 |
| Mr. Masahiro Yoshimura, CEO, General Director of Investment Management, SMBC Bank and Mr. Ngo Chi Dung, Chairman of the Board of Directors of VPBank, at the signing ceremony of the cooperation agreement between VPBank and SMBC, March 27, 2023. |
Comprehensive support
VPBank's FDI customers can enjoy more corporate financial services, while at the same time being indirectly supported by the bank to retain talent through specialized financial products, services and solutions - designed to bring satisfaction and the best financial service experience to employees, thereby increasing engagement with FDI enterprises.
Sharing at the workshop “Resonating investment power for a prosperous Vietnam” organized by Dau Tu Newspaper, Director of VPBank FDI Center Mochizuki Masashi said that in an effort to expand the FDI customer segment, the bank not only provides capital or cash flow management services, revenue and expenditure management... for FDI enterprises operating in Vietnam, but also meets the financial needs of employees at many different levels at that enterprise. These needs are diverse, from opening accounts, opening credit cards, using overdraft services, unsecured loans with preferential interest rates, home loans, car loans... to signing labor contracts to protect employees' rights...
According to VPBank's representative, taking special care of the financial needs of employees in the enterprise will create a resonant value that helps these units retain talent and continue to contribute in the long term, when the bank becomes a companion to help eliminate worries related to finance and financial management of each individual.
For FDI enterprises, VPBank has been meeting a variety of financial needs from credit granting, cash flow management, management of regular business activities to trade finance, foreign exchange transactions, etc.
Taking the supply chain finance service package for FDI enterprises as an example, enterprises operating in the supply chain have access to VPBank's supply chain finance system (VPBank SCF System), thereby performing many specialized tasks such as disbursement requests for suppliers, automatic disbursement requests for FDI enterprises or searching for updated sales information on the system...
Through this system, FDI enterprises can improve sales, check the payment status of orders and minimize risks such as missing receivables from customers. Along with that, enterprises in the supply ecosystem can improve cash flow and cut borrowing costs when banks provide loans with preferential interest rates exclusively for customers operating in the supply chain of FDI enterprises.
In addition, for payroll services, VPBank can support businesses by shortening the time for salary transfers, thereby reducing related costs. For customers in industrial parks, VPBank can consider installing ATMs at the customer's premises, to bring convenience to the business's employees when they need to withdraw money.
 |
| VPBank headquarters hung a banner welcoming the event of SMBC becoming a strategic shareholder. |
Ready force
In order to provide comprehensive and specialized financial products, services and solutions to the inclusive ecosystem of FDI enterprises, VPBank and SMBC have been building a strong relationship to promote each other's strengths, aiming to promote the development of FDI enterprises in Vietnam in the future.
SMBC and VPBank, through the capital sale agreement signed last March, have officially become strategic partners, thereby supplementing the missing pieces of the partnership to optimize the opportunities that the market brings - including the open growth potential of the FDI sector in Vietnam in the context of the global supply chain shift.
The Japanese partner brings to the bilateral relationship long-standing experience and expertise in the field of finance and banking in Japan and the world , along with competitive advantages in terms of its extensive network of operations and customer base - with more than 200,000 customers being multinational corporations and large enterprises around the world.
In addition, through VPBank, SMBC will increase its presence and open up opportunities to provide capital for large domestic investment projects, especially in areas such as infrastructure construction, green growth business projects, environmental friendliness, and sustainable development that the group is interested in.
VPBank has strengths in retail banking and a deep understanding of the domestic market. With a comprehensive set of products, services and financial solutions for many different customer segments, the bank can fully meet the diverse needs of individual customers - including employees of many existing and potential FDI enterprises - exploited from SMBC's customer base.
The combination of VPBank and SMBC, accordingly, will cover quite completely both individual and corporate customer segments through financial products, services and solutions designed to suit the needs and behaviors of users, thereby bringing customer satisfaction.
“FDI is an important growth driver of the Vietnamese economy and we have a responsibility to serve our foreign investor clients to build a long-term relationship between the two partners to create a win-win situation through products and solutions to support international businesses operating in Vietnam,” Mr. Mochizuki Masashi emphasized at the workshop.
Source
Comment (0)