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ABF honored PVcomBank as "Best Digital Transformation Bank" for the third consecutive year 

 Sunday, July 21,2024

AsemconnectVietnam - For the third consecutive year, The Asian Banking and Finance (ABF) Magazine honored Vietnam Public Joint Stock Commercial Bank (PVcomBank) as "Best Digital Transformation Bank" (Digital Transformation of the Year - Vietnam).

In addition, PVcomBank also received the award "Bank with effective digital products for small and medium enterprises" (SME Digital Innovation of the Year - Vietnam) thanks to its superior financial solutions for institutional customers. . The award ceremony takes place on July 4, 2024 in Singapore.
Both awards PVcomBank recently received are related to the field of digital transformation. This is completely worthy recognition for the Bank's efforts in its comprehensive digital journey, constantly integrating and applying modern technology platforms in all areas of operations. This allows PVcomBank to operate in a flexible model, ready to respond to the continuous movement of the market, enhancing the value of customer experience, aiming at a new positioning of becoming a bank with comprehensive finance solutions.
2023 and the first half of 2024 continue to witness PVcomBank's outstanding progress in the journey of digitalization and diversification of product and service ecosystems. Accordingly, the Bank is one of the pioneering financial institutions deploying AWS cloud computing applications in Vietnam, aiming to meet the goals of cost optimization, modernizing the business model, bringing provide opportunities for creative transformation, quick adaptation, and improved customer service capabilities. This is also an important premise for PVcomBank to launch a new version of digital banking application - PVConnect, replacing the old application PV Mobile Banking with outstanding improvements in technology, creating a modern and different experience for users. This application has been put into use for all PVcomBank customers since July 1, 2024.
Not only that, PVcomBank is also proud to be one of the first banks to successfully connect with the National Population Database of the Ministry of Public Security, applying chip-embedded citizen identification for identification and identification activities. Electronic implementation in opening payment accounts using eKYC method for individual customers. In addition, the implementation of biometric technology application in payment also recognizes an important step forward for PVcomBank, contributing to promoting the completion of goals in the national digital transformation program and the banking industry.
In the era of the 4.0 revolution exploding with the development of technology, PVcomBank also thoroughly exploits and applies modern platforms to create optimal utilities for customers using financial products and services. Specifically, besides the retail segment, the Bank also focuses resources to invest in developing more financial solutions for institutional customers: Opening online business accounts using eKYC method; Application to deploy digital financial services integrating ERP business management system; Upgrade PVcomBank Business system with convenient transaction approval and OTP code issuance application; Continuously expanding financial services on partner channels (cooperating with VNPT to provide digital financial service products to customers on the oneSME platform)... For businesses, this not only brings positive changes in business but also contributes to promoting the digital transformation process, especially in the SME customer segment. This was highly appreciated by ABF and PVcomBank was honored with the award "Bank with effective digital products for small and medium enterprises".
Sharing about receiving 2 awards from ABF, PVcomBank representative said: “Digital transformation plays an important role in the banking and finance industry, creating new opportunities while bringing outstanding values to customers. As a financial institution aiming for comprehensive digital transformation, PVcomBank will continue to invest heavily to perfect technology platforms, constantly improve service quality and develop digital financial products. This is the basis for the Bank to improve its service capabilities and meet all customer needs in the modern technology era."
In previous years, ABF also honored PVcomBank in many other award categories such as: "Bank with effective creative marketing & branding activities" (2023), "Breakthrough creative credit card" (2023). 2020), "The bank has a typical new personal credit product" (2019) and "The bank has an effective corporate cash flow management solution" (2019). These impressive achievements not only confirm position and development of PVcomBank, but also promise to bring more value and improve customer experience in the future.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
 

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