bav mb digital hub top notch digital banking experience for banking academy students

BAV - MB Digital Hub: Top-notch digital banking experience for Banking Academy students

Military Commercial Joint Stock Bank (MB) inaugurated and handed over the “Digital Hub” project at the Banking Academy of Vietnam (BAV) in November, a crucial part of MB Digital Hub's synchoronous ecosystem to offer tremendously favourable conditions for students experiencing first-class digital banking services.
home credit vietnam and standard chartered vietnam launch entrustment lending programme

Home Credit Vietnam and Standard Chartered Vietnam launch entrustment lending programme

Home Credit and Standard Chartered Bank today entered into a partnership agreement to launch an entrustment lending programme in Vietnam, a ground-breaking initiative that promises to enhance affordable access to finance for millions of Vietnamese consumers, driving greater financial inclusion in the country.
scb scoops up three international awards

SCB scoops up three international awards

Ho Chi Minh City-based commercial lender Saigon Joint Stock Commercial Bank (SCB) received three awards from prestigious international financial magazines, namely Best Banking Technology Vietnam 2021 from The European Magazine, Best CSR Bank Vietnam 2021 from International Business Magazine, and Best Commercial Bank Vietnam 2021 from World Finance Magazine.
hard limit for credit institutions buying corporate bonds

Hard limit for credit institutions buying corporate bonds

Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the State Bank of Vietnam.
digital banks increasingly adopt new technologies to keep pace with consumer expectations

Digital banks increasingly adopt new technologies to keep pace with consumer expectations

Digital banks are embracing more modern technologies to serve the changing customer behaviours during the Fourth Industrial Revolution.
low interest rates predicted to remain for last two months of 2021

Low interest rates predicted to remain for last two months of 2021

Low interest rates are predicted to remain in November and December this year.
which banks are allowed to increase their credit growth

Which banks are allowed to increase their credit growth?

11 of 13 Vietnamese commercial banks have been given permission to increase their credit lines by the State Bank of Vietnam.
edtech startup mindx lands 3 million in new funding

Edtech startup MindX lands $3 million in new funding

MindX, an edtech startup based in Vietnam, has raised a $3 million Series A round led by Southeast Asian venture capital firm Wavemaker Partners, Vietnamese investment bank Thien Viet Securities, and a US-based investor. Gender lens investor Beacon Fund also participated with debt funding.
one mount signs deal with new relic to assist in evolution of technology ecosystem

One Mount signs deal with New Relic to assist in evolution of technology ecosystem

One Mount Group, a member of Vingroup and strategic partner of Techcombank, has inked a 2-year deal with observability leader New Relic to accelerate its mission of building Vietnam’s most trusted technological ecosystem.
sbv promotes two new deputy governors

SBV promotes two new deputy governors

Prime Minister Pham Minh Chinh signed two directives appointing two deputy governors for the State Bank of Vietnam (SBV) last week.
strategic cooperation floods in for banks greener visions

Strategic cooperation floods in for banks’ greener visions

International financial institutions are initiating partnerships with Vietnamese banks and other businesses through financing agreements, contributing to the energy transition.
scb standardises technology base accelerates digital transformation

SCB standardises technology base, accelerates digital transformation

The banking and financial landscape has been improving dramatically since the Fourth Industrial Revolution, especially since banks have been striving to close gaps in the digitisation of internal processes and customer offerings to remain competitive amid the COVID-19 pandemic.
banks raise provisions in anticipation of bad debt

Banks raise provisions in anticipation of bad debt

In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
mb innovation lab a nudge for digital innovation of vietnamese bank ecosystem

MB Innovation Lab: a nudge for digital innovation of Vietnamese bank ecosystem

Digital transformation has been embedded into the DNA of banks across the globe as a prerequisite for long-term, sustainable growth. Adding to its broad set of cutting-edge banking services, digitally-led Military Commercial Joint Stock Bank (MB) has just embarked on a new journey with its new Digital Innovation Lab.
standard chartered vietnam commits mous worth 85 billion for green projects

Standard Chartered Vietnam commits MoUs worth $8.5 billion for green projects

Standard Chartered Bank Vietnam has recently committed MoUs worth up to $8.5 billion in sustainable financing for three Vietnamese businesses namely T&T Group, Geleximco Group and Van Lang Investment and Education Management Corporation, to support their sustainability goals.