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2 clusters · 10 sources · 1 days · First seen 4 days ago · Last updated 4 days ago

Digital banking expansion in Vietnam

Overview

Vietnamese commercial banks are expanding their digital capabilities and financial services. Military Commercial Joint Stock Bank (MB) launched a digital multi-tier Supply Chain Finance (SCF) platform designed to facilitate capital flow for small and medium-sized enterprises (SMEs) within Vietnam’s manufacturing and electronics supply chains.

Simultaneously, Vietnam Maritime Commercial Joint Stock Bank (MSB) introduced its MSB Digital Bank and MSB Business Banking platforms to digitize customer journeys and internal processes. Alongside this digital transition, MSB proposed a 25% increase in charter capital and sought to establish a subsidiary at the Vietnam International Financial Center (VIFC) to improve access to international capital markets.

Entities

MSB · Military Commercial Joint Stock Bank · Backbase

Timeline

4 days ago

[BUSINESS] 6 sources
MSB launches digital banking platforms and proposes capital increase
MSB has launched its MSB Digital Bank and MSB Business Banking platforms while proposing a 25% charter capital increase to 46,800 billion VND and expansion into the Vietnam International Financial Center.
4 days ago

[BUSINESS] 4 sources
MB launches digital multi-tier supply chain finance platform
MB has launched a digital multi-tier Supply Chain Finance platform in Vietnam to improve capital access for SMEs and strengthen supplier ecosystems within global manufacturing shifts.

Sources

baochinhphu.vn · baohatinh.vn · baoquangninh.vn · cafef.vn · doanhnghiephoinhap.vn · doanhnghieptiepthi.vn · moitruong.net.vn · thesun.my · thoibaonganhang.vn · thoibaotaichinhvietnam.vn