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Bidv Snapshot
BIDV is building on Vietnam's growing economy. Bank for Investment and Development of Vietnam (or BIDV) is one of the country's largest state-owned commercial banks, with more than 100 branches, transaction offices, and subsidiary locations. BIDV was founded in 1957 and converted to a full commercial bank in 1995. The majority of its portfolio is in commercial loans -- primarily construction, manufacturing, and agricultural loans. Most borrowers are state-owned enterprises; the rest of the bank's portfolio also includes loans for state-directed projects. In addition to traditional lending and leasing, BIDV invests in companies, disperses government funds, and performs wholesale banking for World Bank projects.
