BVBank was honored to receive three awards from JCB:
The Inspirational Product and Solution 2023 – recognizing their innovative and inspiring product offerings.
Leading Licensee in Card Activation Balance Increase 2023 – acknowledging their success in driving card activation and balance growth.
Leading Licensee in Outstanding Spending Volume Growth 2023 – highlighting their impressive growth in card transaction volumes.
BVBank’s Award-Winning Performance with JCB
Throughout 2023, BVBank introduced multiple new card lines, each tailored to meet their customers’ diverse needs. The launch of the BVBank JCB Ms. card, with its exclusive benefits for women, including a 10% cashback offer at popular e-commerce platforms, stood out in a competitive market. This card demonstrates BVBank’s commitment to creating specialized products and services that cater to distinct customer segments.
In addition to their product innovations, BVBank has also focused on leveraging technology to enhance customer experiences. A notable example is the introduction of convenient cash advance and installment payment options for credit card users on the Digimi digital banking platform. With just a few simple steps, customers can now easily access cash advances or convert transactions into installments directly through BVBank’s mobile banking app.
As a result of these initiatives, BVBank’s JCB credit cards have gained widespread popularity, with new card acquisitions and spending volumes increasing by nearly 200% and 150%, respectively, compared to the previous year.
“As a modern, customer-centric retail bank, BVBank strives to create optimal products, services, and conveniences to enhance our customers’ experiences,” said Mr. Ngo Minh Sang, Director of BVBank’s Retail Banking Division. “In our card business, we focus not only on providing useful features but also on elevating the personal payment experience through attractive benefits and promotions. We are deeply honored to receive these three prestigious awards from JCB, and they will serve as a tremendous motivator for us to continue developing and meeting the diverse needs of our valued customers. We are committed to working alongside JCB to promote the growth of cashless payment solutions in Vietnam.”
In 2024, BVBank unveiled a new design and naming scheme for their credit card lineup, accompanied by benefits tailored to different customer segments. Embracing the message “Để BẠN chi tiêu nhẹ nhàng” (“To help YOU spend with ease”), the new credit card series presents a modern and appealing visual identity, along with more relatable names. Popular choices such as BVBank JCB Sense, BVBank JCB Cheer, and BVBank JCB Discovery have been enhanced with additional features like cashback, annual fee waivers, and a 55-day interest-free period.
Check out the Banks that are Increasing Interest Rates Again
As of the end of February 2024, several banks have unexpectedly adjusted their interest rates upward after a prolonged period of continuous decline.
BVBank aims for threefold growth in pre-tax profit by 2024, increasing capital to VND6,408 billion
On April 19, 2024, The Bank for Investment and Development of Vietnam (BVBank, UPCoM: BVB) held its 2024 Annual General Meeting of Shareholders. The presentations on the business plan, capital increase and continued plan to transfer floors were all approved by the General Meeting of Shareholders.
BVBank Shareholder Meeting: 2024 Targets Selective Growth, Assets and Credit Outstanding to Grow 14%
On the afternoon of April 19th, 2024, the Vietnam Thuong Tin Commercial Joint Stock Bank (BVBank – stock code BVB) successfully held its Annual General Meeting of Shareholders (AGM), where numerous important contents were submitted and approved.
Another bank raises savings rate effective today, April 24
Today, a private bank has officially announced an upward adjustment in interest rates on its fixed deposits for select tenors.
