Search results
Results from the WOW.Com Content Network
UML class diagram depicting a bank account. Advancements in Internet and information technology reduced manual work in banks and increased efficiency. Computer software is developed to perform core operations of banking like recording of transactions, passbook maintenance, interest calculations on loans and deposits, customer records, the balance of payments, and withdrawal.
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing.
Vietcombank or formally the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietnamese: Ngân hàng TMCP Ngoại thương Việt Nam) is a major commercial bank in Vietnam. Overview [ edit ]
Lan, 68, was appealing a death sentence for orchestrating a $44bn fraud – the largest in banking history. Convicted in April under Vietnam’s anti-corruption campaign, she was accused of ...
VNPT VinaPhone Corporation (Vietnamese: Tổng Công ty Dịch vụ Viễn thông, lit. 'Telecommunications Services Corporation'), [1] [2] also recognized by its brand name VinaPhone (sometimes stylized all owercase or alternatively Vinaphone), is a major mobile network operator in Vietnam and the core subsidiary of the state-owned Vietnam Posts and Telecommunications Group.
As of 2021, the bank's total assets and net income were VND 568,811bn ($24.89bn) and 18,038bn ($789 million) respectively. [18] In 2024, Techcombank won four prestigious awards from the Asian Banker for excellence in transaction banking, for its use of cloud-based technology, data and AI, for its use of cloud-based technology and growth ...
The Avaloq Banking Suite software is used by over 450 customers including HSBC, Barclays, Royal Bank of Scotland, UBS, Deutsche Bank, Nomura and Societe Generale. [1] Some of the customers have performed business process outsourcing to Avaloq itself for the actual running of the core computing service, which uses cloud computing .
In 2018, OCB was recognized by the State Bank of Vietnam for successfully completing the implementation of Basel II. Basel II is an international set of standards for bank risk management. [20] [21] In January 2020, Aozora Bank of Japan purchased a 15% stake in OCB. [22] In 2021, OCB was officially listed on the Ho Chi Minh City Stock Exchange ...