Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) has successfully upgraded the core banking system (Core Banking) T24 Temenos to version R22 - the latest version in the Vietnamese market, to enhance compliance with international regulations, risk management, transparency and safety in banking operations. In addition, the upgrade helps improve system performance and capacity, meeting the needs of business expansion, thereby bringing customers the most outstanding experiences when using the bank's products and services. On November 30, in Can Tho City, the Department of Tourism of Ho Chi Minh City in coordination with the Department of Culture, Sports and Tourism of Can Tho City organized a seminar on "Orientation for developing river tourism products and announcing the river tourism route connecting the city. Ho Chi Minh City with the provinces and cities in the Mekong Delta region". General Secretary To Lam emphasized the need to urgently and actively implement the summary of Resolution No. 18-NQ/TW and carry out a revolution in arranging, organizing and streamlining the apparatus of the political system. This is a particularly important task, not only a matter of scale or quantity but more deeply, it is necessary to create qualitative changes in the operation of the political system. Up to now, Tra Vinh province has achieved 7/8 contents of new rural construction, all districts at the Prime Minister's decision to recognize them as meeting new rural standards. The fourth survey of the socio-economic situation of 53 ethnic minorities according to the commune ballot added the task of collecting information on the number of vocational training establishments in communes/wards/towns as of July 1, 2024. Along with collecting the actual status of labor qualifications according to household registration, information on vocational training facilities provides an important data set to review vocational training for rural laborers and ethnic minority laborers. 11 mountainous districts in Nghe An have cultural spaces with strong identities. The intangible cultural heritage there is very rich in quantity and diverse in types. However, the counting and inventory work is facing certain shortcomings; this is a significant challenge affecting the process of preservation, restoration and development. That is also the reason why people need to make great efforts to implement Project 6, the National Target Program on Socio-Economic Development of Ethnic Minorities and Mountainous Areas for the period 2021-2025 on "Preserving and promoting the fine traditional cultural values of ethnic minorities associated with tourism development" to be effective. Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) has successfully upgraded the core banking system (Core Banking) T24 Temenos to version R22 - the latest version in the Vietnamese market, to enhance compliance with international regulations, risk management, transparency and safety in banking operations. In addition, the upgrade helps improve system performance and capacity, meeting the needs of business expansion, thereby bringing customers the most outstanding experiences when using banking products and services. In round 13 of the Premier League, Tottenham and Fulham created a rather attractive double-attack game in this match. Many delicious opportunities were created by both sides but were not successfully exploited. The summary news of the Ethnic and Development Newspaper, on November 29, has the following notable information: Long An - Shining Aspiration of the Vam River. Five-color cake - Unique specialty of the Cao Lan people. Where the Ba Na cultural identity is preserved and promoted. Along with other current news in the ethnic minority and mountainous areas. Man United will host Everton in round 13 of the Premier League 2024-2025 season. Despite the many changes in the lineup, the home team still easily won with a score of 4-0. In round 13 of the 2024-2025 Premier League, Man City had a difficult trip to Liverpool's field. Faced with the strength and discipline of the home team, Man City was forced to leave the field empty-handed. Recently, dozens of households in Dak Long commune, Dak Ha district, Kon Tum province are facing flooding and landslides due to the water storage activities of Dak Psi 6 Hydropower Plant. Although people have repeatedly petitioned the authorities, Dak Psi 6 Hydropower Investment Joint Stock Company has yet to have a plan to compensate for the damage. Implementing the program to eliminate temporary and dilapidated houses for people in the area, Lao Cai province strives to complete housing support for 8,227 households with revolutionary contributions, relatives of martyrs, poor and near-poor households before September 2025. In particular, Nong Thon Moi Bao Thang district is determined to be the locality that will complete the elimination of temporary houses in 2024. With their enthusiasm and responsibility, in recent years, the prestigious people in Phuoc Son district (Quang Nam province) have made many positive contributions to the socio-economic development of the district. They are typical examples of economic development, a bridge to propagate the policies and guidelines of the Party and State to the people, especially in mobilizing people to respond to the implementation of national target programs (MTQG), push back bad customs, and join hands to preserve and promote the cultural values of their people. To clarify this issue, the reporter of the Ethnic and Development Newspaper had an interview with Mr. Nguyen Van Bang - Head of the Ethnic Department of Phuoc Son district.
Upgrade business features according to international practices
Identifying technology as a key factor in enhancing competitiveness, in 2006, SeABank invested heavily in the world's leading modern core banking management software T24 Temenos and was the first bank to successfully deploy this software.
With the goal of improving product and service quality, optimizing service operations and better meeting customer needs, SeABank regularly updates features and upgrades to the latest version.
In November 2024, SeABank successfully upgraded to T24 version R22 - the latest version deployed in the Vietnamese market. One of the key improvements of the T24 system version R22 is the integration of new business features, meeting international standards in finance and banking. This system supports SeABank in improving its compliance with international regulations, enhancing risk management capabilities, and increasing transparency and safety in banking operations.
The new business features of T24 version R22 allow banks to flexibly customize products and services to suit the diverse needs of customers, especially individual and corporate customers.
With this upgrade, SeABank can deploy financial products according to international standards, helping customers easily access advanced financial services such as multinational cash flow management, international payments and investment support services.
Compliance with international standards not only helps SeABank expand its international cooperation network, but also creates trust from partners and customers, enhancing the bank's reputation in the financial market.
Applying new technology to improve system performance and capacity
In addition to upgrading business features, SeABank also takes advantage of advanced technologies integrated in T24 version R22 to optimize the performance of the core system. This new version uses modern technologies (TAFJ), real-time data analysis, thereby helping the Bank shorten transaction processing time, improve accuracy and minimize system errors.
Thanks to the application of new technologies, the T24 R22 core banking system is capable of handling a large number of transactions without reducing performance, thereby meeting the increasing transaction needs of customers.
The system is also scalable, allowing SeABank to easily add new features and services in the future without affecting operational performance. This is a major step forward in helping the Bank quickly adapt to market changes, while improving service capabilities and customer experience.
Mr. Nguyen Tuan Cuong, Deputy General Director of SeABank shared: “SeABank is proud to be one of the pioneering banks to upgrade the core banking system to T24 version R22, creating a solid foundation for sustainable development. We believe that this innovation will help SeABank improve its competitiveness, optimize operations and continuously bring added value and superior experiences to customers”.
Upgrading the Core banking system is also an investment for SeABank's long-term benefits, bringing customers a completely new, more convenient and safer banking experience, gradually realizing the "Digital Convergence" strategy, aiming to become the most favorite retail bank.
Established in 1994, SeABank is one of the leading joint stock commercial banks in Vietnam with more than 3.6 million customers, nearly 5,500 employees and 181 transaction points nationwide. SeABank's goal is to become a typical retail bank with a customer-centric strategy by providing a diverse system of financial products and services to individuals, small businesses and large enterprises. SeABank is considered one of the key banks in the banking system with a charter capital of VND 28,350 billion, ranked Ba3 by Moody's in many important categories, and is one of the first banks to implement Basel III international risk management standards.
According to the development strategy of "Digital Convergence", SeABank focuses on digitizing products and services as well as applying technology in internal operations and investing in building modern technology infrastructure to optimize processes, increase operational efficiency, bring customers a different experience of digital banking services, aiming to become the most favorite retail bank.
Source: https://baodantoc.vn/seabank-nang-cap-thanh-cong-he-thong-ngan-hang-loi-t24-len-r22-phien-ban-moi-nhat-duoc-trien-dei-tai-thi-truong-viet-nam-1733122280291.htm
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