Global Finance magazine recently presented the “Best FX Provider in Vietnam 2017” to BIDV at an award ceremony held in Toronto, Canada, which saw the attendance of financial institutions from 100 countries around the world.

Criteria for choosing the FX Providers winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing, innovative technology and bank brand. Global Finance also considered input from industry analysts, corporate executives and technology specialists.

BIDV is recognised as having the largest forex trading volume in Vietnam, having seen steady growth over the years. The bank has applied advanced IT solutions to meet foreign currency transactions with high volume. Working proactively and innovatively, BIDV has been among the top banks pioneering in selling foreign currency online to individual customers via its Internet Banking app and allowing customers to buy foreign currency online. BIDV is highly regarded by customers as a reputable forex service provider with simple procedures, competitive rates and a professional staff force who offer professional advice on risk prevention options suitable for customers.

Global Finance’s award “Best FX Provider in Vietnam” extends BIDV’s awards and accolades in recent years. BIDV has been outperforming, winning awards such as “Best Domestic Provider of FX Services in Vietnam as voted by financial institutions” for four consecutive years (2013-2016), and “Best for FX Research & Market Coverage in Vietnam as voted by Corporates” by Asiamoney magazine. These awards once again help position the bank’s rising brand in domestic BIDV named Best FX Provider in Vietnam and international markets in providing the best products and services to customers.

Global Finance’s awards also honoured big names in banking such as UBS (The world’s best FX provider), Citi Bank (The best FX provider in Latin America), and HSBC (The best FX provider in Hong Kong). Headquartered in New York, Global Finance is the world’s leading financial magazine, publishing over 50,000 issues across 192 countries.