ABBank, Efora launch co-branded debit card

Nov 1st at 13:21
01-11-2016 13:21:36+07:00

ABBank, Efora launch co-branded debit card

ABBank and Euro-Asia Trade Joint Stock Company have launched a co-branded ABBank-Efora debit card, with incentives offers for customers.

 

Efora, run by Euro-Asia Trade JSC, is a distribution system that sells genuine leather products made by well-known international brands. To date, Efora has opened 16 stores in nine large cities and provinces in Viet Nam.

The ABBank-Efora debit card, which was launched late last week, is aimed at customers who make purchases at Efora stores but don't have accounts in ABBank.

The card will allow customers to make online transactions, withdraw cash from ATMs as well as pay for goods and services at points of sales nationwide. The card will be available in three categories: VIP, Premium and Platinum. Customers will not be charged a card issuance fee and will enjoy fee free for current account maintenance.

Cardholders will become VIP members of Efora and get 5 per cent discount on all purchases as well as other attractive incentives.

"The co-branded card will lay a foundation for the two enterprises to accelerate our co-operation comprehensively in the near future, in an attempt to help each other's customers," said Le Dieu Loan, CEO of Euro-Asia Trade JSC.

bizhub



NEWS SAME CATEGORY

Bank to lend to develop HCM city grassroots-level hospitals

The Housing Development Commercial Joint Stock Bank (HDBank) last week signed an agreement with the HCM City Department of Health to provide credit to buy medical...

Tarriff exemptions for Chinese, ASEAN goods

The zero per cent tariff under the ASEAN-China Free Trade Agreement (ACFTA) will bring more goods from ASEAN and China to Viet Nam, especially Chinese fruits.

Financial markets to restructure towards balance, transparency

As Viet Nam is integrating rapidly into the global economy, the financial markets need to be restructured towards balance, efficiency and transparency to eliminate...

Bac A Bank's profit in Q3 surges 5 times

Bac A Bank's pre-tax profit in Q3 surged five times against the same period last year to VND115 billion thanks to a sharp drop in provisions for risk loans.

Public warned about bank security

The public is being asked to become more aware about guarding personal data to avoid potential loopholes in local bank security systems.

Law on bad debt settlement necessary: experts

The Government must create a law on bad debts settlement to tackle difficulties during the process, experts said at a recent conference held by the State Bank of...

Kien Long Bank posts loss in Q3

Kien Long Bank is the country's first bank to have reported a loss of VND8.8 billion (US$392,000) in the third quarter of this year. In the same period last year...

Moody's assigns ratings for TP Bank

US rating agency Moody's for the first time assigned long-term local and foreign currency deposit and issuer ratings of B2 to Tien Phong Commercial Joint Stock Bank...

Gov't will let banks fail: official

The Government will consider the possibility of letting poor performing commercial banks go bankrupt, instead of them as it did in the past, Deputy Prime Minister...

Bangkok Insurance studies re-entry to Vietnam market

Bangkok Insurance is conducting a feasibility study on re-entering Viet Nam after withdrawing from that market a decade ago, said BKI president Apisit Anantanatarat.

Bank stocks

Insurance stocks


MOST READ


Back To Top