RELEASED DATE 28 Oct 2022
Forbes Vietnam uses Forbes America's method to quantify the value of a brand through financial metrics and its ability to generate profits. As a general rule, profits of businesses are partly generated from tangible and intangible assets, including brand value. Accordingly, Joint Stock Commercial Bank for Investment and Development of Vietnam - BIDV's brand value has reached USD320 million.
On 27 October 022 in Ho Chi Minh City, Forbes Vietnam announced the list of 25 leading financial brands in 2021
Established in 1957, BIDV is the bank with the longest history of operation in Vietnam, with total assets leading the banking system with a scale of VND1.98 million billion (June 2022). BIDV has an extensive network of more than 1,100 domestic and foreign branches and transaction offices, establishing partnerships with 2,300 financial institutions worldwide.
For many consecutive years, BIDV has been ranked in the Top 2,000 largest enterprises in the world and the Top 50 best listed companies in Vietnam (by Forbes), Top 250 most valuable banking brands in the world (rated by Brand Finance), Top 10 Strong Banking Brands 2022 (by VnEconomy); Top 10 most prestigious Vietnamese commercial banks in 2022 (by VnReport)…