BIDV and Bank of Kyoto officially signed a cooperation agreement on August 24, 2015 to serve Japanese customers operating in Vietnam. Kyoto is the twentieth Japanese bank to enter into a cooperation agreement with BIDV.

 

​Under the agreement, the Bank of Kyoto and BIDV will cooperate to provide banking products and services to the Bank of Kyoto’s Japanese businesses investing and conducting business in Vietnam. The two banks will cooperate to meet the needs of customers on various banking products and services, including accounts, deposits, loans, guarantees, domestic and international settlements, forex trading and derivatives.

In addition, the two banks will cooperate to provide information and consultancy to customers on the business and investment climate in Vietnam, legal landscapes for foreign investors in the banking and financial sector as well as business matching services.

The Bank of Kyoto is one of the largest regional banks in Japan, with total assets as of March 31, 2015 at 8,242.8 billion Japanese yen, equivalent to USD68.59 billion. The Bank of Kyoto received a long-term Issuer Rating ‘A’ by S&P. The Bank of Kyoto is headquartered in Kyoto prefecture, Japan.