9:20:27 AM | 2/5/2026
Unlike traditional electronic banking applications, ABBANK Business, developed by An Binh Commercial Joint Stock Bank (ABBANK), is positioned as a comprehensive tool that supports small and medium-sized enterprises (SMEs) not only in transaction execution, but also in financial management and control.
Financial digitalization - a long-term challenge for SMEs
In recent years, digital transformation has become an inevitable trend across the business community, particularly among SMEs. As operating costs rise, cash flow pressure increases, and financial transparency requirements become more demanding, the adoption of digital platforms in financial management has been viewed as a key factor in maintaining competitiveness.
With a modern financial ecosystem, ABBANK aims to strengthen the operational capacity of SMEs, a customer segment that forms the backbone of the economy
According to market reports, SMEs account for the majority of enterprises in Vietnam, yet the level of technology adoption in financial management remains uneven. Many enterprises continue to depend on manual processes and fragmented systems, making it difficult to monitor cash flow in real time and slowing decision-making in critical business situations. In this context, digital banking platforms developed specifically for enterprises are expected to serve as a financial “coordination hub,” supporting more efficient operations.
ABBANK Business: From a transaction tool to a financial management platform
ABBANK Business is a digital banking platform for corporate customers developed and operated by ABBANK. Unlike traditional electronic banking applications, ABBANK Business is designed to support enterprises not only in transaction execution, but also in financial management and control.
Through ABBANK Business, enterprises can conduct common financial operations on a centralized digital platform
Through ABBANK Business, enterprises can conduct core financial activities such as account management, domestic and international payments, payroll disbursement, tax payments, foreign exchange transactions, and centralized cash flow monitoring on a single platform. The end-to-end digitalization of these processes has enabled enterprises to shorten processing time, reduce errors, and improve transparency in financial management.
An ABBANK representative shared that the platform was developed based on in-depth research into the behavior and practical needs of SMEs. “The objective of ABBANK Business is not simply to replace counter-based transactions, but to enable enterprises to manage finance more proactively, optimize resources, and improve operational efficiency over the long term,” the representative said.
During its operation, ABBANK Business has been continuously upgraded with additional features. Recently, the dashboard system was enhanced to provide a more intuitive interface, allowing enterprises to track inflows, outflows, and balances in real time. Functions such as online foreign exchange transactions with continuously updated rates, flexible approval authorization, and online issuance of guarantees have also supported the evolving needs of enterprises as their business activities expand.
ABBANK Business currently supports up to 94% of total corporate customer transactions across the system. International remittance services with a fully online experience have met approximately 75% of actual customer demand, reflecting strong enterprise adoption of digital transaction channels.
Beyond Web and Mobile Banking, ABBANK is gradually deploying open banking and embedded finance models through partnerships within its ecosystem. This approach aims to integrate financial services directly into business, accounting, and e-commerce platforms, enabling enterprises to access banking services more seamlessly within their daily operating processes.
Effectiveness from practical enterprise experience
ABBANK Business has been recording increasing adoption within the business community, particularly in cash flow management and digital financial transactions.
Que Lam North Co., Ltd. is awarded the special prize of one OMODA C5 Turbo Premium vehicle under the “ABBANK Business” program
Nguyen Thien Luong, CEO of Que Lam North Co., Ltd., shared that the implementation of ABBANK Business has enabled the company to significantly streamline its financial processes. Previously, the accounting team handled a wide range of manual tasks related to payroll, payments, exchange rate monitoring, and cash flow control. After transitioning to the digital banking platform, these activities have been centralized and processed more efficiently, allowing the enterprise to operate more proactively and allocate resources more effectively.
From the banking perspective, ABBANK views ABBANK Business as one of the core platforms in its strategy to support SMEs. In the coming period, the bank will continue to invest in technology upgrades, expand its service ecosystem, and personalize user experience to help enterprises adapt more effectively to a highly volatile business environment.
LA (Vietnam Business Forum)
Vietnamese
