Public Bank Vietnam implements Oracle FLEXCUBE Core Banking Solution

December 03, 2024 | 10:27

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Public Bank Vietnam and Oracle Corporation announced the implementation of Oracle’s FLEXCUBE Core Banking solution in a signing ceremony held at Pan Pacific Hanoi on December 2.

Amid the banking industry’s vigorous digital transformation, this partnership marks a significant milestone in Public Bank Vietnam’s digital journey, introducing substantial improvements and breakthroughs in operations and service quality.

Oracle will provide a comprehensive solution encompassing Infrastructure – Platform – Applications for Public Bank Vietnam, with FLEXCUBE as the core banking solution, designed to help Public Bank Vietnam optimise operational processes and improve system performance while ensuring flexibility in developing and expanding financial products and services.

Public Bank Vietnam implements Oracle FLEXCUBE Core Banking Solution

The implementation of FLEXCUBE system will accelerate Public Bank Vietnam’s launch of quality products, offer more tailored services and promotions, and provide a seamless and elevated customer experience – from service registration to account management and payment transactions.

Speaking at the ceremony, Chee Keng Eng, general director of Public Bank Vietnam said, "The implementation of Oracle's core banking solution is a significant step in the bank's modernisation strategy. We believe this partnership will help us optimise our operational processes, improve our products and customer services in Vietnam and contribute to the sustainable growth of Public Bank Vietnam in contributing to the country's banking sector."

The ceremony was attended by HS Teji, vice president for Banking in the Japan & Asia Pacific region at Oracle, and other key members.

This synchronised deployment enables Public Bank Vietnam to deliver a comprehensive and rapid customer service experience.

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By Thanh Van

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