The Asian Banker Saturday, 27 July 2024

Best Private Banking Service in Vietnam

5 min read

  • The winning bank is one of the first banks in Vietnam to offer comprehensive private banking services. It has cornered a 20% market share. The total asset under management of high-net-worth individuals (HNWI) reached $7.2 billion (VND 170 trillion) in 2022, or 16% year-on-year growth.
  • The bank has strengthened its service capabilities by introducing a comprehensive product portfolio covering a wide selection of value-added services for HNWI in health care and lifestyle services.
  • The bank built an effective talent pool in serving HNWI by launching a Private Banking Centre in Hanoi in 2021 and recruiting 97 trained private bankers and 267 relationship managers across the country. 
  • For its strengths in private banking and an effective talent pool, the Best Private Banking Service in Vietnam is from Bank for Investment and Development of Vietnam (BIDV).
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