Illustrative photo. (Photo: BIDV)
HCM City (VNA) – The Bank for Investment and Development of Vietnam (BIDV) has been the only bank to receive the Best Retail Bank title of the 2016 Vietnam Outstanding Banking Awards.

The honour was presented to the bank at a ceremony jointly held by the International Data Group (IDG) and the Vietnam Banks Association (VNBA) in Ho Chi Minh City on December 1.

Addressing the ceremony, a representative from BIDV, said the award acknowledges achievements the bank has recorded in the retail banking services over the past decade, stressing that the bank has conducted various reforms in this field.

Le Doan Hop, IDG President, said the award, first launched in 2012, aims to honour banks and banking service suppliers which have made outstanding contributions to the development of the banking sector and the financial sphere in general.

Winners of other titles such as the Best Online Bank, the Bank for Community, the Best Information Security Bank, and the Most Innovative Products and Services Award, among others, were also announced on this occasion.

Last year, BIDV, which has 1,813 ATMs, was named the Best Online Bank. -VNA