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Techcombank in Vietnam to Launch Techcombank JCB Dreamcard for Moderate Income Customers



Ho Chi Minh City and Tokyo, Apr 26, 2014 - (ACN Newswire) - Vietnam Techcombank and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, the only payment card brand based in Japan, have officially announced the launch of Techcombank JCB Dreamcard. Product launching ceremony was held on the same day with the participation of more than 2,000 people.

Techcombank JCB Dreamcard is designed with suitable benefits for customers with average monthly income from 4 million VND. Techcombank JCB Dreamcard allows cardmembers to withdraw cash at all Techcombank ATMs nationwide, 24 hours per day, 7 days per week and to make purchase at over 24 million JCB merchants worldwide including Vietnam. Cardmembers, with a credit limit of up to 2 month salary with this card, can enjoy the benefit of minimum repayment amount starting from 10% of outstanding balance.

Card application procedures are fast, and simple. Customers with salary paid via Techcombank accounts for at least 3 months can apply without any secured asset. With Techcombank JCB Dreamcards, cardmembers will no longer have financial worries about unexpected needs for cash in daily life or miss sales promotion programs while there is not enough cash.

About Techcombank

Vietnam Technological & Commercial Joint-stock Bank (Techcombank) was established in 1993, after 21 years of construction and development. Techcombank has become one of the leading commercial banks in Vietnam, specializing in providing comprehensive financial solutions for individual customers, corporations and financial institutions.

Up to 31/12/2013, Techcombank's total assets reached nearly 159,000 billion VND; charter capital has reached 8,878 billion VND. With a workforce of over 7,000 people, with the participation of foreign experts, experienced senior officials, and a wide network includes 301 branches and transaction offices and nearly 1,300 ATMs connected with 12,000 ATMs in BankNet, SmartLink system, Techcombank is serving more than 3.3 million retail customers and over 45,000 corporate customers.

In recent years, Techcombank has honor to receive many prestigious domestic & international awards such as the Best Bank in Vietnam from Finance Asia, Local Bank with Best Currency Management in Vietnam. In 2013, Techcombank has received many prestigious international awards such as Typical Retail Banking, Best Trade Finance Bank in Vietnam by Asian Banker, Asian Banking and Finance, and Finance Asia.

With the vision of becoming the leading bank with international standard, based on the strength of capital resources, networks, human resources and technology, Techcombank has built a strategic transformation program to become the best bank in Vietnam.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 25 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 16 countries and territories, with more than 83 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english

Media enquiries to:

Techcombank
Do Dinh Bao Ngoc
Partner Relations & Communication
Phone: +84 0908 415888
Email: [email protected]

JCB International Co., Ltd.
Ayako Tanaka
Corporate Planning
Phone: +81-3-5778-8390
Email: [email protected]

Source: JCB

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