Joint Stock Commercial Bank for Investment and Development of Vietnam 2020 AR2
The report highlights BIDV's performance in 2020, during which it maintained its position as the largest commercial bank by total assets in Vietnam. Despite the challenges of the Covid-19 pandemic, the bank completed its business plans while proactively reducing its income by over VND 6,400 billion to support affected customers and communities. BIDV advanced its digital transformation strategy, launching several new digital services and increasing digital transactions to 53% of total transactions. Additionally, the bank continued its commitment to sustainable development by implementing green credit programs, supporting women-owned SMEs, and funding social security programs worth nearly VND 255 billion.
Company: Joint Stock Commercial Bank for Investment and Development of Vietnam
Sector: Finance & insurance
Country: Vietnam
Year: 2020
Type: AR2
Pages: 83
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Joint Stock Commercial Bank for Investment and Development of Vietnam
Annual Report
The report highlights BIDV's performance in 2020, during which it maintained its position as the largest commercial bank by total assets in Vietnam. Despite the challenges of the Covid-19 pandemic, the bank completed its business plans while proactively reducing its income by over VND 6,400 billion to support affected customers and communities. BIDV advanced its digital transformation strategy, launching several new digital services and increasing digital transactions to 53% of total transactions. Additionally, the bank continued its commitment to sustainable development by implementing green credit programs, supporting women-owned SMEs, and funding social security programs worth nearly VND 255 billion.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees