Profile

Based on the guidance & the support of Vietnamese & Cambodian governments, Bank for Investment & Development of Vietnam (BIDV) & Phuong Nam company (both are Vietnamese) has co-founded the Cambodian Investment & Development Co Ltd (IDCC) for the execution of financial, banking and insurance operations… in Cambodia.

And the first project is to repurchase the Prosperity Investment Bank (PIB), then restructure and rename it to Bank for Investment and Development of Cambodia, which is approved by the Governor of National Bank of Cambodia (NBC) in the Decision No B1.09.554 dated July 15, 2009.

Bank for Investment and Development of Cambodia (BIDC) has officially executed its operations from September 01, 2009 after the agreement No B7.09.148 dated August 14, 2009 of Nation Bank of Cambodia (NBC) about rename, charter capital increase and key staff approve for the Bank. 

• Assisting for the execution of the economic development programmes of the Kingdom of Cambodia, connecting between Vietnamese and Cambodian financial markets.

• Providing high quality banking products and services including credit, deposit, international settlement, trade finance, card and other products and services for securities market such as Settlement Bank, @Securities, …
  

• Connecting for the commercial and investment operations of enterprises in two countries, contributing piratically to the development of economic cooperation, commercial and investment exchange between two countries.

• Satisfying financial services and monetary settlement demands of enterprise community and inhabitants of Vietnam and Cambodia; financial supporting, especially middle and long term source of capital for the investment demands of state owned groups and corporations, Vietnamese enterprises in Cambodia and Cambodian enterprises.

• Acting as connection line between Cambodian investors and Vietnamese enterprises. Providing multiple services for legal entities of all type of ownership, including foreign entities and individual entities.

Individuals Services

• Products for mobilization: Non-term saving deposits, Saving deposits in term
• Remittance: International Remittance, Domestic Remittance, Inpay Service
• Credit: Loads to individuals & household, Montages certificates of deposit
• Other Services: ATM Cards, BIDC - Directbanking, SMS Banking

• Account - Payment: Account service, Automatic payment service, Domestic Remittance, Business Credit
• Trade Finance: Export payment services. Guarentee
• Other Services: BIDC - Directbanking, Services of of blank check supply, check payment, SMS Banking