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Aug 25, 2015 / 14:07

BIDV expands network of Japanese customers

The Bank for Investment and Development of Vietnam (BIDV) on August 24 signed a pact with Kyoto Bank on serving its Japanese business clients operating in Vietnam.

Accordingly, the two banks will coordinate finance and banking services catering to the target customer demand, including bank accounts open and management, credit offering as well as domestic and international payment. 
 
Traders at the Bank for Investment and Development of Viet Nam (BIDV).
Traders at the Bank for Investment and Development of Viet Nam (BIDV).
Their consultations on investment climate and policies towards foreign businesses in Vietnam will also reach the Japanese enterprises. 
As of March 31, 2015, Kyoto Bank recorded approximately 68.59 billion USD in total asset value. 
To date, there have been 20 Japanese banks sealing similar deal with BIDV.