Hanoi-based bank picks Polaris platform to streamline ops

A Vietnam government-owned bank headquartered in Hanoi has chosen Polaris Software Lab's Intellect Global Universal Banking M180 (GUB) platform to centralise its operations.

The Vietnam Bank of Social Policies has chosen Polaris' Intellect Global Universal Banking M180 (GUB) platform to centralise operations across the bank, Chennai-based Polaris Software Lab in a statement here said.

Polaris would provide intellect core and lending modules to the bank, enabling it to handle traditional banking products in an integrated and efficient manner.

"We are happy and proud that Vietnam Bank for Social Polices chose to implement Polaris' Intellect GUB M180 amongst various other competitors in the industry. The system would offer Vietnam Bank for Social Policies the flexibility required to support the banks aggressive growth plans," Polaris Software Head-Asia Pacific Supriyo Sircar said.

The Vietnam Bank for Social Polices headquartered in Hanoi is a government-owned bank operating 64 branches, 612 district transaction offices and 9,773 mobile transaction points.