasers.

Despite the market’s turbulence in recent years, through assuring the right directions and strategies are in place BIDV’s outstanding home loans have sustained good growth. The bank stated that home loans will continue to be a key BIDV-branded product within the reach of customers.

In March this year in Hong Kong, BIDV was awarded the Best Retail Bank in Vietnam 2016 by The Asian Banker for the second year in a row. These were the most highly anticipated awards in the annual retail banking sector, presented to outstanding retail banks in the region and countries in the Asia Pacific, Middle East and Africa.