Sunday, 16 June 2024

Best API Initiative in Vietnam -VietinBank

5 min read

By The Asian Banker

The best open application programming interface (API) creates powerful synergies between the institution's products and service propositions and its customers.  It allows exposing data and services externally and internally to partners and mobile devices. The complete API management platforms can maximise business value and deliver APIs that are supported by developers and business owners.

The winning bank launched an API platform that allows data sharing and simulates banking product and service ecosystems for its partners. Since its implementation, the bank’s customer base grew by 15% and transactions rose by 30% annually. It saved costs by 50% and reduced time by 70%. The Best Open Banking/API Initiative/Application in Vietnam goes to VietinBank


About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The global research company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. Visit for details.

You may visit the Excellence in Retail Financial Services page at


For further information on the collaterals for winning banks, please contact:

Mr. Mobasher Zein Kazmi

Head of Research

Tel: (+61) 452 514 145


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