Moody's publishes updated Press release of JSC Bank for Investment & Development of Vietnam (BIDV)

According to Moody’s report, BIDV's long-term local and foreign-currency deposit and long-term issuer ratings were affirmed as being on par with the sovereign rating of the Government of Vietnam and among the highest-rated banks in Vietnam. The bank's Baseline Credit Assessment (BCA) and Adjusted BCA has been upgraded to b1 from b2, driven by Moody’s expectations that BIDV will improve its core capital and its standalone credit profile as well.

Moody’s recognizes the bank’s large and stable deposit franchise as well as the very high probability of receiving government support in times of need. Funding and liquidity remain key strengths for BIDV, as the bank's large deposit base is supported by its status as one of the largest state – owned banks in Vietnam.

Details of BIDV’s credit rating according to Moody’s are as follows:

• Long term Bank Deposits – Local/Foreign currency: Ba2

• Local and Foreign currency Long term Issuer Rating: Ba2

• Outlook: Stable

BIDV is the first Vietnamese bank to receive an international credit rating and 2026 marks the 21^stconsecutive year that BIDV is reviewed by Moody’s. This confirms BIDV’s commitment to financial transparency as well as compliance with international standards.

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