Banks in the Asia-Pacific region (APAC) are working hard, focusing on digitizing lending activities, and then focusing on deposits. This trend is especially evident in Vietnam.
The above data has just been published in the APAC Fintech and Digital Banking Industry Forecast to 2025 made by IDC under the authorization of Backbase.
Accordingly, in Vietnam, core banks and modernization of the payment system will be the two main concerns of the top 8 national banks, in order to anticipate high consumer demand by 2025.
Accordingly, in Vietnam, core banks and modernization of the payment system will be the two main concerns of the top 8 national banks, in order to anticipate high consumer demand by 2025.
It’s a loan service. Banks in APAC will focus on digitizing lending, followed by deposits.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity. This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
Simultaneously, the challenges are more and more severe after the pandemic, in each market in the APAC region, incumbent banks will face fierce competition from at least two digital banks.
This trend is very clear in Vietnam, when up to 80% of banks reinvest in credit risk management and liabilities, while consolidating lending capacity.
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Hồng Phúc
