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FINANCIAL TECHNOLOGY | Cesar Tordesillas, Vietnam

Laos-Vietnam Bank to get technological facelift

The Laos-Vietnam Joint Venture Bank will transform its CorBanking software system with a US$431 million loan from the Corporation for Financing and Promoting Technology of Vietnam .

A contract to this effect was inked between FPT and LVB in the Lao capital city of Vientiane.

According to LVB General Director Nguyen Kim Dieu, the US$ 4.31 million will help the bank improve the efficiency of using resources and brand name, save expenditures and supply modern products and services.

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