9 months ago

MB Bank Adopts Nucleus Software's Debt Collection Platform

MB Bank Adopts Nucleus Software's Debt Collection Platform
MB Bank implements Nucleus Software’s debt collection platform · thehindubusinessline.com

MB Bank, one of the biggest banks in Vietnam, has started using a new system called FinnOne Neo to help them manage and collect debts.

This system was made by a company called Nucleus Software and was set up with the help of another company called FPT Information System Corporation Consortium.

The new system helps MB Bank to work more efficiently and follow the rules in Vietnam.

MB Bank has lots of customers, over 35 million, and is one of the top banks in Vietnam.

Nucleus Software helps many banks around the world with their financial systems.

The news also mentioned that the shares of Nucleus Software went up a bit on the stock market.

Key facts

Bank
MB Bank
Platform
FinnOne Neo
Provider
Nucleus Software
Collaborator
FPT Information System Corporation Consortium
Bank's Customer Base
Over 35 million
Bank's Ranking
Top 5 in total assets, 4th in pre-tax profit in Vietnam
Nucleus Software's Clients
Over 200 banks and financial institutions
Nucleus Software's Transaction Volume
$15 trillion yearly
Nucleus Software's Loan Management
$1.2 trillion in global loan values
Stock Price Change
₹949.25, up by ₹22.40 or 2.42%

Quotes

Parag Bhise

CEO and Executive Director of Nucleus Software

“The FinnOne Neo platform offers a secure and configurable solution with analytics capabilities for collection operations.”
thehindubusinessline.com

Mrs. Bùi Thị Miền

Deputy Director of Risk Management at MB Bank

“The system’s modules meet international standards while being customised to comply with Vietnamese legal requirements and regulations.”
thehindubusinessline.com

Sources

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