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Afflicted Vietnamese lender DongA Financial institution has formally rebranded as Vikki Virtual Financial institution.
The title trade, licensed via the State Financial institution of Vietnam, took impact on 15 February 2025.
The financial institution, now working as Vikki Virtual Financial institution Restricted, has additionally up to date its headquarters cope with to 72 Ly Thuong Kiet, Hanoi.
Along the rebrand, its website online has been modified, and its electronic banking apps had been renamed to Vikki Web Banking, Vikki DAB, and Vikki Comfortable OPT to mirror the brand new id.
The transition does no longer have an effect on buyer rights or ongoing transactions, in step with the financial institution.
The rebranding follows HDBank’s acquisition of DongA Financial institution below the State Financial institution of Vietnam’s banking sector restructuring plan.
The initiative, which additionally noticed VPBank take over GPBank, targets to stabilise the rustic’s monetary device via soaking up weaker lenders into more potent establishments.
HDBank has stated the purchase will assist enlarge its operations, beef up lending, and introduce new industry fashions.
The financial institution has gained assurances of regulatory beef up to make sure a easy transition.
To mark the trade, Vikki Virtual Financial institution has introduced promotional campaigns and unveiled a refreshed glance throughout its 212 transaction issues.
It targets to place itself as a digital-first financial institution whilst keeping up a bodily presence, providing built-in monetary products and services that mix complex era with conventional banking infrastructure.
Vikki Virtual Financial institution has additionally reaffirmed its dedication to bettering monetary get entry to, proceeding tasks began below DongA Financial institution to serve underserved communities.
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