BIDV Quang Binh Branch Enhancing Competitiveness

The Quang Binh Branch of the Vietnam Bank for Investment and Development (BIDV Quang Binh) is a prestigious address for customers in need of financial services in Quang Binh province. Under the visionary leadership of the management and the endless effort of all employees, the branch has built up the trust of customers and substantiated the BIDV brand name in the province.

 

BIDV Quang Binh is always innovative in developing and introducing modern banking services. The branch has been working closely and sharing difficulties and opportunities with local governments and investors, creating favourable conditions for personal and corporate borrowers to access credit sources and banking services in a timely manner to boost business operations and spur local economic development.

 

From 2006 to 2010, mature outstanding loans increased 144.31 percent from VND2,496 billion to VND3,602 billion; and deposits rose 215.63 percent from VND1,055 billion to VND2,275 billion. Net revenues from services provided climbed 279.6 percent, while the bad debt ratio sank from 2.1 percent to 0.22 percent. BIDV Quang Binh always successfully completes its annual business plans. Besides, the branch is also very interested in local social security activities.

 

With its significant contributions to local economic development in the past years, BIDV Quang Binh is applauded by the Provincial People’s Committee and the Vietnam Bank for Investment and Development (BIDV).

With better local social and economic development, many commercial banks have established a presence in the province. As a result, competition among banks is fierce. To survive and develop, BIDV Quang Binh always ensures perfection and innovation.

 

To enhance operating capacity and competitiveness, BIDV Quang Binh has adopted specific solutions, especially human resource development. The branch understands that human factors are the top priority of BIDV and the central factor for all development. So, BIDV always creates the best conditions for its employees to foster professional knowledge and skills. The branch constantly forges multifaceted cooperation with investors and businesses, particularly small and medium enterprises, under the philosophy of comprehensive cooperation - success sharing.