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Friday, 9 November 2012, 16:00 HKT/SGT
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Source: JCB
Sacombank and JCB Launch Car Card in Vietnam

Ho Chi Minh City & Tokyo, Nov 9, 2012 - (ACN Newswire) - Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) and JCB International Co., Ltd. - the international operations subsidiary of JCB, the only global payment brand based in Japan - announce the launch of JCB credit card in Vietnam. This new card is the "Sacombank-JCB Car Card" focusing on car owner customers with many services and special benefits in Vietnam.

Sacombank-JCB Car Card holders can enjoy promotions and discounts when purchasing car-related services such as repair, maintenance and replacement of spare-parts, car accessories, navigation equipment, car washing and insurance; as well as discounts up to 50% in hundreds of shopping spots, dining venues and service points with the icon of Sacombank Plus; purchase in installments at 0% interest rate, and earn points to redeem for gifts while shopping. In addition, customers can use the Car Card at any JCB accepting locations in 190 countries and enjoy various benefits throughout the world with JCB.

From 09/11/2012 to 29/01/2013 Sacombank offers a promotion of VND 500,000 for the first 1,000 Car Card holders who have a total payment value at POS and through the Internet by 29/01/2013 of a minimum VND 5 million. Application criteria for Sacombank-JCB Car Card are: customers who own cars (max. 9 seats, over VND 300 million worth and not over five years old at registration) or customers who have an income of at least VND 5 million per month and have worked for the current company for 3 months or more. Sacombank and JCB also continue to work together to provide high-quality services meeting the diverse needs and lifestyles of Vietnam's customers.

About Sacombank

Sacombank is one of the leading commercial banks in Vietnam with 415 transaction points in 48/63 of Vietnam's provinces and in Laos and Cambodia. Catching the market trend in non-cash payment, Sacombank has invested strongly to become one of the banks with most effective card operation in Vietnam in the number of issued cards, the abundance of various card types and diversity of features and facilities. Besides Car Card, Sacombank issues more than 20 payment cards, credit cards and prepaid cards along with 760 ATMs and 3,000 POS 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 over 22 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 77 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 .

Note: JCB statistics included in About JCB are as of the end of March 2012.


Contact:

Ms Vu Thi Thuy Hang
Communications & Marketing Dept.
Sacombank
Tel: +84 8 38 469 516 (Ext: 1647)
Cell: +84 989 605 685
Email: hangvtt6584@sacombank.com

Ms Ayako Tanaka, Mr Masayasu Okada
Corporate Planning Dept.
JCB International Co., Ltd.
Tel: +81 3 5778 8390
Email: ayako.tanaka@jcb.co.jp , masayasu.okada@jcb.co.jp

Topic: Press release summary
Source: JCB

Sectors: Daily Finance, Daily News
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