In addition to the above, PVcomBank was also awarded the “Bank with Effective Digital Products for Small and Medium Enterprises” (SME Digital Innovation of the Year – Vietnam) for its outstanding financial solutions for corporate customers. The award ceremony took place on July 4, 2024, in Singapore.
PVcomBank representative receiving two international awards from ABF, a leading reputable magazine in Asia
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Both awards received by PVcomBank are related to the field of digital transformation. This is a well-deserved recognition of the bank’s efforts in its comprehensive digitalization journey, continuously integrating and applying modern technology platforms into all areas of operation. This has allowed PVcomBank to operate with a flexible model, ready to respond to the continuous movement of the market, enhancing the customer experience, and aiming towards a new positioning as a bank with comprehensive financial solutions.
2023 and the first half of 2024 continued to witness remarkable strides by PVcomBank in digitalization and ecosystem diversification. Accordingly, the bank is one of the first financial institutions to deploy AWS cloud computing in Vietnam, aiming to optimize costs, modernize its business model, and bring opportunities for innovative transformation, adaptability, and enhanced customer service. This is also an important premise for PVcomBank to launch the new digital banking application – PVConnect, replacing the old PV Mobile Banking application with groundbreaking technological improvements, creating a modern and unique experience for users. This application has been in use for all PVcomBank customers since July 1, 2024.
Moreover, PVcomBank is proud to be one of the first banks to successfully connect with the National Population Database of the Ministry of Public Security, applying electronic identity cards with chips in eKYC electronic identification and authentication for opening payment accounts for individual customers. In addition, the implementation of biometric technology in payments also marks an important step for PVcomBank, contributing to the completion of the goals of the national and banking sector’s digital transformation program.
In the era of the 4.0 revolution, with the development of technology, PVcomBank has also fully utilized and applied modern platforms to create optimal conveniences for customers using digital financial products and services. Specifically, in addition to the retail segment, the bank also focuses its resources on developing more financial solutions for corporate customers: Opening online business accounts with eKYC; Applying digital financial services integrated with the ERP enterprise management system; Upgrading the PVcomBank Business system along with the convenient transaction approval and OTP code generation application; Continuously expanding financial services on partner channels (cooperation with VNPT to provide digital financial products and services for customers on the oneSME platform)… For businesses, this not only brings positive changes in business but also contributes to promoting the digitalization process, especially in the SME customer segment. This has been highly appreciated and recognized by ABF, awarding PVcomBank with the “Bank with Effective Digital Products for Small and Medium Enterprises.”
Sharing about receiving the two awards from ABF, a PVcomBank representative said: “Digital transformation plays an important role in the financial and banking industry, creating new opportunities and bringing superior values to customers. As a financial institution aiming for comprehensive digitalization, PVcomBank will continue to invest strongly in perfecting technology platforms, continuously improving service quality, and developing digital financial products. This is the basis for the bank to enhance its service capacity and meet all customer needs in the modern technology era.”
In previous years, ABF has also honored PVcomBank in many other award categories such as “Bank with Creative and Effective Marketing & Branding Activities” (2023), “Innovative Breakthrough Credit Card” (2020), “Bank with Outstanding New Personal Credit Product” (2019), and “Bank with Effective Cash Management Solution for Enterprises” (2019)… These impressive achievements not only affirm the position and development of PVcomBank but also promise to bring more values and enhance customer experience in the future.
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