Vietnam Net Bridge, 11 August 2015. BIDV enters strategic partnership with Cathay United Bank and ANZ.

This article includes a report that ANZ has signed an MOU with BIDV Bank on comprehensive cooperation.

An edited extract of the original article is reproduced below.

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…BIDV (has) inked a memorandum of understanding (MoU) on comprehensive cooperation with ANZ Bank (Vietnam) [ANZ Vietnam is a Platinum Sponsor of AusCham].

The two banks pledged to prioritise using advantageous products and services of each other such as lending in the interbank market, foreign exchange, international payment and trade finance, bond issuance consultancy, and introduction of investment opportunities in Vietnam to investors coming from Australia and New Zealand.

Dennis Husey, CEO of ANZ Vietnam said, “The MoU with BIDV marks a corner stone in the two banks’ relations and once again affirms ANZ’s long-term commitment to the Vietnamese market.”

According to BIDV’s chairman Tran Bac Ha, the new cooperative deals will contribute to cultivating the ties between BIDV and the two banks CUB and ANZ, and help ameliorate the quality of finance and banking products and services to benefit the customers.

 

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