Governor of the State Bank of Vietnam Visits and Conducts Business at BIDC
On the afternoon of October 9, 2026, at the headquarters of the Bank for Investment and Development of Cambodia (BIDC) in Phnom Penh, Pham Duc An, Governor of the State Bank of Vietnam (SBV), visited and held working sessions with the leadership of BIDV and BIDC
The visit took place as part of Prime Minister Le Minh Hung’s official visit to the Kingdom of Cambodia. During the program, Prime Minister Le Minh Hung and Cambodian Prime Minister Hun Manet co-chaired the Vietnam-Cambodia Business Forum. Governor Pham Duc An accompanied the Prime Minister as part of the delegation.
Accompanying the Governor were Ms. Vu Minh Chau, Director of the International Cooperation Department, and officials from the State Bank of Vietnam. Representing BIDV was Mr. Le Ngoc Lam, Chairman of the Board of Directors; Mr. Dang Van Tuyen, Member of the Board of Directors; leaders of the Investment Management Department; and the Directors of the BIDV Hanoi and Hoan Kiem Branches. Representing BIDC were Mr. Lam Van Hai, General Director, along with the leadership team and key staff members at BIDC’s headquarters.
The Governor acknowledged and highly commended the operations of BIDV and BIDC
During the meeting, BIDV and BIDC leaders reported to the Governor on BIDC’s operational status and business results, as well as BIDV’s commercial presence in Cambodia over the past 17 years of operations in this market. As of the end of September 2026, BIDC’s total assets reached USD 1.03 billion, and its outstanding loan balance reached USD 755 million; funds mobilized reached USD 900 million (of which deposits from retail customers accounted for nearly USD 510 million), and pre-tax profit was recorded at approximately USD 2.8 million, ranking first in terms of scale, market share, and efficiency among Vietnamese commercial banks operating in Cambodia.
Governor Pham Duc An acknowledged and highly commended the results achieved by BIDV/BIDC in Cambodia. At the same time, the Governor directed the Bank to continue strengthening its role and standing in Cambodia, effectively manage asset quality, and continue to contribute even more positively to the friendly and cooperative relationship between the two nations.
On behalf of BIDV and BIDC, BIDV Board of Directors Chairman Le Ngoc Lam sincerely thanked the Governor for taking the time to visit and encourage BIDC’s staff and employees, and pledged to fully implement the Governor’s guidance. The Chairman affirmed that BIDV will continue to partner with and support BIDC in achieving safe and sustainable development, enhancing governance capabilities, and strictly controlling asset quality; accelerate digital transformation and diversify products and services; thereby continuing to affirm its position as the leading Vietnamese bank in Cambodia, serving as a trusted bridge supporting businesses and investors from both countries, and making a tangible contribution to the friendly and comprehensive cooperative relationship between Vietnam and Cambodia.
The Governor’s visit was a significant gesture of support and encouragement for the BIDV team as a whole and BIDC in particular, providing the motivation for BIDC to continue successfully achieving its business goals for 2026 and beyond.
