Right in the first week after the app electronic know your customer/client (e-KYC), the Tien Phong Commercial Joint Stock Bank (TPBank) has seen nearly 5,000 customers registering to open their accounts through the bank’s mobile app.
Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.
The Tien Phong Commercial Joint Stock Bank (TPBank) and UnionPay International (UPI) signed a cooperation agreement on inter-bank payment in Vietnam, at a ceremony in Hanoi on July 15.
The Tien Phong Commercial Joint Stock Bank (TPBank) has won the 2018 fastest-growing small- and medium-sized enterprise (SME) bank award from the Global Banking and Finance Review.
Tien Phong Commercial Joint Stock Bank (TPBank) is the first bank in Vietnam to allow cash withdrawals using a QR Code at both its ATMs and Livebank service without needing a card.
The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of 100 million USD to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.
Many banks throughout the country need to recruit more employees for their newly opened branches this year or to replace staff members who quit their jobs before the Lunar New Year (Tet) holiday.
Tien Phong Commercial Joint-Stock Bank (TPBank) has received 45 million USD from the Asian Development Bank (ADB)’s Trade Finance Programme (TFP), bringing the total to 75 million USD.
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