Formerly known as PIB - Prosperity Investment Bank (established in August 2007), the Bank was restructured and renamed as Bank for Investment and Development of Cambodia Plc. (BIDC), then officially came into operation under the Operation License No. B7.09.148 issued by the National Bank of Cambodia on August 14th, 2009. BIDC’s a subsidiary of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), which is the largest commercial bank in Vietnam with nearly 66 years of business operations there. Since the early years of deploying its operations in Cambodia, BIDV has significantly supported BIDC in terms of banking technology transfer, products and services, staff training, and operating capital. After over 13 years of operation, BIDC has become a big commercial bank in Cambodia in terms of size and market share. As at 31/12/2022, BIDC’s total assets, outstanding loans, and deposits from customers are USD 878 million, USD 646 million, and USD 377 million, respectively. Our network consists of 07 branches in Cambodia and 02 branches in Vietnam, around 430 employees in total. Initially, BIDC focused on the arrangement of capital for many key projects of the Cambodian economy development as well as the Vietnamese major projects invested in Cambodia, promoting investments in Cambodia and trade finance between Cambodia and Vietnam. In the upcoming time, with the strong development of economy and improving living standards in Cambodia, BIDC is restructuring its business activities, implementing strategies for promoting retail banking in Cambodia, focusing on individuals, households, and SMEs customers in Cambodia. With its current potential, together with additional support from BIDV's shareholders with more than 900 network points and commercial presence in 5 countries (Cambodia, Laos, Myanmar, Russia and Taiwan), BIDC is ready to meet the diverse needs of customers in Cambodia, partially contributing to the sustainable and prosperous development of the Cambodian economy.
Become one of the top 10 commercial banks in Cambodia in terms of operation scale, and Top 5 commercial banks with the most modern digital technology in retail banking; to develop a managerial system of international standards with professional employees and an extensive and solid base of customers and network.
Being an efficient commercial bank in operation, trusted by customers; focusing on the development and prosperity of customers, partners, employees, and community; fostering the development of domestic economy and the Cambodia-Vietnam economic relation.
BIDC’s Board of Director is composed of 08 highly qualified business professionals as below:
February 23, 2016
• Year of Birth: 1965
• Education Level: Master of Business Administration
• Experience: Mr. Le Kim Hoa has over 35 years of working experience in Banking and Finance sectors. He has worked for BIDV as Director of Branch, Director of Credit Department, and Senior Executive Vice President of BIDV and become the Chairman of the Board of Directors since February 23rd, 2016.
• Currently, he is a member of the BOD of BIDV
August 1, 2009
• Year of Birth: 1972
• Education Level: Bachelor of Business Administration
• Experience: Mr. Pham Van Duong has become a member of the BOD of BIDC since August 2009.
July 7, 2010
• Year of Birth: 1964.
• Education Level: Bachelor of Economics
• Experience: Mr. Hoang Van Vinh has become a member of the BOD of BIDC since 2010.
September 18, 2015
• Year of Birth: 1977
• Education Level: Master of Banking and Finance.
• Experience: Mr. Nguyen Quoc Hung over 24 years of experience in Banking and Finance sectors. He has become a member of the BOD and the CEO of BIDC in period of 2015-2020.
• Currently, he is the Director of BIDV’s Project Financing Department.
December 23, 2022
• Year of Birth: 1983
• Education Level: Master of Business Administration
• Experience: Mr. Lam Van Hai has more than 17 years of experience in Banking and Finance sectors. He has become a member of the BOD of BIDC since August 2022.
• He is also the Chief Executive Officer of BIDC since August 2020.
December 23, 2022
• Year of Birth: 1959
• Education Level: Master of Economic
• Experience: Mr. Nguyen Van Loc has more than 34 years of experience in Banking and Finance sectors. He has become an independence member of the BOD of BIDC since December 2022.
December 23, 2022
• Year of Birth: 1963
• Education Level: Bachelor of Banking and Finance
• Experience: Mrs. Mai Thi Ngoc Ha has more than 30 years of experience in Banking and Finance sectors. She has become an independence member of the BOD of BIDC since December 2022.
Launched the eKYC service, QR code payment service, and upgrade the 24/7 fast payment system from Cambodia to Vietnam
Established Digital Banking Department at BIDC HO and Launched the 24/7 fast payment system from Cambodia to Vietnam with more than 43 banks in Vietnam participating in the network at NAPAS, transactions are automatically processed in real time.
Launched the new Headquarter in Phnom Penh and Upgrade the Corebanking T24 to Version R18
Launched the fast payment service on Mobile banking between Cambodia and Vietnam
Launched the internet banking system for corporate customers; successfully implemented a system of accepting the Master Cards on ATMs an POS
In September 2016 the chartered capital of BIDC has been raised from USD 70 million to USD 100 million
Awarded “The Most Outstanding Performing Foreign Banking 2015 (IDG)”
Implementation of VISA card services and awarded “The Most Outstanding Promising Growth Bank 2013 (IDG)”
Became one of three Cash Settlement Agent for Cambodia Securities Exchange “CSX” and established Hanoi Branch
Renamed and restricted as BIDC and established Ho Chi Minh Branch
Formerly established as Prosperity Investment Bank “PIB”
• In 2009, Prosperity Investment Bank (“PIB”) was acquired by Cambodia Investment and Development Co., Ltd. (“IDCC”), a financial investment vehicle in Cambodia owned by BIDV (80%) and Phuong Nam Company (“PNC”) (20%) and was renamed as BIDC to be authorized to do the operation across Cambodia and Vietnam banking markets. In 2018, BIDV increased its ownership to 98.5% by acquiring IDCC’s shares in BIDC.
• BIDC is BIDV’s important subsidiary in Cambodia. The bank’s core mission in early operation is to support Vietnam’s major projects invested in Cambodia as well as trade financial relationship between Cambodia and Vietnam for the development of Cambodia’s economy.
• To modernize infrastructure and to improve its services and products, BIDC (with strong support from BIDV) has developed an information technology system and staff training programs to strengthen the risk management as well as marketing strategy.
• In the recent years, BIDC has shifted its business activities to promote retail banking, with a focus on individual customers, households, and SMEs. Thanks to BIDV’s extensive network and operating capital, BIDC has progressively enlarged the customer base and met diverse needs of customers in Cambodia.
There are 05 members in the Board of Management, with their detail as followed:
August 1, 2020
• Year of Birth: 1983
• Education Level: Master of Business Administration
• Experience: Mr. Lam Van Hai has more than 17 years of experience in Banking and Finance sectors. He has become the Chief Executive Officer since August 01, 2020.
October 1, 2015
• Year of Birth: 1976
• Education Level: Bachelor of Banking and Finance
• Experience: Mr. Tran Lam Giang has more than 23 years of experience in Banking and Finance sectors. He has become the Senior Executive Vice President of BIDC since October 2015.
November 1, 2018
• Year of Birth: 1980
• Education Level: Bachelor of Economics
• Experience: Mr. Chhuon Leng has more than 16 years of experience in Banking and Finance sectors. He has become the Senior Executive Vice President of BIDC since November 2018.
August 1, 2020
• Year of Birth: 1980
• Education Level: Master of Banking and Finance
• Experience: Mr. Nguyen Xuan Dung has more than 20 years of experience in Banking and Finance sectors. He has become the Senior Executive Vice President of BIDC since August 2020.
January 1, 2023
• Year of Birth: 1975
• Education Level: Master of Business Administration
• Experience: Mr. Ngo Ba Linh has more than 17 years of experience in Banking and Finance sectors. He has become Senior Executive Vice President of BIDC since January 2023.
January 1, 2023
• Year of Birth: 1988
• Education Level: Master of Law
• Experience: Mr. Mao Sokhen has more than 10 years of experience in Banking and Finance sectors. He has become Senior Executive Vice President of BIDC since January 2023.
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