VIB Wins Two International Digital Banking Awards

Vietnam International Bank (VIB) has won two international digital banking awards from The Asset, making it the first bank in Vietnam to receive the awards for three consecutive years.

The awards aim to honour finance institutions and technology companies that achieve outstanding results in developing and applying digital technology in the Asia Pacific region (including Japan and Australia).

The Asset is a widely recognised business news and research organisation, delivering authoritative, unbiased and independent coverage on Asia’s financial industry. Since its launch in 1999, The Asset has been providing essential news, analysis and insights addressed to a distinct community of corporate leaders and financial decision-makers.

“Vietnam is an ideal market for the advancement of digital financial services. In this regard, VIB has been quite vocal in its efforts to push for inclusive digital banking in the country. For example, through the MyVIB mobile banking application, customers are able to do their online shopping among a number of lifestyle-focused services aside from general banking,” a representative from The Asset said.

In addition, The Asset has also recognised VIB’s efforts in creating and providing digital banking products and services, especially its development of a website as a professional channel to reach customers at the end of 2018.

VIB launched the new website with design focusing on the user experience, scientific information structure, basic content and friendly user interface.

According to VIB, 16 per cent of new customers registered to open new online accounts in 2018, while the number of customers who registered to use internet banking services increased by 15 per cent compared to 2017.

During the period, the proportion of customers making internet banking transactions was 76 per cent, tripling the number of cash transactions made at counters. The number of customers downloading the MyVIB application rose by 36 per cent year-on-year.

Previously, VIB received “The most innovative mobile banking application 2018″ award from the Global Banking and Finance Review (UK).

https://vietnamnews.vn/economy/518532/vib-wins-two-international-digital-banking-awards.html#4Z2oYb0mBJIRTBZB.97

 

Category: Finance, Vietnam

Print This Post

RECENT NEWS

Reference Exchange Rate Down 5 VND On August 27

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on Aug... Read more

VietCapital Bank Submits To Issue 38m Shares

Intellasia East Asia News Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) (UPCoM: BVB) had just released ... Read more

Payment Via Mobile Banking Increases By Nearly 180pct In H1

Intellasia East Asia News Sharing at the workshop on “Promoting non-cash payments in businesses” held by Dien dan ... Read more

Banks Heat Up Digital Transformation Race

Intellasia East Asia News The 4.0 Industrial Revolution is making a comprehensive change to the way of providing produ... Read more

Outlining Deep Scrutiny Of HSBC Vietnam Bond Activity

Intellasia East Asia News Vietnam’s corporate bond market presents a good channel for capital mobilisation, even if ... Read more

VIB Prepares For The Unusual General Meeting Of Shareholders

Intellasia East Asia News The Board of directors of International Commercial Bank (VIB) has just announced a resolutio... Read more