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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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BIDV has put into operation an electronic business-communication system with securities companies via the clearing platform of the Vietnam Securities Depository and Clearing Corporation (VSDC), effective from March 13.
The VSDC clearing system is designed to automate the exchange of operations between the supervising custodian bank and securities companies. BIDV said the solution is intended to improve processing speed, increase accuracy, and enhance transparency in balance confirmations, while also supporting notifications of customers’ trade results.
With the completion of the connection, BIDV said it became the first domestic custodian bank to implement the system. During the initial deployment phase, BIDV’s system processed more than 3,000 electronic exchanges.
A BIDV representative said the initial results reflect coordination among the bank, regulators, and securities companies, covering business analysis, solution development, and actual deployment. The representative added that the rollout ensured compliance with technical standards and aligned with the market’s overall development direction.
BIDV said it currently provides services to about 90% of fund management companies and more than 55% of investment funds in the market. The bank estimated total assets under custody (AUC) at over 868 trillion VND.
BIDV said it will continue investing in technology, maintain operational capacity, and strengthen its position in the domestic custody banking segment.
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