BIDV representatives receive the the Best Retail Bank in Vietnam Award 2017 at a ceremony in Tokyo (Photo: thanhnien.vn)

Hanoi (VNA) – The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has been named the Best Retail Bank in Vietnam for the third consecutive year by The Asian Banker.

Earlier, BIDV won the same award in 2015 and 2016. This award honours banks which have made efforts and achievements in providing services for individual clients and created impressive retail business development strategies.

The bank also obtained the Best Mortgage Product in Vietnam Award for 2017.

The titles were presented at an international awards presentation ceremony in Tokyo, Japan, on March 17.

Since 2013, BIDV has remained the top joint stock commercial bank in Vietnam in terms of the capital mobilised from individual customers and the retail credit with respective average growth rates of 30 percent and 50 percent each year to 2016.

The bank has expanded its network nationwide with more than 1,000 transaction offices, many of which have met international standards. It has also signed bilateral agreements with a number of large banks in such countries and territories as Russia, the Czech Republic, Taiwan (China), the Republic of Korea, Malaysia, Cambodia, Japan, Laos, and Myanmar.-VNA