Based on the guidance and the support of Vietnamese and Cambodian governments, Bank for Investment
and Development of Vietnam (BIDV) and Phuong Nam company (both are
Vietnamese) has co-founded the Cambodian Investment and Development Co
Ltd (IDCC) for the execution of financial, banking and insurance
operations in Cambodia, and the first project is to acquire the
Prosperity Investment Bank Plc (a commercial bank established in
Cambodia by individual shareholders in 2007), then restructure and
rename it to Bank for Investment and Development of Cambodia Plc (BIDC) which is approved by the National Bank of Cambodia (NBC) in the Decision No B1.09.554 dated July 15, 2009. www.bidc.com.kh
