RELEASED DATE 03 Oct 2013
In 2012, BIDV, known as the first enterprise in Vietnam rated by an international credit rating agency, takes the seventh successive year credit ratings by Moody's Investors Service, confirming its commitments for financial transparency and compliance with international standards.
On October 03, 2012, Moody's announced BIDV’s ratings as follows:
Bank Financial Strength: E
Bank Deposits – Domestic currency: B2
Bank Deposits – Foreign currency: B3
Issuer Rating: B2
Moody’s highly assessed BIDV’s strengths such as being the third largest bank in Vietnam in term of total assets, a wide distribution network and one of the best banking settlement systems. Besides, BIDV’s corporate and risk management have been significantly enhanced.
For further information, please go to BIDV’s website at www.bidv.com.vn.