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Wednesday, 23 April 2014, 19:20 HKT/SGT
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Source: JCB
VietinBank to Launch the JCB Co-branding International Credit Card with Vietnam Airlines

Hanoi and Tokyo, Apr 23, 2014 - (ACN Newswire) - Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Airlines and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, officially announced VietinBank - Vietnam Airlines - JCB Co-branding card will be launched in May 2014. The ceremony was held today to commemorate the launch of the new card. With the cooperation of three prestigious brands: Vietinbank, Vietnam Airlines and JCB, the new card is a high-end credit card in the market with 2 grades available: Gold and Platinum for VietinBank VIP clients and Vietnam Airlines Golden Lotus Plus cardmembers.

With this card, cardholders may enjoy outstanding incentives and benefits in the areas such as banking, aviation, insurance, travel and entertainment:

Best Bank Services Priorities
-- Special concierge and customer service: Arrange travel schedule, support the booking of airline tickets, golf, restaurants, hotels, etc in the world; support and provide information related to cards and card transactions
-- SMS Banking service: help customers control all transactions on card account through SMS
-- Information enquiry, and registration for card services via hotline and Internet
-- Credit limit of up to 1 billion VND

Best Aviation Priorities
-- Being an official member of the Vietnam Airlines Golden Lotus Plus
-- Spending cards and accumulating GLP bonus miles to convert into valuable gifts such as: air tickets, seat upgrade, invitation to business lounge of Vietnam Airlines, air tickets of SkyTeam Alliances' members and much more rewards of Golden Lotus Plus.
-- Being entitled to insurance and comprehensive healthcare service offers at 5-star international hospitals.

Priority of purchasing comprehensive health insurance
-- Being entitled to insurance and comprehensive healthcare service offers at 5-star international hospitals.

Shopping, services, tourism and entertainments in Vietnam and worldwide
-- Enjoying preferential discount up to 90% at famous Vietnam golf courses in Vietnam
-- Enjoying preferential discount up to 75% at luxurious fashion brands, 4 and 5-star hotels, shopping malls, supermarkets, etc worldwide.
-- Cardholders have access to JCB Plazas and Plaza Lounges worldwide where various services are available at their overseas destinations such as travel related arrangement as well as emergency assistance.
-- Enjoying offers of VietinBank that enable customers to experience the sense of superior-classy-luxury service.

The new card, with collaboration with prestigious partners to bring out preeminent card products in Vietnam, reaffirmed VietinBank's commitment to providing incentive-values diversity and abundance for all customers. It is confirmation for VietinBank's strategic vision which is geared towards the product development, modernization and banking service in general; and card products and services in particular. Also, this break-through is an important contribution to the implementation of the non-cash payment policy passed by the Government and the State Bank of Vietnam.

About Vietnam Airlines (VNA) and Golden Lotus Plus

As the core force of the air transport sector in Vietnam and Mekong sub-region, Vietnam Airlines - the Vietnam national airlines headquartered in Hanoi - has been exploiting 93 flight lanes to 21 domestic destinations and 29 international ones with over 300 fights per day. Along with young fleet consisted of 82 modern aircrafts such as Boeing 777, Airbus A330, Airbus A321, Vietnam Airlines' is expected to expand its fleet with more state-of-the-art global types: Airbus A350XWB, Boeing 787-9. On June 10th 2010, Vietnam Airlines officially became a member of the global airline alliance - SkyTeam and be the first representative of the alliance in Southeast Asia.

Golden Lotus Plus, abbreviated as GLP, has been launched from 1999 for the aim of bringing VNA regular customers the sense of comfort and ease through a wide range of unique classy services and incentives. In the past 12 years, the campaign has been developing to nearly 700,000 members, in which includes more than 27,000 platinum and gold senior members.

GLP is currently consisted of 4 official card grades: Platinum, gold, titanium and silver. In particular, the Vietnam Airlines platinum grade is equivalent to Elite Plus one (the highest grade of the SkyTeam); the Gold and Titanium are equal to SkyTeam Elite. Members owing those prestigious cards are also entitled to all privileges that SkyTeam brings to its senior members. On the ground that VNA has joined SkyTeam, GLP members may access services and products system homogeneous globally.

In addition, GLP has never stop striving to expand cooperation with partners in the fields of banking, hotels, telecommunication, car rentals, etc; in order to diversify products and services provided to VNA patrons. For more detail of GLP, please visit VNA website www.vietnamairlines.com

About VietinBank

As one of the leading commercial banks in Vietnam, VietinBank always takes the lead in providing a variety of banking products and services, of international standards. In particular, the VietinBank card products and services have received the trust of numerous customers across the country. Until now, the card business activities of VietinBank has achieved encouraging results, being the market leader in Vietnam cards market with more than 23% market share of the domestic debit card; approximately 30% market share of the international card; nearly 33% market share in developing POS payment system in Vietnam, etc. VietinBank card products and services are in species diversity with remarkable utilities, which gives customer satisfaction when using and contributing VietinBank's pole position in the Vietnam market.

Being one of the leading banks that apply of modern technology in product development, VietinBank has recently launched 5 new technology products and services including MPOS service, online merchant service, non-card cash withdrawal service, ATM deposit / currency conversion at the ATM, nonphysical international E-Fast Card, etc. It is supposed to support customers access to modern payment methods, minimizing the amount of cash hold and increasing safety without carrying cash alongside.

The awards VietinBank has achieved in the field of card includes: "Trust and Usage 2012"; "Excellent card business activity Bank" in 2011 by the Association of cards and "The forefront bank of POS merchants development", "The leading bank in developing card payment service" in 2011, 2012 and 2013; etc.

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 cardmembers 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

For more information, please contact:

VietinBank Card Central
Address: Noi Chinh Zone - Nhanh Chinh Ward - Thanh Xuan Dist - Ha Noi City
Phone no: 0439421333
Email: cardcenter@vietinbank.vn
Website: www.vietinbank.vn/card

JCB International Co., Ltd.
Ayako Tanaka
Corporate Planning
Phone: +81-3-5778-8390
Email: jcbinternational-pr@info.jcb.co.jp


Topic: New Service
Source: JCB

Sectors: Cards & Payments, Daily Finance
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