It’s ABBANK! This Vietnam-based retail bank has invested in fintech Backbase to launch ABBANK Business, a digital banking platform.

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📲 The ABC’s of ABBANK

Established in 1993 as a retail bank, ABBANK has a network of 165 branches across 34 provinces in Vietnam. 

• The new ABBANK Business app will enable the company to digitally transform its services for small and medium-sized enterprises (SMEs).
• With the new platform, clients can access customizable account numbers, quick bill payments, international money transfers, and a dashboard for updates on interest rates, recent transactions, and more. 

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🏛️ About Backbase

Founded in 2003 in Amsterdam, Backbase helps banks accelerate their digital transformation. 

How? They empower banks to move away from legacy systems to a modern architecture tailored to improving customer and employee journeys.

• Whether onboarding new customers or offering digital lending, banking, and investing services, they can have your platform ready to market faster. 

SEA footprint. They operate across key markets in APAC, like Australia, India, Indonesia, Malaysia, and the Philippines. Oh, and their APAC headquarters are in Singapore!