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BIDV representative received the award for Best Foreign Exchange and Derivatives Service Provider in Vietnam in 2024

The award is a recognition and affirmation of BIDV's efforts and position in foreign exchange and derivatives trading activities.

In recent years, along with the trend of digitalizing the banking industry, BIDV has always been at the forefront of developing electronic banking services, allowing customers to make transactions quickly, conveniently, and save maximum costs and transaction time. Customers can buy and sell a variety of foreign currencies according to their payment needs through online applications such as BIDV Smart Banking for individual customers or BIDV iBank for corporate customers.

With simple and quick transaction procedures, competitive exchange rates and many attractive incentives, BIDV's online foreign exchange trading platforms are increasingly attracting customers, contributing to the bank's digital transformation.

In the context of the global financial market with many fluctuations, BIDV has shown its pioneering role in supporting customers to manage risks of fluctuations in exchange rates, interest rates, commodity prices and optimize profits from foreign exchange and derivative transactions. In particular, BIDV's products are considered competitive in the market due to not only the diversity in terms of terms, currencies, traded items, reference interest rates; but also the flexibility in payment time.

In addition, BIDV also provides customers with attractive product packages, combining foreign currency trading, derivatives with deposit, credit, trade finance, money transfer products... to maximize overall benefits for customers.

With advanced technology, competitive products and the motto "Customer-centric", BIDV pays special attention to improving service quality through training sales staff and implementing periodic and continuous customer care programs. With a team of professional staff, BIDV is always ready to meet all foreign currency trading requirements of customers.

In addition to the award presented by Asian Banking and Finance Magazine, BIDV has been honored by many other prestigious international organizations such as The Asian Banker, Global Banking and Finance... for the category of good foreign exchange and derivatives services. This is a worthy recognition for BIDV's innovative efforts to provide the best financial services and the most modern transaction technology to a wide range of customers.

Asian Banking and Finance (ABF) is a Singapore-based financial magazine. Every year, ABF organizes a series of awards to honor credit institutions with breakthrough or specialized retail and wholesale solutions and products for large/specialized customers.

The award “Best Foreign Exchange and Derivatives Bank in Vietnam” was given to BIDV under the ABF Wholesale Banking Awards 2024 series, evaluated by experts from the world's leading auditing/consulting firms such as PwC, Deloitte, Ernst & Young, KPMG. The ABF Senior Advisory Council reviewed and awarded BIDV based on the results of analysis and evaluation of business indicators and commitments on BIDV's foreign exchange and derivatives trading services.

Bean Linh