On November 16, 2024 in Da Lat City, Lam Dong Province, within the framework of the 2024 Annual Listed Enterprise Conference, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) was awarded the "Top 10 Best Annual Reports - Finance Sector". This is the second consecutive year BIDV has been honored.
BIDV's 2023 Annual Report with the main message " Creating a green future " is an affirmation of a leading financial institution in Vietnam in its efforts to join hands in creating a green economy through actively and proactively implementing policies, programs and making transformations for sustainable development, towards realizing the goal of becoming a Green Bank.
BIDV fully integrates information on long-term goals, strategies, business situation, corporate governance according to the ASEAN Corporate Governance Scorecard, environmental and social reports, etc. in the Annual Report; thereby affirming transparency and comprehensiveness in governance and management. Demonstrating a clear strategy with a focus on environmental protection and sustainable development has helped BIDV enhance the bank's position and reputation with the investor community and the public.
Mr. Doan Viet Nam, Deputy General Director of BIDV, represented to receive the award "Top 10 best annual reports - Financial sector"
As a leading financial institution in Vietnam, BIDV has always demonstrated its pioneering role and increasingly contributed to the National Strategy on Green Growth for the period up to 2030, with a vision to 2050, ready to accompany Vietnamese enterprises in creating a green economy. BIDV has built a consistent and sustainable development strategy, ensuring effective operations, actively contributing to the common goals of green growth in Vietnam. BIDV focuses on adjusting its governance structure and organizational model to promote ESG practices; developing a diverse ecosystem of products and services to serve the green growth of the economy, promoting the mobilization of green resources, gradually increasing the proportion of green credit outstanding...
Recently, in addition to issuing the Sustainable Loan Framework, Green Bond Framework, Sustainable Bond Framework... creating the premise for implementing green credit packages, preferential capital funding programs for green construction projects, BIDV continues to issue the Environmental and Social Risk Management Framework in trade finance activities, marking a pioneering step in accompanying import-export enterprises to promote global trade, strengthen value chains and sustainable growth... With many initiatives such as funding for green projects and constructions, issuing green bonds and preferential loans for enterprises with environmentally friendly activities, BIDV is contributing to realizing the commitment to reducing greenhouse gas emissions and promoting the green economy.
The above award is a recognition of BIDV's relentless efforts in information transparency, improving governance efficiency according to international practices and standards, and promoting sustainable development goals. With a solid foundation and clear strategy, BIDV continues to make its mark as one of the pioneering banks in Vietnam in the journey of transformation and sustainable development, meeting the requirements of comprehensive development, environmental protection, and the development of the community and society.
By the end of the third quarter of 2024, BIDV had total consolidated assets of over VND 2.58 million billion, continuing to maintain its position as the bank with the largest total assets in the market. Business performance in the first 9 months increased compared to the same period in 2023, with consolidated pre-tax profit reaching VND 22,047 billion, up 11.6% over the same period last year.
With positive results in operations, BIDV has been recognized by domestic and international organizations and awarded many awards such as: "National Brand", "Top 1000 largest listed enterprises in the world", "Top 10 largest banks in Southeast Asia", "Best Corporate Bank in Southeast Asia", "Best SME Bank in Southeast Asia", "Best Retail Bank in Vietnam", "TOP 50 Best Listed Companies in Vietnam in 2024", "TOP 5 Most Valuable Vietnamese Brands in 2024", "Best Digital Transformation Bank in Vietnam"...
Source: https://phunuvietnam.vn/bidv-nhan-giai-thuong-top-10-bao-cao-thuong-nien-tot-nhat-nhom-nganh-tai-chinh-20241118144832598.htm
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