“BVBank Leads in Growth Rate and Total JCB Card Transaction Volume”

This prestigious recognition for BVBank underscores the bank’s growing array of prominent card products and services trusted and chosen by customers.

Specifically, BVBank was honored by JCB with four significant awards:

– Leading Licensee in Outstanding Spending Volume Growth 2024 – Recognizing the bank’s exceptional growth in card transaction volume.

– Leading Licensee in Spending Volume 2024 – Awarding the bank’s overall leadership in card transaction volume.

– Leading Licensee in Credit Card Active Ratio 2024 – Highlighting the bank’s success in credit card activation rates.

– Leading Licensee in Card Activation Balance Increase 2024 – Celebrating the bank’s outstanding growth in activated card accumulation.

Receiving these four awards simultaneously in 2024 from JCB underscores BVBank’s relentless efforts to continuously enhance its products, innovate its services, and deliver exceptional experiences to its JCB cardholders.

With a vision of being a “dynamic and modern retail bank, focused on customers,” BVBank has consistently placed customer experience at the heart of its operations. In 2024, the bank prioritized the application of advanced technologies, invested in operational systems, and forged a strong partnership with JCB to create a comprehensive card ecosystem (BVBank JCB Sense, BVBank JCB Cheer, BVBank JCB Discovery). This ecosystem is designed to meet diverse customer needs and offer a wide range of benefits.

Testament to this success, BVBank witnessed a remarkable 31% increase in the total number of cards issued in 2024 compared to 2023, alongside a 32% growth in card transaction volume. Additionally, the 30% increase in new customers compared to the total number of customers in 2023 underscores the trust and confidence that customers have in BVBank’s products and services, including its card offerings.

“We are deeply honored to receive these four prestigious awards from JCB, which serve as a testament to our dedication to excellence in our card business. Building on our success in 2024, we aim to further expand our market share and achieve sustainable card growth in 2025. Our card ecosystem will not only grow in scale but also in the depth of customer experience. Each card line will offer enhanced benefits, tailored to meet the diverse needs of our customers. Moreover, we will strengthen our technology and security measures to maximize card usage protection. With JCB’s close collaboration and support, we are confident in achieving our card business goals” – shared the BVBank leadership representative.

The BVBank JCB card ecosystem, comprising BVBank JCB Sense, BVBank JCB Cheer, and BVBank JCB Discovery, offers a range of features and benefits, including annual fee waivers, cash back on spending, competitive foreign exchange rates, and reward points across various fields. Additionally, BVBank enhances the user experience with convenient cash advance and flexible installment payment options through credit cards on the Digimi digital banking platform. Customers can easily apply for cash advances into their payment accounts or convert transactions into installments directly within BVBank’s mobile banking application.