BIDV representatives receive  “Vietnam Domestic Foreign Exchange Bank of the Year” and “Vietnam Domestic Derivatives Initiative of the Year” awards.

The awards, presented by Asian Banking and Finance (ABF) magazine, recognize and affirm BIDV’s efforts and position in the foreign exchange and derivatives services.

In recent years, along with the digitalization trend in the banking industry, BIDV has always been at the forefront in developing electronic banking services that allow customers to conduct transactions quickly, conveniently, and cost-effectively. Customers can buy and sell various foreign currencies according to their payment needs through online applications such as BIDV Smart Banking for individual customers and BIDV iBank for corporate customers. With simple, quick transaction procedures, competitive rates, and attractive incentives, BIDV's online foreign exchange trading platforms are increasingly attracting customers, contributing to the bank's digital transformation.

In the context of volatile global financial markets, BIDV has demonstrated a pioneering role in helping customers manage exchange rate, interest rate, and commodity price risks, optimizing profits from foreign exchange and derivatives transactions. Particularly, BIDV’s products are considered competitive in the market due to their variety in terms of maturity, currencies, traded commodities, and reference interest rates, as well as their flexibility in payment terms. Additionally, BIDV offers attractive product packages that combine foreign exchange and derivatives transactions with deposit, credit, trade finance, and remittance products to maximize overall benefits for customers.

With advanced technology, competitive products, and the “Customer-centric” strategy, BIDV particularly focuses on enhancing service quality through training its sales team, implementing regular and continuous customer care programs. With professional staffs, BIDV meets all foreign exchange transaction needs of customers.

In addition to the award from Asian Banking and Finance magazine, BIDV has been honored by other prestigious international organizations such as The Asian Banker, Global Banking and Finance… for the category of Best Foreign Exchange and Derivatives Bank in Vietnam. This recognition is well-deserved for BIDV's efforts to innovate and provide the best financial services and the most modern trading technologies to a wide range of customers.