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| HCM Development Commercial Joint Stock Bank (HDBank) has signed an agreement with US company Meed to launch new mobile banking products in Viet Nam in November. — VNS Photo |
HCM CITY (Biz Hub) — HCM Development Commercial Joint Stock Bank (HDBank) has signed an agreement with US company Meed to launch new mobile banking products in Viet Nam in November.
Under the agreement, Meed's mobile application will enable HDBank to provide its customers affordable banking services on both desktops and mobile devices.
According to Meed, the new suite of products includes a demand deposit account, a security savings account, a secured line of credit and domestic and international transfers between Meed users.
The partnership will also enable HDBank to strengthen its relations with financial organisations affiliated to Meed.
Meed was established to provide a global platform for a community of networked member banks, corporate members and individual users.
The network provides users access to the member banks for their financial services needs and a solution for financial exclusion and immobility.— VNS