TOKYO - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., has announced the launch of the Agribank JCB Credit Card with Vietnam Bank for Agriculture and Rural Development (Agribank), a leading bank in Vietnam.
Agribank and JCBI have launched the Agribank JCB Credit Card to diversify the bank's products to meet various demands of customers in Vietnam. The launch event was held today to commemorate the starting of issuing international JCB brand cards by Agribank in Vietnam.
The holders of Agribank JCB Credit Card can access the JCB acceptance network with about 29 million merchants and over a million ATMs in 190 countries and territories, and enjoy a lot of benefits provided by Agribank. Customers enjoy a competitive lending interest rate, and all payments for goods and services are free of interest for 45 days when paying off all outstanding loans upon maturity. JCB provides a wide variety of brand services such as "Daily Enjoy" brand promotion special privileges at selected merchants and customer service at airport lounges, and JCB Plaza overseas service counters available at 62 locations around the world.
JCB is a 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 29 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 19 countries and territories, with more than 89 million card members. 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 providing responsive and high-quality service and products to all customers worldwide. More information about JCB is also available on the website: www.jcbcorporate.com/english
Note: JCB statistics are as of the end of March 2015.
Vietnam Bank for Agriculture and Rural Development (Agribank) is the only 100% state-owned commercial bank in Vietnam. Throughout its development, Agribank has always been the largest bank in Vietnam in terms of total assets, operating network and customer base. The bank's market share includes 16% of the total funding sources and outstanding loans that make up Vietnam's banking system as a whole. In 2015, Agribank possessed total assets of VND 762 trillion (USD 36 billion), a broad operating network of 2,252 branches and transaction offices across the country (covering 63 provinces and cities) and nearly 40,000 staff. Agribank's customers include 10 million house-holds, individuals and 30,000 enterprises.
Agribank's strategy for the coming years will see the bank continue to enhance its key role in the monetary and credit market for agriculture and rural areas: providing diversified products and services that are tailored to the features of each region or area, while maintaining its position as the largest commercial bank and financial institution in Viet Nam, committed to contributing to the country's achievements in industrialization, modernization and development. http://www.agribank.com.vn/102/782/about-us/general-information.aspx
JCB International Co., Ltd.