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LaoVietBank wins two prestigious IT awards in Asian Banking & Finance magazine in 2017.

In Award Gala Dinner held on July 13, 2017 at the Shangri-la Hotel, Singapore, Mr. Viengvilay SENGKHAMYONG - Deputy General Director of LaoVietBank and Mr. Nguyen Viet Phu - IT Manager, Mr. Nguyen Trieu Nam – IT Deputy Manager on behalf of LaoVietBank were honored to receive IT awards from Tim Charlton - Editor-in-Chief of Asian Banking and Finance.

Asian Banking and Finance magazine is known as one of the leading financial magazines in the field of banking and finance in Asia. Since 2006, the magazine has consistently voted to honor the best financial institutions of the year in 15 categories for retail banking and five categories for wholesale banks across Asia. The Council of judges is comprised of top senior experts in the banking and finance sector from leading international auditing firms Deloitte, Ernst and Young, KPMG and PricewaterhouseCoopers.

Thanks to the development in IT, support automation in operation, diversification of distribution channels and growth of modern banking products oriented to the development of retail banking. In 2017, LaoVietBank achieved two categories of awards:

  • Laos Domestic Technology & Operations Bank of the Year -  in the category of wholesale banking awards.
  • Digital Banking Initiative of the Year – Laos –in the category of retail banking awards

This is the 3rd consecutive year that LaoVietBank has been honored with the “Laos Domestic Technology & Operations Bank of the Year” category, especially ranked the first bank in Laos to be honored with the “Digital Banking Initiative of the Year” category awarded by a prestigious magazine in Asia in the field of finance and banking.

Mr. Viengvilay SENGKHAMYONG - Deputy General Director of LaoVietBank
gives a speech at the awards ceremony.

Speaking in front of more than 260 guests from 65 leading banks in Asia who won the prize in 2017 from 30 countries attending the awards ceremony, Mr Viengvilay SENGKHAMYONG emphasized the important role in developing IT with the activities of the bank, especially the development of retail banking products and services, and thanked to all employees of LaoVietBank, always try their best to fulfill excellently assigned tasks, particularly  to the staffs in  information technology department who have brought the recognized results with all effort and creativity in work. Besides, he also expressed thanks to Asian Banking and Finance Committee for organizing the meeting to share experience

Also in the ceremony, Mr. Nguyen Viet Phu - IT Manager also confirmed to focus on the information technology resources in order to continue developing modern banking products and services bringing the best technology utilities to customers.

On the occasion, LaoVietBank also had the opportunity to discuss and exchange experiences in developing modern banking products and services, and future development of banking with major banks in the region.

Information about the ABF Awards Gala Night in 2017 is posted on the official website of Asian Banking and Finance magazine at the following address: http://asianbankingandfinance.net/retail-banking/exclusive/asian-banking-and- finance-awards-2017-recognises-record-number-winners