Recently at the Asian Banking & Finance Awards 2018, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) was named Vietnam Domestic Foreign Exchange Bank of the Year.

BIDV and other outstanding banks and companies including DBS, Standard Chartered Bank, Citi Bank, HSBC, amongst others were recognised at the 2018 award ceremony held at the Shangri-La Singapore.

In recent years BIDV has been pioneering in developing diverse FX products, providing all-in-one solutions to hedging risks in foreign exchange rates, interest rates, commodity prices for customers both local and international.

In addition to basic products such as spots, forwards, swaps, BIDV also provides combined products to meet the diverse needs of customers, aiming to improve the capital efficiency.

Along with other prestigious awards such as Best Domestic Provider of FX Services from Asiamoney for four consecutive years 2013 – 2016 and Best Foreign Exchange Provider, Vietnam from Global Finance in 2017, the above-mentioned important award from the Asian Banking & Finance is the recognition of BIDV’s position and brand in the domestic and international forex markets.