Global rating agency Moody’s has performed its annual review and affirmed credit ratings for the Bank for Investment and Development of Vietnam JSC (BIDV) in October 2016.

​BIDV’s credit ratings remain unchanged with a ‘stable’ outlook. Details are as follows:

- Long term Bank Deposits – Local/Foreign currency: B1/B2

-  Local and Foreign currency Long term Issuer Rating: B1

In Moody’s opinion, BIDV’s ratings reflect its business franchise as the largest bank in Vietnam by total assets. BIDV’s funding and liquidity profile benefits from its large deposit market share as well as depositary relationships with corporate customers. Moody’s also expects a very high level of support for BIDV in times of need from the Government of Vietnam.

2016 marks the 11th consecutive year that BIDV is reviewed by Moody’s (besides Standard & Poor’s of the 7th consecutive year). This confirms BIDV’s commitment to financial transparency as well as compliance with international standards.

For more information, please contact:

Bank for Investment and Development of Vietnam JSC (BIDV)

Tel: 04.22205256; Hotline: 19009247

Website: www.bidv.com.vn