As a domestic bank honored by The Asian Banker with the best Private Banking service for 03 consecutive years, BIDV identifies this strategic cooperation as an important step in the journey to establish international standards for Private Banking services in Vietnam. Accordingly, BIDV became the first commercial bank in Vietnam and is also one of the pioneers in Asia to sign a strategic cooperation agreement with WMI to grant BIDV & WMI co-branded certificates to BIDV students.
This event demonstrates BIDV's commitment to improving service quality according to international Private Banking standards. The training program jointly developed by WMI and BIDV is designed based on Singapore's Private Banker capacity framework, thereby helping BIDV staff achieve international professional certificates, ensuring that they meet strict standards globally. This is an important step in BIDV's Private Banking service development strategy, aiming to become the leading financial institution in Asia by 2030.
Ms. Nguyen Thi Quynh Giao - Deputy General Director, Head of BIDV Retail Banking - shared: "Cooperation with WMI is an important milestone in BIDV's Private Banking development strategy. We believe that owning a team of Private Bankers that meet international standards will not only help BIDV bring optimal asset management solutions, serving the specialized needs of high-end customers, but also contribute significantly to clearly defining the standards, capacity and expertise of the Private Banker profession in the Vietnamese market".
BIDV and WMI said that the courses will be held in 2025, with methodical and practical design content, helping the BIDV Private Banker team apply it to the work of caring for, consulting and managing assets, thereby contributing to giving customers in Vietnam the opportunity to experience asset management services according to world practices.
Ms. Foo Mee Har - General Director of WMI Singapore - said: We are honored to cooperate strategically with BIDV to improve the standards of the Private Banking industry in Vietnam. As a leading private banking training unit in Singapore and the region, trusted by leading financial institutions across Asia, WMI offers international-class training and certification programs, based on a strict professional capacity framework for Private Bankers. Through this cooperation, we hope to equip BIDV Private Bankers with skills in customer management, investment consulting, asset planning and inheritance, ESG consulting, as well as ethical principles, helping to shape criminal excellence in the international Private Banking industry. This cooperation not only strengthens BIDV's leading position in Vietnam but also contributes to building a new generation of Private Banker experts with the ability to provide reliable and high-quality asset management services to customers across Asia.
With the cooperation platform with WMI, BIDV continues to affirm the sustainable development of Private Banking, linking international standards with the specific needs of Vietnamese customers. This is also a premise for the bank to constantly innovate in designing elite, different financial experiences and accompanying customers on the journey to create and preserve long-term value.
About BIDV and high-end individual customer service
Established in 1957, BIDV is the oldest financial institution in Vietnam, with a leading position in terms of total assets. After 68 years of efforts and dedication, BIDV has received the trust, support, companionship and connection of over 500,000 corporate customers, more than 22 million individual customers and 2,300 institutional customers worldwide. For a decade as the No. 1 Retail Bank in Vietnam, BIDV has pioneered the trend of providing Private Banking services to high-end individual customers. Striving to set new standards in the high-end Private Banking industry, BIDV Private Banking is committed to accompanying customers with comprehensive investment and asset management solutions provided by the team of excellent asset management directors.
About Wealth Management Institue
Founded by GIC and Temasek in 2003, Wealth Management Institute (WMI) has a vision of becoming an excellent center for training and research on asset management in Asia. WMI provides a diverse certificate system and practical training program, and cooperates with leading universities to implement master's programs. With more than 17,000 annual registrations, WMI serves a diverse community of experts across Asia, including asset managers, Family Offices, as well as experts in the fields of taxation, legal, compliance and financial management through more than 150 training programs. WMI is recognized as a leading training unit in Singapore on Private Banking and asset management.
