Amid the banking industry’s vigorous digital transformation, this partnership marks a significant milestone in Public Bank Vietnam’s comprehensive digital journey, introducing substantial improvements and breakthroughs in operations and service quality enhancement.
According to the agreement, Oracle will provide a comprehensive solution encompassing Infrastructure – Platform – Applications (100% Oracle Technology) for Public Bank Vietnam, with FLEXCUBE as the core banking solution. This solution is designed to help Public Bank Vietnam optimize operational processes and improve system performance while ensuring flexibility in developing and expanding financial products and services.
Official signing ceremony the Oracle FLEXCUBE Core Banking implementation
The implementation of the FLEXCUBE core banking system will accelerate Public Bank Vietnam’s launch of quality products, offer more tailored services and promotions, and provide a seamless and elevated customer experience – from service registration to account management and payment transactions – fulfilling the customers' continuous transaction needs.
At the ceremony, Mr. Chee Keng Eng, General Director of Public Bank Vietnam, stated: "The implementation of Oracle's core banking solution is a significant step in the bank's modernization strategy. We believe this partnership will help us optimize our operational processes, improve our products and customer services in Vietnam and contribute to the sustainable growth of Public Bank Vietnam in contributing to the banking sector in Vietnam".
The ceremony were attended by Mr. HS Teji, Vice President for Banking in the Japan & Asia Pacific region at Oracle, and other key members.
This synchronized deployment enables Public Bank Vietnam to deliver a comprehensive and rapid customer service experience.
About Public Bank Vietnam:
Public Bank Vietnam (PBVN) is a 100% foreign-owned bank by Public Bank Berhad, Malaysia, one of Malaysia’s leading banks known for consistent business performance and sustainable management. After over 31 years of efficient operation in Vietnam, the bank has expanded its network to 40 branches across major provinces and cities, aiming to be a leading, safe, effective and reputable credit institution in Vietnam.
About Oracle:
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit www.oracle.com.