Nucleus Software Exports and CMC-TS have signed an agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) for digitally transforming the lending origination operations of the Vietnamese bank.

By deploying FinnOne Neo, the lending platform of Nucleus Software Exports, the Vietnamese bank will look to quickly introduce innovative products and services in the market.

Parag Bhise — Nucleus Software Exports CEO said: “We are confident that our platform will enable PVcomBank to move rapidly towards digitisation of lending, cater to the Bank’s goals of retail product proliferation and help streamline its operations. We are strongly committed to Vietnam’s financial service sector’s development in partnering with them to unlock growth and help them stay ahead of the curve.

“Our association with CMC-TC demonstrates our commitment to provide world class services across Vietnam and South East Asia.”

Through the partnership, PVcomBank expects to increase its consumer loans by two folds within the next four to five years.

Tan Tran — PVcomBank CEO said: “PVcomBank has been focussed on providing “Gapless Banking” to its customers and in line with this theme, we have decided to partner with the best in the Fintech industry- Nucleus Software.

“FinnOne Neo is a highly flexible, scalable platform with omni-channel capabilities that will support the diversified needs of our individual and corporate customers. We are confident that with the advanced functionalities and robust technology of FinnOne Neo, we will be able to move at an accelerated pace to become a Lifetime bank”.

  Banking industry news, CMC-TS, FinnOne Neo, Nucleus Software, Parag Bhise, Tan Tran, Vietnam