Vietnam’s Sacombank installs new e-banking solution serving higher usage of Internet banking

Vietnam’s leading retail bank, Sai Gon Thuong Tin Bank or Sacombank has selected Infosys’s Finacle e-banking and mobile banking solution to implement their new Internet banking products and services. With Finacle solution, Sacombank customers are allowed to use advanced online functions and services such as personal financial management and liquidity management. For corporate clients, this new solution enables them to submit payment orders via mobile phone.

According to Nguyen Minh Tam, deputy CEO of Sacombank, Information Technology is one of their four key strategies and also top priority in bank from 2011 until 2015. He said that the bank aims to serve the e-banking needs of more than 2 million customers by 2016 and to allow customers to make almost all baking transactions over the Internet.

He added that this new implementation helps Sacombank penetrating in the very potential market and to set solid foundation to become the best service and most competitive bank in Vietnam and the region.

Infosys Limited (Infosys) is a global leader in consulting, technology and outsourcing with revenues of US$ 7.126 billion (RM21.75 billion). Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow’s enterprise.

by Terry Brown

Author: Terry KS

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