Amidst a rapidly evolving financial landscape, Vietnamese banks have embarked on a journey of transformation and reinvention in 2023. This metamorphosis has been marked by a wave of rebranding initiatives, significant governance changes, and the adoption of advanced technology. The spotlight is on several noteworthy institutions such as PGBank, Ban Viet Joint Stock Commercial Bank, and Buu Dien Lien Viet Bank, who have redefined their identities to mirror internal reshuffling and technological enhancements. A New Era for Vietnamese Banks The former Petrolimex Group Commercial Joint Stock Bank, now known as Prosperity and Growth Commercial Joint Stock Bank, underwent a significant rebranding after Petrolimex divested and was replaced by shareholders from the Thanh Cong group’s ecosystem. Similarly, Ban Viet Joint Stock Commercial Bank transitioned from VietCapital Bank to BVBank, and Buu Dien Lien Viet Bank transformed from LienVietPostBank to LPBank. These changes are not mere cosmetic facelifts but signify a strategic shift in the banks’ management, shareholder structure, and service offerings. Embracing Digital Transformation Alongside the rebranding, Vietnamese banks have turned their focus on enhancing customer experiences through digital solutions. This includes the adoption of cloud computing, cashless payments, and comprehensive digital platforms. Institutions such as Techcombank, VPBank, and Vietcombank […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
