The Vietnam Bank for Social Policies (VBSP), a government owned bank taking the lead in policy and microfinance has gone live with Polaris’ state-of-the-art Intellect Core Banking Solution (CBS) in all its 692 branches spread across Vietnam. VBSP chose Polaris Financial Technology, a leader in products, solutions and services that enable unprecedented operational productivity for the global Financial Services industry, to implement its Core Banking, Lending and Offline Solutions, enabling them to handle traditional banking products in an integrated and efficient manner.
Intellect CBS deployed provides rich MIS reports on demand to effectively manage VBSP’s socio-policy based Lending programs and helps the bank monitor the operations spread across Vietnam. The solution allows the bank to efficiently evaluate the success of various socio-policy lending programs.
Polaris is a full-spectrum Financial Technology major, using technology as an enabler to drive unprecedented operational productivity in Retail, Corporate and Investment Banking. Polaris services over 200 banks across the world, including 9 of the top 10 banks, with a comprehensive suite of products, services and consulting offerings.
