Vietnam's Tien Phong Commercial Joint Stock Bank expects its pretax profit to rise 15 percent next year as the nation’s pioneer in adopting automation technology benefits from cost savings, according to Chief Executive Officer Nguyen Hung.
VIETNAM’S Tien Phong Commercial Joint Stock Bank expects its pretax profit to rise 15 percent next year as the nation’s pioneer in adopting automation technology benefits from cost savings, according to Chief Executive Officer Nguyen Hung.
TPBank, with about 95 percent of its transactions processed digitally, is the first Vietnamese lender to adopt so-called Live-Bank, a video-teller-machine system that allows clients to deposit or transfer money, and open instant credit cards with facial and fingerprint authentication. “Having these live-bank machines is so critical as it helped us quicken the reallocation of our resources for new business model and expand profits,” Hung said, adding that the bank has reassigned about 800 employees from routine clerical works to “more creative and profitable jobs.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bored & Hungry, America’s best burger joint of 2022, returns to Manila with another limited time pop-upWith Chef Fernando Valladares and Golda Valladares at the helm, Bored & Hungry is serving its special Bored OG Burger (P595) featuring a smashed patty, cheese, and sauteed onions.
Read more »
Quezon City bans households from holding fireworks displays - BusinessWorld OnlineTHE QUEZON City government has prohibited private households from holding their own fireworks display to lessen injuries during the holiday season. Fireworks displays would only be allowed in public places “as approved by the city government,” Mayor Maria Josefina Tanya “Joy” Belmonte said in an executive order. “We also want to protect homes, commercial buildings […]
Read more »
RCBC projects 2023 inflation average at 4.5-5.5% - BusinessWorld OnlineRIZAL Commercial Banking Corp. (RCBC) said average inflation is expected to slow to 4.5% to 5.5% in 2023 as oil prices ease, with the lower end of his forecast in line with the government’s official projection of 4.5%. In an email, the bank’s Chief Economist Michael L. Ricafort said he sees inflation in the first quarter averaging […]
Read more »
5 arrested in deadly shootingat Minnesota’s Mall of America - BusinessMirrorBLOOMINGTON, Minn.—Five people were arrested in the fatal shooting of a 19-year-old man at the Mall of America that sent the sprawling commercial center into lockdown on one of the final days of the holiday shopping season, police said Saturday. At an evening news conference, Bloomington Police Chief Booker Hodges announced the arrests in connection
Read more »
Man arrested for bomb joke, illegal possession of drugs in DavaoDAVAO CITY (MindaNews / 27 Dec) – Police authorities arrested a 22-year-old bus passenger who was initially arrested for “bomb joke” but was later found possessing shabu during a joint police and m…
Read more »
PNP-CIDG eyes more vital leads in missing sabungeros’ case - BusinessMirrorTHE director of the Philippine National Police Criminal Investigation and Detection Group (PNP-CIDG), Brig. Gen. Ronald O. Lee, said their continuous efforts along with those of Department of Justice (DOJ) found probable cause to indict suspects in the case of the disappearance of some of the victims at the Manila Arena. A 15-page joint resolution
Read more »