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Agribank honored for the 9th consecutive time for IT System Excellence at prestigious Sao Khue Award 2024

15/04/2024

On the morning of April 13, 2024, overcoming many excellent solutions, 2 Agribank systems/products were honored at the Sao Khue 2024 award, marking the 9th consecutive time (2016-2024) Agribank has received the award.

Sao Khue is the most prestigious and long-standing award of the software and information technology (IT) services industry in Vietnam organized by VINASA since 2003. Products and services that receive the Sao Khue Award are of high quality, outstanding efficiency, and have a competitive advantage in the market.

Officially deployed throughout the Agribank system from the end of 2023, contributing to a 40% increase in transactions on the payment system while ensuring safety and security for tens of millions of smooth and seamless transactions every day, Agribank's two systems/products: Agribank Payment Hub and Agribank E-Mobile Banking Integration on the Payment Hub have been honored as Excellent Information Technology (IT) systems/products in the field of Digital Banking at the 2024 Sao Khue Award Ceremony organized by the Vietnam Software & IT services (VINASA).

Agribank Payment Hub brings Agribank's payment systems into an overall architecture that helps increase the ability to monitor payment activities, minimize risks related to distributed processes but does not affect the Core bank. The Agribank Payment Hub allows the deployment of a variety of retail payment services, the integration of new payment channels and expansion as required by partners on the same single connection platform between Agribank and other payment systems without limitations, at the same time ensures 24/7 operation, thereby optimizing resources and costs for all parties.

Based on the development of the Payment Hub and Agribank E-Mobile Banking Integration on the Payment Hub, Agribank has provided additional interbank money transfer methods for customers on the Agribank E-Mobile Banking application with high limits. At the same time, providing comprehensive product packages on digital technology platforms such as Open API ERP, business wallet, electronic bank statements, QR interbank bill payments to nearly 20 partners who are Corporations, e-wallets/payment intermediaries such as such as : Vietnam Oil and Gas Group, VNPT Group, Vietnam Chemical Group, VNPAY, Jetpay, etc.

 

Kylie Nguyen

© 2019 Vietnam Bank for Agriculture and Rural Development No. 2 Lang Ha street, Ba Dinh district, Hanoi, Vietnam
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