digital data and human excellence are key in techcombanks transformation journey

Digital, data, and human excellence are key in Techcombank’s transformation journey

Hanoi-headquartered Techcombank recorded another year of stellar financial performance and growth in 2021 while continuing to support its customers, employees, and communities in Vietnam who were impacted by the pandemic. As the recovery of the economy gathers pace, Techcombank’s investments in its digital platform, data analytics, and the talent of its people have laid a strong foundation to capitalise on the growing demand for banking services, according to Jens Lottner, CEO of Techcombank.
unique consumer loans targeting ride hailing drivers

Unique consumer loans targeting ride-hailing drivers

Homegrown ride-hailing firm Be Group, in collaboration with digital bank Cake by VPBank, has deeped their financial sector push by introducing consumer loans to driver-partners, the first of its kind in the Vietnamese market.
vingroup and techcombank propose developing gia nghia chon thanh expressway

Vingroup and Techcombank propose developing Gia Nghia-Chon Thanh Expressway

Vingroup and Techcombank have expressed their interest in developing Gia Nghia-Chon Thanh Expressway. As part of the North-South Expressway, this section will connect Dak Nong and Binh Phuoc provinces.
techcombank adopts salesforce to drive customer engagement

Techcombank adopts Salesforce to drive customer engagement

Techcombank deploys Salesforce to help achieve single view of customers
decoding the change of position in the consumer finance market

Decoding the change of position in the consumer finance market

Mcredit's spectacular growth in 2021, as difficulties for the banking industry reached their peak due to the pandemic, surprised the market.
positive scenarios for working capital development

Positive scenarios for working capital development

Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
hdbank welcomes new chairman

HDBank welcomes new chairman

HDBank has announced a resolution by its Board of Directors to elect Kim Byoungho – an independent member – as chairman with effect from April 29. The plan is to help take the bank into a new stage of development and stronger integration.
moodys upgrades seabanks baseline credit assessment

Moody’s upgrades SeABank’s baseline credit assessment

Moody’s has upgraded the Baseline Credit Assessment for SeABank from B2 to B1, while also maintaining SeABank’s long-term deposit and issuer ratings at B1 for the fourth consecutive year, with a positive outlook.
india seizes 725m from chinas xiaomi over illegal remittances

India seizes $725m from China's Xiaomi over 'illegal' remittances

India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.
hcm city asks to tighten credit in high end property

HCM City asks to tighten credit in high-end property

The HCM City branch of the State Bank of Viet Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.
vietnam seeks ways to boost logistics industry

Vietnam seeks ways to boost logistics industry

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.
mb groups journey to become the leading digital centric financial behemoth

MB Group's journey to become the leading digital-centric financial behemoth

Combined with its deep understanding of customer demands and facilitated by sophisticated analytics, Military Commercial Joint Stock Bank Group (MB) has successfully anticipated emerging customer requests and built distinctive products in response. For its upcoming phase of development, MB convened its annual general shareholders' meeting (AGM) earlier this week in Hanoi, with a number of significant resolutions presented and passed.
lienvietpostbank to sign an exclusive bancassurance agreement in mid june

LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.
market maintains momentum thanks to banking stocks

Market maintains momentum thanks to banking stocks

Hanoi - The market continued its upward march on Wednesday as optimistic sentiment lifted large-cap stocks.
vietnam creates favourable conditions for hana banks long term investment deputy pm

Vietnam creates favourable conditions for Hana Bank’s long-term investment: Deputy PM

The Vietnamese Government is always willing to create favourable conditions for Korean businesses, including Hana Financial Group and Hana Bank, to invest and do long-term business in Vietnam in the spirit of harmonious benefit and risk sharing, Deputy Prime Minister Le Minh Khai has said.